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Risk Management

Proper Risk Management Solutions

 

Risk Management is one of the most important aspects of any business. Any business will face its own set of unique challenges within its industry. We cannot predict the future, but we can prepare for the challenges that lie ahead. With the outbreak of COVID-19, the world has come to stand-still, with many countries invoking lockdown to isolate and contain this virus. Since COVID-19 is spread through physical contact, people are practicing social distancing as well to avoid any contamination or exposure to the virus. This element drastically impacts the way we do business across the world.

 

How Can I Approach Risk Management in My Business?

 

The International Organisation for Standardisation (ISO) is a multi-national organisation that puts forth internationally agreed upon standards to certify businesses across the world that comply with these specific standards. There are various standards in which WWISE can assist your business to comply with. We do not certify businesses. However, we can ensure that your organisation complies with ISO standards and assist your business through the certification process. Today, we will discuss some pivotal ISO standards that can ensure that your business is on top of risk management, especially throughout this time.

 

Quality Management Systems (QMS)

 

A Quality Management System is critical to ensure that your organisation keeps up a level of quality regarding your products or services. We can develop and implement such a Management System for your organisation in accordance with the ISO 9001:2015 standard. Therefore, you will minimise the risks of products and services being delivered to your customers by avoiding sub-par levels of output and reacting to customer feedback to optimise customer satisfaction. This is the first step to ensure that your business is on track to reach new heights within your industry.

 

Information Security Management Systems (ISMS)

 

Many businesses store or have records of sensitive information on their clients, customers, or business associates. By implementing an Information Security Management System that complies with the ISO 27001:2013 standard, you will minimise the risks of confidentiality breaches, corruption, and data losses within your organisation. With the rapid and constant development of Information Technology, it is crucial to implement such a Management System within your business, no matter the size or industry in which you operate.

 

Occupational Health and Safety Management Systems

 

Working in an office, industrial facility, or storefront requires a business to implement Occupational health and Safety regulations in accordance to your specific industry. By developing and implementing an Occupational Health and Safety Management System that complies with the ISO 45001:2018 standard, you can ensure that your business adheres to such regulations on an international level. Such a system will also allow you to reduce the risks of work-related incidents for your employees. Therefore, your workforce will have more confidence and be more comfortable within their respective work environments.

 

The Importance of Maintenance

 

Businesses can underestimate the value of maintaining their Management Systems. Therefore, we ensure that your organisation has a plan for recurring maintenance of implemented Management Systems. This will minimise the risks of falling behind on international standards and possibly losing your certification because of it. Therefore, you can trust us for a comprehensive solution to ISO compliance to optimise the risk management for your business.

 

Risk Management Throughout COVID-19

 

The world was turned on its head by the effects of COVID-19 and the lockdown. For businesses, the economic impact brings forth a large risk that must be managed accordingly. This risk is loss of business, which can be combatted by business continuity solutions. Our eLearning platform offers a comprehensive selection of courses that can educate your employees on various ISO standards and the various elements to these standards. It can serve as a solution to ensure that your business can still grow throughout the lockdown periods, keeping the gears rolling and equipping your employees to deliver better quality, efficiency, and execution within their respective work environments.

 

WWISE is your partner in ISO compliance. We have multiple clients form around the world that take advantage of being ISO compliant. We cannot certify your company, but we can assist you to comply with the ISO standards and assist you through the certification process. Start practicing proper risk management solutions for your business today with WWISE on your side. For more info, please contact us today on 086 109 9473, 021 525 9159, or email us at admin@wwise.co.za.