Tuesday, October 22, 2019

Benefits of applying risk-based thinking


Benefits of applying risk-based thinking

Risk-based thinking is a mindset to proactively improve the certainty of achieving results / outcomes utilizing processes and methods that consider threats and opportunities. There are various benefits of applying risk-based thinking.

Risk-based thinking:
- promotes proactive culture in the organization that improves organization's governance,
- assists organization to comply legal requirements,
- assures consistency of product/service quality,
- improves customer confidence and satisfaction, and
- can help organization prevent losses, capture opportunities and improve communication throughout the organization.

Lessons are learned by applying risk-based thinking and risks can be transformed into opportunities.

- Keshav Ram Singhal

Organizations may contact for conducting in-house training programmes on (i) 'ISO 9001:2015 QMS Awareness', and (ii) 'Applying risk-based thinking.'
Moderate trainer's fee.
Customer satisfaction is prime objective.


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