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The latest version of ISO 31000:2018 Risk Management Standard has just been published

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The new version of ISO 31000:2018 Risk Management Standard has been published on February 15th 2018. It is now available in English and French on ISO website and ISO's member bodies. You can also preview several clauses of the Standard (in English and French). In the Press release ISO pointed out the major changes since the previous edition: 'Review of the principles of risk management, which are the key criteria for its success Focus on leadership by top management who should ensure that risk management is integrated into all organizational activities, starting with the governance of the organization Greater emphasis on the iterative nature of risk management, drawing on new experiences, knowledge and analysis for the revision of process elements, actions and controls at each stage of the process Streamlining of the content with greater focus on sustaining an open systems model that regularly exchanges feedback with its external environment to fit multiple needs...

Tell what you want and don’t tell what you don’t

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It is said that “a goal well set is half way achieved”. There is no better way to set up a goal than to describe it in details. It can be a picture of what we want or conversely, what we don’t want to achieve as an outcome. Using an example from risk management practices, it is not as important to describe what can go wrong, but what our Plan B is. In other words, keep focus on solutions but not on problems and on expectations but not on precautions.  E x amples: