Friday, 17 February 2012
IRM publishes Turkish version of ISO 31000 guide
The Institute of Risk Management (IRM) has published a Turkish version of its guide to the ISO 31000 risk management standard in a bid to boost standards and practices in Turkey.
Istanbul
The document, entitled 'A Structured Approach to Enterprise Risk Management (ERM) and the Requirements of ISO 31000', aims to help Turkish risk managers to develop and implement the relevant processes and practices that allow organisations of any size, from both the public and private sectors, to effectively manage their risks from an enterprise perspective, said the IRM.
The original guide was issued in 2009 by IRM and Airmic and has been downloaded over 30,000 times across Europe.
The translation has been completed by a team from the sponsor i-Risk Europe Ltd and contributions made from a multi sectorial team of reviewers including the insurance, disaster management, internal audit and telecommunications sectors.
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A multi-disciplinary and multi sectorial input was required to ensure that the translation took account of the many perspectives that risk management can take so that a balanced view is achieved. The challenge facing Turkish organisations today is clear: deliver business value as well as compliance from an integrated approach, one that embeds key disciplines deeply within the business,” said Ismet Cinemre from i-Risk Europe Ltd.
Nolwenn Allano from Gras Savoye, and founder of the Risk and Governance club, said that in today’s world risk management is a necessity for businesses of all types and size, not only because of the mandatory requirements of new regulations but because of the volatility of the global business environment.
“This booklet is an important guide for business leaders who want to keep abreast of the changes created by global volatility, comply with local regulations and sustain their performance so that the organisation is still here tomorrow,” she added.
Steve Fowler, Chief Executive of IRM, explained further: “This guide is an essential tool for all businesses facing the changes required from the implementation of the new Turkish commercial code requirements. As the leading international risk management education institute, IRM is very pleased to be working with the Turkish business community to support successful growth and development.”
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