Building Resilience: How ISO Standards for Risk, Governance, and Compliance Fortify Organizational Resilience
In today’s complex and rapidly evolving business environment, risk management has become indispensable, acting as the backbone for strategy, operations, business continuity, and resilience efforts across organizations. At its core, risk is about understanding the uncertainties that impact an organization’s goals, whether they stem from external forces like regulatory changes or internal dynamics like operational errors. When effectively managed, risk is not simply a source of concern but a strategic enabler that strengthens the entire organizational foundation.
Three ISO standards—ISO 31000 for risk management, ISO 37000 for governance, and ISO 37301 for compliance management—provide a comprehensive, structured approach to risk management, governance, and compliance. When deployed together, they not only help organizations navigate uncertainty but also bolster operational resilience, ensuring that organizations are equipped to adapt and thrive amid disruptions.