Practical sheet | REF: FIC1358 V1

How to apply the risk approach to systems, processes and operations

Authors: Cécile MALATERRE, Jean-Luc BERSON, Olec KOVALEVSKY

Publication date: October 10, 2022 | Lire en français

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3. What application opportunities are there?

3.1 Seizing new opportunities

Risk analysis is carried out in conjunction with opportunity analysis (cf. ISO 31000 § 6.4.2 "The purpose of risk identification is to seek out, recognize and describe risks that may help or hinder an organization from achieving its objectives. It is essential that the information used for risk identification is relevant, appropriate and up-to-date").

The risk-based approach should enable you to identify opportunities, whether they are directly linked to a risk (like two sides of the same coin) or emerge separately. ISO 9001 specifies in § 6.1 – Actions to be taken in response to risks and opportunities – Note 2: "Opportunities may lead to the adoption of new practices, the launch of new products, the opening up of new markets,...

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What application opportunities are there?