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Opportunities carry both risks and chances. They are essential for a business to grow. However, a solid back-up plan has to be in place for every opportunity that surfaces. The right strategy has to be in place for every situation. External factors like market changes are considerably overestimated and in contrast internal risks are marginalized. The ONR 49001 certifications is associated with Risk Management which can complement existing management systems such as the ISO 9001.
Risks are usually undetected or estimated wrongly. This results in inaccurate allocation of priorities, unclear and undefined responsibilities, and a slowdown in the communication process. In a worst case scenario, a lack of risk consciousness can endanger the future of the entire company.
Find out how much ISO 49001 certification could cost your business.
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