MJN - RISK MANAGEMENT - INTERNATIONAL CLASS - GANJIL 2021/2022

ISO 31000 describes the principles of risk management, namely: (1) Risk management creates and protects value; (2) Risk management is an integral part of organizational processes; (3) Risk management is part of decision making; (4) Risk management explicitly assesses uncertainty; (5) Risk management is systematic, structured, and timely; (6) Risk management based on the availability of the best information; (7) Risk management is adjusted to conditions; (8) Risk management considers cultural factors and human resources; (9) Risk management is transparent and inclusive; (10) Risk management is dynamic, iterative, and responsive to change; (11) Risk management facilitates continuous improvement and strengthens the organization. This is the basic principle in corporate risk management.