Reflections on business risk management and its alignment with the iso 31000:2009 standard

• Stefanía Rodríguez Universidad Nacional Experimental Politécnica “Antonio José de Sucre”

Keywords: risk management, ISO 31000, governance, strategic planning, organizational sustainability

Abstract

This essay offers a theoretical reflection on business risk management and its alignment with the principles established in ISO 31000:2009. It examines the importance of incorporating risk management into strategic planning and decision-making processes, emphasizing its role as a tool for strengthening governance,
preventive culture, and organizational sustainability. Through a documentary review of recent literature, the conceptual foundations, guiding principles, and managerial implications of the standard are discussed within the framework of contemporary organizations. The analysis concludes that adopting an integrated approach to risk management enhances resilience and managerial effectiveness in contexts characterized by uncertainty and change.

References

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Hopkin, P. (2023). Fundamentals of risk management: Understanding, evaluating and implementing effective risk management. Kogan Page.

International Organization for Standardization. (2018). ISO 31000: Risk management Guidelines.

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