#9 – ISO 9001 RISK CHALLENGES – SANDFORD LIEBESMAN

The global economy has provided organizations with many opportunities that didn’t exist even ten years ago. But it also presents organizations with many risks because of the flattening of the Earth via the Internet and extensive outsourcing to countries such as China, Mexico and other nations.The designers of COSO, the guidance commonly used for compliance support of Sarbanes-Oxley Law (SOX), recognized as early as1992 the importance of risk management by including it as one element of the system of internal control. And now ISO 9001 developers are including risk in the 2015 revision. Continue reading