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According to ChemAnalyst report, “Global Iso Propyl Alcohol Market - Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Grade, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the global Iso Propyl Alcohol market is expected to grow at a healthy CAGR of 6.87% during the forecast period. Rising demand for solvents across end use industries such as paints and coatings and pharmaceuticals backed by s

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Keeping up-to-date with legal changes across multiple jurisdictions and international boundaries is a challenge for every business. This on-demand webinar explores how to keep track of only the regulations that matter to your business, and how to ensure individual sites remain compliant.

Watch the webinar here:

In this webinar, in partnership with IsoMetrix, you will learn:

  • 7 steps to perfecting compliance management across a multi-jurisdictional environment
  • How to link risk and consequence to site-
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Learn about the importance of risk assessments and how the process of linking your legal requirements can bring a whole host of benefits.

What is a risk assessment?

A risk assessment is a process in which an employer, or someone competent appointed by an employer, will identify any hazards and evaluate the associated risks within a workplace. This type of risk assessment can be referred to as a HIRA (Hazard Identification and Risk Assessment). 

In many countries around the world, such as in South A

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Gazetted Officer

A senior government official whose appointment is published in the Gazette of India or any State Government Gazette, he/she is called Gazetted. Their authority of using an official stamp comes from the President of India or the Governors of States. To put it simply, they represent the Indian State and the President.

Important identification & certification documents, to avail various government and banking facilities, require attestation by a gazetted officer, first.

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Listen and sub

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Establishing a private limited company with creative ideas is like giving wings to your own dreams. Especially when you are the owner of your own company. The most catchy part of starting the journey of owning a private company is a big risk. But a great profit is earned and one has to choose the finest entity for that. A company will be popular on the basis of catchy and engaging taglines. The private limited company does full justification to the taglines. The best examples are seen today.

  • Reli
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Radar and Specialty Technical Publishers (STP) Launch Online Risk Management Assessment Program

Announcing ERM BenchMarker™, offering tailored assessment of risk management effectiveness and improvement based on decades of experience in risk management, and organizational competence in managing risk.

Radar, The Risk Management Company providing Consulting, Engineering, Education and Software Services, in partnership with Specialty Technical Publishers, premier North American publisher of audit, co

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Risk Appetite in IT operations

Assessing and measuring risk appetite away from an investment portfolio is perhaps one of the most difficult risk management initiatives practitioners have to entertain, it is also discussed often on risk forums and written about avidly by many consulting firms.

In this article we release a white paper that steps through the entire process of measuring and assessing risk appetite, dealing with the numbers specifically rather than just top level summaries and catch phrases on what risk appetite is

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Do you want to attain Information Security Management and looking for the best documentation kit that can help your organization to achieve ISMS certification without making any hard efforts for the same if your answer is yes then you must adopt ISO 27001 manual right now which is a part of standards of Information Security Management Systems or ISMS. The standard was first came into existence in the year 2005 and from that time, this ISO 27001 manual is being preferred more by business entrepre

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How to Implement ISO 9001 Quality System

Running a business in the global marketplace has never been as demanding as it is today. The internet exposure has even given entry level businesses a chance to have global visibility in a very short time. This means increased competition along with endless opportunities and markets. Nevertheless, competition and standing out from the crowd requires a business to create its own value and stay away from clutter. This is done by creating recognition through associations and accreditation's like th

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ISO 31000 supporting Basel II

On the G31000 LinkedIn risk forum, we have decided to open up a new "chat room" that is dedicated to the application of the ISO 31000 enterprise risk management standard to Banking, Insurance, Supply Chain Finance, Markets and Investment.

The link for the new group can be found by clicking the [Link here].

In this blog posting however, we are going to consider whether ISO 31000 is compatible with Basel II from the outset, [Link here].
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The question today is, does the use of a risk framework such as the one proposed under ISO 31000 reduce risk management disputes between managers in a company?

A possible upside we look for once a risk framework is in full operation, is an improvement in the sharing of risk knowledge and business intel. It could of course go the other way as well; where the risk framework actually does more harm than good and drives bickering or discontinuity between departmental managers?

What did the G31000 foru

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In their new book Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage (2011), McKinsey senior partners Scott Keller and Colin Price make some interesting observations about organisational transformation and the achievement of excellence.

Leaders wanting to „beat the odds‟ must find answers to questions related to:

  • Dramatically (and quickly) improving the organisation‟s performance
  • Avoiding the pitfalls of transforming an organisation
  • Ensuring that performance improvement
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Understanding risk appetite

Risk Appetite is loosely defined as "the affinity a person has for taking risk when attempting to meet a specific objective".

This concept of risk appetite differs from person to person or business to business and interestingly you will find that a person's risk appetite changes as they age.

In this blog we look at risk appetite; what it is, where it has been used and why it is important.

Click here to continue reading ]

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Risk charting and bubble charts

Perhaps ten years ago, reporting risk profiles or organisational threats was a challenging thing to do for many risk analysts on the job and while the majority of risk reports were fundamentally ordinary, it became apparent quite quickly that a simple list of hazards was never going to cut it.

In this blog we look at an emerging era of risk reporting.

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Using the ROC method to optimize controls

In the world of risk, analysts and managers alike try to reduce the likelihood of an event occurring by inserting controls between the event's driving factors and its outcome.

While the logic around this is sound, not all controls are equal and more often than not, some key risk indicators emit erroneous measures which mislead entire risk teams.
 
In this short post, we look at a method for weeding out erroneous control signals.
 
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ISO 31010 and Loss Modeling

One of the most concerning trends that continually persists in operational risk management, is the lack of interest from analysts to attempt to quantify this risk exposure coherently.

In this blog we look operational risk from the perspective of the normal and the extreme.

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Retrofitting ISO 31000

Should we retrofit ISO 31000 to become the umbrella for enterprise risk management?

ISO 31000 has two key issues for integration in the enterprise. The first is an accidental creation of conflict from the ISO standards board, the other is a missed oversight on what is happening on the ground.  

In this blog we take a look at both of these problems [ Click link to continue reading ]

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ISO 31004 Wishlist

The International Organisation for Standardization is about to enter into a trial review for its ISO 31004 guide. Meanwhile, the risk community is generally aware of what it seems to struggle with and the world of risk knows that certain aspects of risk management are simply not verbose enough in ISO 31000.

So then, perhaps it's time to write up our own ISO 31004 wishlist for solving the Achilles' Heel in ISO 31000.

The 50 wishes for ISO 31004 can be viewed by clicking this link

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We define risk as "the effect of uncertainty on objectives" (ISO 31000), however how often do we stop and ask if we have the right objectives in the first place? On what basis were they formed? When were they developed? Have times changed? In my experience facilitating risk workshops, often a poor or even incorrect set of objectives is the "elephant in the room" for the management team. Here are some tips for ensuring you have the right objectives:

 Stakeholder Analysis - Identify your stakeholde

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