Ferma Blog 4: Independent Assessment and Certification – Improving performance and reducing risk
26th September 2011
Ferma Blog 4: Independent Assessment and Certification – Improving performance and reducing risk
Björn Müller, Managing Director of Lloyd’s Register Quality Assurance Germany & Switzerland
Interviewer: In a business climate which is highly risk and security conscious, what is the role of a risk based assessment methodology in helping organisations minimise their risk?
Björn Müller: If you have the risk monitoring aspect implemented in your processes, then an external assessor with technical expertise, can – with LRQA’s risk based assessment methodology – really have a look at the reliance of your risk related process description. The assessor can have a look at the overall performance of all processes, including the risk profile and the risk monitoring. Because the risk profile is – as I mentioned before – quite a volatile topic, it’s very important that an external assessor understands the value it creates for the company if a proper risk management is done. This can be facilitated by the risk based assessment methodology especially developed by LRQA under the Business Assurance brand, which helps organisations to identify and minimise their risks.