An Introduction to the Risk Management Framework HACCP Mentor

Welcome to Season 2 of ‘Off the Menu’. Episode 1 introduces you to the ISO 31000 Standards, the guiding principles, and the risk management framework.  In this podcast Pete and I talk about:





* Why you should care about risk management

* Making choices around risk

* Aligning your business to risk management principles

* Continual improvement in the food industry

* Appetite for risk

* Positive impacts associated with risk

* The minimum level of compliance

* Implementing a positive risk culture

* Integrated systems

* Starting with food safety culture

* Understanding the ‘Why’

* Defining an acceptable level of risk in the business

* Customising your risk management approach

* Stakeholder input

* Levels of acceptable risk

* Evidence-based information to support decision making

* Reanalysis and reassessment of business systems

* Implementing a dynamic system

* Risk management framework

* Risk is a social activity

* Structuring the risk management process

* Who is responsible for risk?

* Completing a cultural risk assessment

* Examples for evaluating risk management 

* Key components of the framework























Adapted Podcast Summary

The following information provides a more structured account of the concepts that both Pete and I spoke about in this podcast. It has been taken from an article that Peter published called “Navigating Risk in our Time - Introduction to the Risk Management Framework”

We always have a lot of fun making the podcast so it will be useful to listen in to get real-life and practical examples of the risk management principles and framework.  

























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ISO 31000 Standard

The ISO 31000 Standard was introduced to give organisations practical guidance on how to manage their risk. This risk can be applicable in any aspect of your organisation, whether it be internal or external, current or prospective. Whatever the case may be, the Standard helps organisations customise their risk management practices to their wants and needs.

The guiding principles of risk management

These principles are the foundation and guiding light for our organisation’s operations and processes, as well as how they relate to our risk management practices and procedures. At the core of these principles is one uniting principle - the creation of value and protection of value.



* Continual improvement: this refers to how we leverage our learning experience/s to better develop and improve our current practices and processes.

Integrated: this refers to how well your practices fit within your organisation. Do your risk management practices fit well? Are they cohesive with everything else going on around it? Essentially, is it integrated

Structured and comprehensive: this refers to how well rounded your practices are. Good risk management practices are thorough, of which is usually achieved through a structured and comprehensive approach.

Customised: this refers to whether or not the practices you have are tailored to your organisation’s needs and objectives both internally and externally. Your strategic plan will be helpful here in addressing your objectives.

Inclusive: this principle creates a space for your key stakeholders to be involved with contributing to and developing your risk management practices. In particular, this involvement is to be in a timely manner so you can leverage your stakeholder’s knowledge to strengthen your practices.

Dynamic: this principle refers to the threats that may arise...