This is a fine article.
The author is voting for ISO 31000 as a framework for business. It is a shame that he appears to be, as of yet, unaware of ISO 31000’s robust framework for any sector or industry. In fact, each risk category mentioned in the article can be effectively managed using this international standard.
I am not faulting the author at all.
On the contrary,
he is exhibiting a keen awareness of the need and effectively making the case for implementation of a robust risk management framework.
It is up to us, the users and teachers of ISO 31000, to educate everyone about its benefits and ease of use.
Learn more about ISO 31000 at my website ERM 31000.