This summer, RIMS formed a new Standards and Practices Committee. Its goal is to lead, develop, assist outside groups, and promote national and international risk management standards, best practices, research projects and consistency across disciplines. These efforts will increase RIMS contributions to the standards and practices arena, and make it a primary resource in helping to shape and develop risk management-related standards.
The committee is chaired by Carol A. Fox, ARM, former chair of RIMS ERM Development Committee and senior director of risk management at Convergys Corporation. Wayne L. Salen, ARM, CHCM, CPSM, director, risk management, Labor Finders International, Inc., serves as RIMS board liaison.
“The creation of RIMS Standards and Practices Committee is a logical next step in the growth of RIMS as an organization,” says Salen. “It is crucial that risk management practices and standards be embedded as a part of overall business management and compliance practices, and the work of this committee will strengthen those efforts.”
Although in its early stages, the committee has been focused primarily on providing comment on ISO/IEC Guide 73 Risk Management, Vocabulary Guidelines for Use in Standards. The committee is also working with the U.S. Department of Homeland Security on voluntary preparedness and business continuity, as well as other groups in the development of a North American risk management standard.
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