Since the British Standards institution launched its new Risk Management Code of Practice, BS31100, Manigent has been developing services to support organisations as they seek to improve their approach to risk management and comply with the standard.

One of those services is a free online Assessment survey which is designed to provide an indication of organisational maturity with respect to BS31100 and risk management best practice more generally.

The questions within the survey are designed to incorporate the key aspects of BS31100 and can be completed by an individual or team. The results will be presented in a dashboard format using 4 levels of maturity- Initial, Competent, Proficient and Expert. The dashboard will be emailed to you within 24 hours of completing the survey.

Initially, the dashboard will present only your individual results, however, over time as more organisations use this survey tool, comparison dashboards will be developed to enable benchmarking by industry, company size and risk management experience.

Please click here to complete your free assessment survey.

Click here to read this post in a word format.

The purpose of this document is to form the basis of the formation of a BS31100 Benchmark (BMG) Group. This document was prepared after discussion with approximately 67 organisations of private, public and third sector organisations that have an interest in the recently launched BS31100 Risk Management Code of Practice.

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Over the last week or so we have been in touch with approximately 67 organisations from across the private, public and third sector to discuss the formation of a BS31100 Benchmarking Group.
The key points of feedback are summarised below.

The feedback I have received has been very positive and encouraging. Clearly the view that there is a need for some external validation is shared. However there was a strong feeling that the proposed BS31100 Benchmarking Group must be more than a ‘talking shop’ and must add real value to participants.

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