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Parameterization, Analysis, and Risk Management in a Comprehensive Management System with Emphasis on Energy and Performance (ISO 50001: 2018)

P. Pablo Poveda-Orjuela, J. Carlos García-Díaz, Alexander Pulido-Rojano and Germán Cañón-Zabala
Additional contact information
P. Pablo Poveda-Orjuela: ASTEQ Technology, 53 Street No. 53-15, Barranquilla 080020, Colombia
J. Carlos García-Díaz: Centre for Quality and Change Management, Universitat Politècnica de València, Camino de Vera, s/n. 46022 Valencia, Spain
Alexander Pulido-Rojano: Industrial Engineering Department, Universidad Simón Bolívar, Av. 59 No. 59-92, Barranquilla 080020, Colombia
Germán Cañón-Zabala: QUARA Group, 157 Street No. 13 B-20, Bogotá 110121, Colombia

Energies, 2020, vol. 13, issue 21, 1-43

Abstract: The future of business development relies on the effective management of risks, opportunities, and energy and water resources. Here, we evaluate the application of best practices to identify, analyze, address, monitor, and control risks and opportunities (R/O) according to ISO 31000 and 50000. Furthermore, we shed light on tools, templates, ISO guides, and international documents that contribute to classifying, identifying, formulating control, and managing R/O parameterization in a comprehensive management system model, namely CMS QHSE3+, which consists of quality (Q), health and safety (HS), environmental management (E), energy efficiency (E2), and other risk components (+) that include comprehensive biosecurity and biosafety. By focusing on the deployment of R/O-based thinking (ROBT) at strategic and operational levels, we show vulnerability reduction in CMS QHSE3+ by managing energy, efficiency, and sustainability.

Keywords: risks and opportunities management; comprehensive management system; parameterization; vulnerability; energy efficiency; ISO 31000; sustainable success (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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