To read this content please select one of the options below:

The integration of standardized management systems: managing business risk

Manuel Ferreira Rebelo (Engineering and Technology Faculty, Lusíada University, Vila Nova Famalicão, Portugal)
Rui Silva (Engineering and Technology Faculty, Lusíada University, Vila Nova Famalicão, Portugal)
Gilberto Santos (College of Technology, Polytechnic Institute of Cávado and Ave, Barcelos, Portugal)

International Journal of Quality & Reliability Management

ISSN: 0265-671X

Article publication date: 6 March 2017

5030

Abstract

Purpose

Protecting business value is regarded to be the cornerstone of any organization. The purpose of this paper is to investigate and explore the potential contributions of the integration of standardized management systems (MSs) into an integrated MS. This will support a better coordinated management of different kinds of risks that exist in organizational processes.

Design/methodology/approach

The findings are based on literature as well as empirical case studies conducted by the authors. It focuses on the potential results of integration of MSs.

Findings

It is found that the integration of MSs leads to a more coherent, extensive, consistent, and harmonized process of identification of hazards. Also, it is found that from integration also results in the minimization of associated risks that affect key aspects of business, considering the organizational context vs requirements of each relevant stakeholder, as defined in related management systems standards.

Research limitations/implications

This research, investigate the risk management (RM) and the integration of MSs from existing research papers about empirical studies for the period 2000-2014, including case studies in which the authors are involved. The number of enterprises can be larger.

Originality/value

Although there is some research regarding RM in organizations related to isolated implementations of MSs, this paper stands in a different perspective, since it addresses the issues emerging from the integration of standardized MSs in a broader perspective.

Keywords

Acknowledgements

This work had the financial support of the Portuguese Foundation for the Science and Technology (FCT) through the Strategic Project – UI 4005 – 2014, Project Reference PEst-OE/EME/UI4005/2014.

Citation

Ferreira Rebelo, M., Silva, R. and Santos, G. (2017), "The integration of standardized management systems: managing business risk", International Journal of Quality & Reliability Management, Vol. 34 No. 3, pp. 395-405. https://doi.org/10.1108/IJQRM-11-2014-0170

Publisher

:

Emerald Publishing Limited

Copyright © 2017, Emerald Publishing Limited

Related articles