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Enterprise risk management and the healthcare risk manager
Author(s) -
Berkowitz Sandra L.
Publication year - 2001
Publication title -
journal of healthcare risk management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.221
H-Index - 16
eISSN - 2040-0861
pISSN - 1074-4797
DOI - 10.1002/jhrm.5600210106
Subject(s) - enterprise risk management , risk management , business , it risk management , risk analysis (engineering) , health care , risk management plan , knowledge management , process management , business risks , operations management , computer science , engineering , finance , economics , economic growth
The healthcare industry is dynamic and the industry changes require new tools to manage the risks generated by new core competencies. Silo‐centric practice is giving way to integration in the healthcare organization and in the discipline of risk management. Whether insurable or not, risk threatens the bottom line and business success. Enterprise Risk Management provides the tools for imbedding the discussion of Risk into the way an organization does business. Two tools described here are a Showstopper Risks List and a Risk and Response Map. The risk manager who adds value to the organization by aligning risk management strategies in support of business success will not only survive, but thrive in a constantly changing environment.