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February 22, 2024

HCS/456: Risk Management Week 2 Discussion: Risk Domains

HCS/456: Risk Management

Wk 2 Discussion: Risk Domains [due Thurs]

University Library Resources

Wk 2 Summative Assessment: Risk Manager Analysis Presentation

Discussion Topic

As a risk manager, you will review a variety of risk types across your organization. The ability to articulate these different risk domains and to mitigate risks within each is a key skill.

As you learned in Week 1, enterprise risk management (ERM) is part of an organization’s strategic plan and it contains domains that include:

• Operational

• Clinical/patient safety

• Strategic

• Financial

• Human capital

• Legal/regulatory

• Technology

Review the Flashcards to help you become familiar with the risk domains in health care as you prepare your responses.

Discuss the following with the class:

• What is the role of domains in value-driven enterprise risk management?

• How are these domains applied within health care to drive enterprise risk management? Provide examples.

Response Requirements

• By Thursday, respond to the prompt above in a minimum of 200 words.

• By Monday, post a total of 3 substantive responses over 2 separate days for full participation in a minimum of 150 words each response. This includes your initial post and 2 replies to classmates or your faculty member.

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