Submitted by cmasingo on Fri, 12/22/2017 - 14:34
Risk is unavoidable in carrying out an organization’s objectives. Whether government agencies or private sector hospitals the work they do -- providing services to people -- is always surrounded by uncertainty. While organizations cannot respond to all risks, one of the most salient lessons from past crises and negative reputational incidents is that both public and private sector organizations would benefit from establishing or reviewing and strengthening their risk management practices.
Submitted by rthomas on Thu, 12/21/2017 - 15:00
Decisions based on bad information can lead to poor results and be quite costly to organizations. This may culminate in the squandering of opportunities, taking on unnecessary risk, misallocating resources, and ultimately not achieving strategic goals or objectives. At a time of shrinking budgets and increasing expectations to do more with less, making better decisions based on informed judgment has taken on even more significance for both private sector and government organizations.
Submitted by rthomas on Wed, 12/20/2017 - 09:07