Risk management is an integral part of health care and, in particular, nursing. By identifying risks and determining how to prevent them, nurses and administrators can expect improved outcomes.

For example, time-critical risk management is used when there is little time to make decisions, while strategic risk management is used when there is enough time to make an in-depth analysis.

The Committee of Sponsoring Organizations of the Treadway Commission has added to its widely used Enterprise Risk Management Framework.

If you’re in a high-reliability industry with a heavy process-oriented focus, one of the most useful frameworks you can use has to do with operational risk.

Procurement strategies should include risk management, while strategic sourcing and strategic buying should help to mitigate the majority of high-profile risks. However, when faced with longer-term ...

When people rely on it regularly, it’s far less likely to become outdated. Adopting a modern, process-centric approach to compliance and risk management is like building a well-oiled machine.

If most midsize companies have a formal risk management process, why did so many fail even in pre-pandemic years? The problem is that risk heat maps — many companies’ primary tool for ...