ERM in Practice at the University of California Health System Case
- Your medical group wants to expand by starting a new venture owning and operating a pharmacy. In order to increase the chances for success you have been asked to perform an enterprise risk assessment that includes reputational risk. Give three examples of how starting a new venture might have risk events that could lead to repercussions that would negatively impact the organizations reputation and three examples where it might be enhanced creating opportunity.
- Explain how improvement is measured with KPIs and give one example related to Human Capital and how this KPI might help you improve your organization.
- What do you think is the difference between traditional risk management and enterprise risk management?