HCS456 UOPX Challenges in Making Risk Management Decisions Response<\/p>\n
HCS456 UOPX Challenges in Making Risk Management Decisions Response
1.Write a 175- to 265-word response to the following: Identify two challenges in making risk management decisions. How can health care leaders overcome risks? \u00a0 Read and respond to at least two of your classmate\u2019s discussion posts. Be constructive and professional with your thoughts, feedback, or suggestions. 125 words each postFILLER TEXT 2.The health care industry faces common business risks such as workplace violence, workers\u2019 compensation injuries, automobile liability, general liability, employee and management actions, financial risk, technical failure and natural disasters. In addition to these standard organizational risks, the health care industry faces additional exposure in a number of areas. Medical malpractice, patient complaints, HIPAA violations, data breaches and medical accidents or near-accidents are all risks faced by health care organizations. Potential risk-management issues can affect the health care industry in a variety of ways, but the greatest effects are often on the employers\u2019 finances. General liability issues can cause increases in liability insurance premiums. For example, workers\u2019 compensation claims will cause employers\u2019 insurance premiums to rise. The health care industry is predicted to see more serious types of claims, which can also drive up the premium costs. Data breaches also create great financial risk and risk to the reputation of organizations. In 2012, data breaches alone cost the health care industry 6.87 billion dollars. Natural disasters and technical failure can cause interruptions in operations, which may result in loss of income. Health care leaders can overcome risks by implementing strategies and processes that include efficient and effective use of tools such as reports and charts that demonstrate the trend in that particular organization, conducting risk analysis, financing and assessments. Collins, A. (2019). Potential Risk & Quality Management Issues & How They May Affect the Healthcare Industry. Retrieved from https:\/\/work.chron.com\/potential-risk-quality-mana\u2026 FILLER TEXT 3.The two challenges in making risk management decisions are risk oversight and strategies and overlooking ethical culture. Risk oversight and strategies basically is disconnecting between an organization\u2019s risk management and strategic planning activities. In many organizations, risk management is viewed as a compliance or regulatory activity that needs to be done to satisfy some external demand for risk management. Which may means risk management is relegated to a lower-level, non-strategic position that addresses important, but not strategy-defeating issues. An organization\u2019s risk management efforts are inadequately integrated with strategic planning. This may partially be driven by how risk managers have been leading their risk identification and assessment efforts. Overlooking ethical culture, organizations culture differs across the board and it is important to understand how an organization\u2019s culture might affect its risk management efforts. Considering what values are important to all leaders of an organization may open insights as to the willingness organizational leaders may have to take certain risks. Challenging decisions from an ethical lens may be something that risk managers might want to consider. Beasley, Ph.D. (2017). Today\u2019s Risk Management Challenges: It\u2019s A Small World After All. Retrieved from: https:\/\/erm.ncsu.edu\/library\/article\/todays-risk-m\u2026<\/p>\n
MGMT312 APU Week 1 Leadership and Management Discussion<\/p>\n
MGMT312 APU Week 1 Leadership and Management Discussion
Week 1 Forum \u2013 Leadership and ManagementRead this article: (LINK) Plachy, R. J. (2009). When to Lead? When to Manage?. T+D, 63(12), 52-55.Watch this video:What it takes to be a good leaderVideo \u2013 What it takes to be a good leader \u2013 https:\/\/www.ted.com\/talks\/roselinde_torres_what_it_takes_to_be_a_great_leaderAlso read: Dugan (chapter 1) Dugan \u2013 Chapter 4 \u2013 (96-111)Then, write a summary (in your own words) of what leadership means to you. Explain why leadership and management are different. Use your own words. Read the material and then format your reply to include a personal example where you have witnessed a good leader and a good manager or a poor leader or manager. Relate to the class how these leaders or managers affected you. Do you think that all good managers must be good leaders to be effective?Instructions: Your initial post should be at least 250 words, not including repeated questions, references and quotes. References are in APA format.<\/p>\n","protected":false},"excerpt":{"rendered":"
HCS456 UOPX Challenges in Making Risk Management Decisions Response HCS456 UOPX Challenges in Making Risk Management Decisions Response 1.Write a 175- to 265-word response to the following: Identify two challenges in making risk management decisions. How can health care leaders overcome risks? \u00a0 Read and respond to at least two of your classmate\u2019s discussion posts. … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-51020","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/51020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/comments?post=51020"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/posts\/51020\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/media?parent=51020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/categories?post=51020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/answers\/wp-json\/wp\/v2\/tags?post=51020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}