What are the components of a good ERM process?. Assignment Details (2-3 pages)
For this assignment, make the case for using an Enterprise Risk Management (ERM) process approach to managing risk in a health care organization and why adopting a culture-focused ERM process is essential to risk management in health care organizations.
Consider all of the following in your argument:
- What is ERM?
- How does ERM reduce risk?
- What are the components of a good ERM process?
- Who is responsible for the ERM process?
- Why do health care organizations benefit from an ERM process?