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on
1
Introduction
2
Agenda
3
Learning Objectives
4
Uncertainty
5
Poll
6
Poll Results
7
Downside Risks
8
Future Upside
9
Internal Rate of Return
10
Other tangible benefits
11
Conclusion
12
Where is your data
13
Using subjective probability estimates
14
The subprime mortgage boom
15
The next poll
16
Recap
17
Why Focus on Risk
18
Safe Patient Handling
19
Tornado
20
Component of Value
21
Results
22
Recognition
23
Value Creation
24
The Holy Grail
25
Uncertainty and Value
26
PartTime Masters Degrees
27
Professional Certificates
28
Strategic Decisions Group
29
Strategic Decision Making
30
Final Poll
31
QA
32
ISO 31000
33
Questions
34
How do we convince senior leadership
35
I work in a facility with 515 licensed beds
36
Command and Control
37
Why IRR
38
Monte Carlo Simulation
39
Closing
Description:
Explore a comprehensive 51-minute lecture on advancing Enterprise Risk Management (ERM) in healthcare organizations. Discover how value-driven ERM addresses the integration of downside risk management while capitalizing on value creation opportunities. Learn about uncertainty, downside risks, future upside potential, and internal rate of return. Examine case studies, including safe patient handling and tornado preparedness. Understand the importance of data, subjective probability estimates, and strategic decision-making. Gain insights into ISO 31000, Monte Carlo simulation, and convincing senior leadership. Participate in polls and engage in a Q&A session to deepen your understanding of ERM in healthcare settings.

Taking Healthcare ERM to the Next Level - Strategic Decisions and Risk Management Program

Stanford University
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