HRM 587 Week 6 Risk Management Presentation -Analysis

ASSESSING THE RISK Strategic implementation of EHR Key Risk Description Category Financial Financial risk of the organization that may Risk affect the funds like: Lack of funds, bankruptcy Low etc. n a l Risks that may affect the operational efficiency P Operational n o of the organization: Like down time, training, i Medium t Risk a g etc. i t i M Multiple risk that may arise due to failure of Strategic Risk the organizations strategic approach: Like High human error, community support etc. Technological Risk that are associated with the utilization of Risk technology in the organization: Like cyber Critical security, protocols etc. 1 GOVERNANCE FRAMEWORK Standard Operating Procedures SOPs ensure consistency and compliance in organizational operations by providing clear guidelines and processes. Appeals and Grievances Mechanisms Structured appeals and grievances mechanisms allow fair and transparent addressing of concerns within the organization. Clear Contact Points Clear contact points facilitate effective communication and resolution of issues, promoting transparency and trust.