enterprise risk management

Managing Organizational Integrity Risks

Submitted by on Fri, 12/22/2017 - 14:34

Risk is unavoidable in carrying out an organization’s objectives. Whether government agencies or private sector hospitals the work they do -- providing services to people -- is always surrounded by uncertainty.  While organizations cannot respond to all risks, one of the most salient lessons from past crises and negative reputational incidents is that both public and private sector organizations would benefit from establishing or reviewing and strengthening their risk management practices.

Analytics and Risk Management: Tools for Making Better Decisions

Submitted by on Thu, 12/21/2017 - 15:00
Decisions based on bad information can lead to poor results and be quite costly to organizations. This may culminate in the squandering of opportunities, taking on unnecessary risk, misallocating resources, and ultimately not achieving strategic goals or objectives. At a time of shrinking budgets and increasing expectations to do more with less, making better decisions based on informed judgment has taken on even more significance for both private sector and government organizations.

Risky Business

Submitted by on Wed, 12/20/2017 - 09:07

Recovery Act guidance from OMB requires agencies to identify the risk associated with each program and develop a plan of action to reduce such risks. After all, if a program gets 3,100 % increase in funding, like the home weatherization program did, there must be some risk involved!

Managing Risk, Improving Results: Lessons for Improving Government Management from GAO’s High Risk List

Submitted by on Mon, 05/16/2016 - 09:25

That list has grown from 14 programs in 1990 to 32 by 2015, when it was last updated.  These programs range from Medicare benefits to food safety oversight.

Dr. Kettl, one of the nation’s most insightful observers of government operations, stepped back to review what changes in the high-risk list mean over time.  He explored:

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