What is the role of domains in value-driven enterprise risk management?

As a risk manager, you will review a variety of risk types across your organization. The ability to articulate these different risk domains and to mitigate risks within each is a key skill.

As you learned in Week 1, enterprise risk management (ERM) is part of an organization’s strategic plan and it contains domains that include:

Operational

Clinical/patient safety

Strategic

Financial

Human capital

Legal/regulatory

Technology

Review the Flashcards to help you become familiar with the risk domains in health care as you prepare your responses.