Situation at CareNetWest
As the situations at CareNewWest if facing is not an old one from some companies. With a new company that is dealing with public healthcare which is facing many risk management challenges. Some of those issues include the lack of a risk management team. As the Army Information Management states that “Risk management: Process of identifying, assessing, and controlling risks arising from operational factors and threats and making decisions that balance risks and costs with mission benefits.” Possibility risk is something unsympathetic occur. Risk management is the progression of evaluating risk, which would escort in smart steps to reduce risk to a satisfactory level, and continuing that level of risk. Conversely, by chance not always aware of it, individuals come to grips with risks every day. Businesses as such as reduction the CareNewWest supports.
CareNewWest would need to hire a third party risk management team which would run an audit for the risks that the company is going through. This will show CareNewWest the errors that need to be handled in order to develop a repair process. In addition, this will show the board members of the CareNewWest that the management and staff are willing to make amends of the issues that are going on within the company. The CEO would need to approve the necessity funds to move forward with the risk management firm as well as the repair works of the groups finding. CareNewWest would also need to hire are select within the company a project manager who will facilitate the requirements that is needed to move forward with the corrections.
Dealing with the Key Experienced operational position that is open; Care ...