Distinguish between Risk Management and Enterprise Risk Management Elements

Instructions

Identify which of the following elements are part of risk management and which are part of enterprise risk management. Put an X in the appropriate column in the table below.

ELEMENT	RISK MANAGEMENT	ENTERPRISE RISK MANAGEMENT
Event-driven
Proactive
Is based on an ongoing framework
Reports to the highest level of the organization's governing body
Is subject to frequent litigation
Involves the intersection of operations and quality of care
Involves decision-making both as to risk and opportunities
Is captured, in part, by incident reporting
Is captured in part by complaints to the department of health
Involves existential issues
Generally does not involve financial operations