Risk Management Essays
Risk Management has been in the news over the past few years. In some cases, Risk Management has failed us, and failed us badly (see global financial meltdown, 2008). In other fields, Risk Management is being promoted as the solution to our problems (see POC devices, EQC options, from 2003-2011) . How do balance the strengths and weaknesses of Risk Management? By tapping the strength of another quality management technique: Six Sigma.
What are the Risks of Risk Management? In this essay, we discuss known weaknesses (failure modes) of the Risk Asssessment process, as outlined in recent (2009-2010) reports from the Interntional Risk Governance Council, and relate those failure modes to the medical laboratory.
Risk Analysis. Risk Management. It all sounds good. Very few people in the world will argue against doing some kind of Risk Analysis and Management. But just exactly what kind of analysis should you do? What's a practical approach?
One of the critical early steps of Risk Management is Risk Assessment. There are a multitude of approaches to Risk Assessment, with varying degrees of complexity. Dr. Westgard examines the different approaches and makes recommendations on optimization and customization of these techniques for the healthcare laboratory. (Preview)
A whole host of Risk Management tools, techniques and terminology are headed for the laboratory. New standards and guidelines will make heavy use of these concepts in coming recommendations for laboratory conduct. Do you know what Risk really is? Do you know what Risk Management really means? Dr. Westgard explains some of the words and meanings of this new movement. (Preview)