- Create a 4- page internal memo for a risk management team. Summarize the risk management issue you identified in Assessment 1 for your selected organization in the memo.
- For this assessment, imagine yourself in the role of a risk manager. Using the risk management issue identified in Assessment 1, present a memo to your stakeholders that explains the issue, a recommended solution, and why they are obligated to act on your recommendations. As an example, you might select the issue of reducing HACs within your organization. Refer to the resources provided for this assessment to ensure that you have a solid understanding of the financial dynamics related to this type of issue
- Create a 4-page internal memo. Follow the steps below and include them in the memo:
- Concisely describe the organization and the risk management issue.
- Summarize the legal and ethical financial risk obligations of an accountable care organization (ACO) or high-reliability organization (HRO).
- Describe a strategy for how you would identify and evaluate the process for reducing or avoiding risk within this organization. Please ensure you evaluate your risk management issue through a DMAIC lens.
- Recommend at least two of the best options for improving your risk management issue, as it relates to the organization in question.
- Using the SMART method, identify key performance indicators (KPIs) for your recommendations.
- Include at least three APA-formatted in-text citations and accompanying congruent APA-formatted references. Your sources can be the course textbook, assigned reading, or any other scholarly source.
Memo format: Format your memo so that it reflects the professional standards of your organization or accepted standards of a professional memo in the industry.
