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ERM Resources for Boards & Trustees

 

Access these tools to ask the right questions and chart your next step towards an effective ERM program

You set the stage for adopting and sustaining a successful ERM program, from establishing risk tolerance to monitoring execution and oversight. Board support is critical for engaging your stakeholders and ensuring the effective deployment of your organization’s resources.

Enterprise Risk Management for Boards and Trustees: Leveraging the Value

Developed in collaboration with the American Hospital Association’s Center for Healthcare Governance, this reference explains the ERM approach, framework, benefits and value of ERM. It details the Board’s role in ERM and provides a case example.

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Supporting Resources & Tools

Quick Reference Tool

ERM Quick Reference Tool

A two-page document to help keep the ERM domains and guiding principles top of mind Download Tool

Enterprise Risk Management:  Readiness Assessment Tool

Enterprise Risk Management: Readiness Assessment Tool

Gain insight into your organization’s readiness to implement ERM practices, or the maturity of ERM initiatives already initiated with this helpful tool. Download Tool

Enterprise Risk Management: Implementing ERM

ERM Enterprise Risk Management: Implementing ERM

For more in depth information and insight into ERM implementation, this white paper outlines the implementation of an ERM program, defines its key structural components in any health care setting, and will help to build consistency in your efforts to develop or move forward your ERM efforts.Download White Paper

Resources to Support Your ERM Stakeholders

ERM Education

Health Care Enterprise Risk Management Playbook, Second Edition

Enterprise Risk Management Certificate Program

The Enterprise Risk Management (ERM) Certificate Program provides an insightful road map to best practices while preparing healthcare risk management professionals to balance risks with rewards. This highly interactive program will prepare your risk management team to be a knowledgeable resource to senior leaders and the board. Participants will develop an individualized ERM framework and action plan for your organization.

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ERM Expanded Reference

Health Care Enterprise Risk Management Playbook, Second Edition

ASHRM Enterprise Risk Management Playbook, Second Edition
The ASHRM Enterprise Risk Management, Second Edition serves as a guide to identify opportunities and strategies to advance ERM practices throughout health care organizations and care delivery models. Developed in collaboration with subject matter experts from outside the health care field, including noted financial ERM expert James Lam, this playbook covers the more advanced aspects of ERM. This playbook compliments the foundational concepts in ASHRM Health Care Risk Management Fundamentals and ASHRM educational offering. New to the Second Edition, this publication utilizes the COSO integrated framework of enterprise risk management, which is founded on strategy and leadership.

Notable Features:

- Crosswalk of COSO Framework and ISO 31000 Guidelines
- Step-by-step guide on how to quantify your risk
- Sample ERM plan and job description
- Includes tools & other ERM resources

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