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How hospitals can improve the culture of safety in the surgical suite: 10 interventions to mitigate risk and create a culture of safety in the OR
Becker's Clinical Quality & Infection Control
The operating room is the traditional revenue engine of the hospital. Perioperative services at better performing institutions contribute up to 68 percent of a hospital's revenue. As the U.S. healthcare paradigm changes from quantity to quality, accountable care and Value-Based Purchasing will transform perioperative services to outcomes-based reimbursement. To achieve optimized clinical outcomes and maximize reimbursement, hospitals will need to ensure that the safety and efficacy of each procedure is realized.
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Top 10 loss control tips for 2013: Hazard identification and mitigation
By Dennis Truitt
Many of us are looking for the best way to improve safety in the workplace. To that end, we take certain measures to mitigate risk and to control loss. Yet, we often wonder, "Are we taking the right measures?" and "Is it working?" The first step in controlling loss is to be certain that everyone is on the same page. It is vital that you identify and list potential hazards found in your work environment. Once dangers and potential incident areas have been identified, they need to be widely recognized throughout the organization.
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Industry Pulse: Do you have a comprehensive list of potential hazards in your work environment?
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The importance of risk management
Dobbins Air Reserve Base
The Air Force recently lost two Airmen to ground mishaps while loading and unloading aircraft. We continue to hear of Airmen dying on our highways. We also continue to crash our airplanes. Bottom line, the life and duty of Airmen is risky. If it was easy, anyone could do it. The challenge as commanders, Chiefs, supervisors and First Sergeants is to eliminate what risk you can and mitigate the rest. Operational Risk Management is a decision-making process used to systematically evaluate possible courses of action, identify risks and benefits, and determine the best course of action for any given situation.
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Risk management must not be event-driven
ITWeb
Enterprise risk management must not be driven by events, as this approach usually does not result in an organization getting the desired results. According to Tichaona Zororo, director of EGIT, rather than being reactive, organizations must be proactive when putting ERM measures in place. "EPM is not about patching up holes," said Zororo. "It is also not about taking a "stove pipe" approach that only fixes short-term problems."
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Managing risk on infrastructure construction projects
Constructech magazine
Risk management is key on large infrastructure construction projects across the globe. As the need for reducing risks related to the project schedule and costs becomes even greater, more construction project teams are beginning to use software to analyze such risks.
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Taking steps to improve information risk management
Corporate Counsel
Securing information couldn't be a more pressing topic for companies right now, with the overlapping threats of external hacking and weak internal security practices by employees. At the same time, of course, the volume of data and information flowing through many businesses continues to grow. How can companies best safeguard the various types of corporate information and allow business units to innovate with data?

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Frequently forgotten factors in assessing risk
Dark Reading
The first thing to remember about risk assessments is to actually do them. The second is to update them as the world changes. But there is more to it than that. Even organizations that do perform risk assessments make mistakes and forget to factor in important elements along the way. The following are the five most likely misses and what you can do to avoid them.

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Determine your company's real risk appetite
IDG News Service
Most security veterans have seen, or directly experienced, instances of company leadership nodding absently when asked to acknowledge risks, then reacting with complete surprise when a negative event actually occurs. Conversely, many security experts can also recount cases where the company was not taking on enough risk to achieve its aggressive business goals.

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Recovery in US is lifting profits, but not adding jobs
The New York Times
With the Dow Jones industrial average flirting with a record high, the split between American workers and the companies that employ them is widening and could worsen in the next few months as federal budget cuts take hold. That gulf helps explain why stock markets are thriving even as the economy is barely growing and unemployment remains stubbornly high. "So far in this recovery, corporations have captured an unusually high share of the income gains," said Ethan Harris, co-head of global economics at Bank of America Merrill Lynch. "The U.S. corporate sector is in a lot better health than the overall economy. And until we get a full recovery in the labor market, this will persist."
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Determine your company's real risk appetite (IDG News Service)
5 laws every crisis manager needs to know (Business 2 Community)
Breaking the 'fraud triangle' at your business (North Bay Business Journal)
Do's and don'ts for documenting employee discipline (HR.BLR.com)
Cut bribery-prevention costs (CFO Magazine)

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How risky is your risk management program?
The Strategic Sourceror
Disaster preparedness business solutions are essential for business leaders looking to mitigate risk and ensure their procurement, production and shipping processes run as smoothly as possible. While many companies may have programs in place to help them avert problems in the event of a natural disaster, war or political uprising, their risk management solutions may result in future problems, rather than assist in crisis aversion.
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Finding the right health and wellness programs for corporate America
The Huffington Post
Corporate America has begun to realize just how much of an impact the health and wellness of their employees has on the overall costs of running a business. The right fitness and wellness programs can positively impact employees and their productivity level in the workplace and also at home. Big questions start to emerge as businesses look to jump on the healthy bandwagon. How do I find the right health and wellness programs for my business? Will the cost be a heavy burden compared to outcome? Finding the right program can be easy — it just takes planning.
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The new language of sustainability: Risk and resilience
GreenBiz
Sustainability has become a major business buzzword in recent years, but for many, it's still viewed as a philanthropic initiative, disconnected from a company's core goals, or even a burden that competes with other strategic priorities. That must change. Fortunately, more leaders are recognizing sustainability risks. At the World Economic Forum in Davos last month, leaders in business, government, academia and civil society named climate change and water supply as two of the top five global risks facing companies today — and with good reason.
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How employers can embrace social media and protect their business
The Guardian
Social media is revolutionizing the workplace. With more than 1 billion people with accounts registered on Facebook, 150 million LinkedIn users and almost 350 million tweets flying around the web each day, it offers a rich environment. The potential commercial benefits of using this cheap and instantaneous method of communicating with a global audience are obvious. But with opportunity comes risk.
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Colby Horton, Vice President of Publishing, 469.420.2601
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