## BACKGROUND. Relative risks are the most common statistics used to quantify the risk of mortal or morbid outcomes associated with different patient groups and therapeutic interventions. However, absolute risks are of greater value to b'oth patient and physician in making clinical decisions. ## M
Understanding the connection between risk appetite and risk analytics
โ Scribed by Ken Felton
- Publisher
- Wiley (John Wiley & Sons)
- Year
- 2010
- Tongue
- English
- Weight
- 426 KB
- Volume
- 30
- Category
- Article
- ISSN
- 1074-4797
No coin nor oath required. For personal study only.
โฆ Synopsis
Abstract
A clear articulation of an organization's risk appetite and sound, objective analytics are essential for ongoing risk management performance measurement, which is crucial to ultimate risk management success and, ultimately, achieving the organization's strategic objectives. This article explores the risk management process as a cycle of appetite and analytics that can help clear the way to better risk assessment and management.
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