Risk Management

As unforeseen risks may arise at any time due to various causes or environmental factors, such as epidemics, technological threats, or political situations, they invariably impact the organization’s operations. Therefore, it is crucial to raise awareness among all personnel within the organization about the importance of risk management. Accordingly, the Institute of Clinical Medicine, Department of Medical Services-Rangsit University, and the College of Medicine, Rangsit University, continuously undertake risk management projects to analyze and manage potential future risks at an acceptable level and control them. This involves learning methods to prevent foreseeable problems and capitalize on opportunities to prevent or mitigate the severity of foreseeable issues, including having contingency plans for emergency situations. This ensures that systems are ready for use, continuously improved, and adaptable to changes to align with strategic risk management objectives. Risk management focuses on employing strategies to manage organizational performance proactively against risks, emphasizing risk prevention over problem-solving after risks occur. Hence, it is considered “Future Management” because the organization’s normal operations aim to achieve its performance indicators according to its objectives. Still, risk management focuses on addressing weaknesses (risks) that would prevent the organization from achieving its performance indicators or at the process and procedural levels. By defining strategies and adapting them into plans/projects/activities (Action Plan), risk management helps enhance the organization’s efficiency in achieving performance indicators in every strategy at a higher level.