Can Health Care Providers Afford to Be Ready for Disaster ...commentary from NYTimes

New York Times 2-14-2016

Can Health Care Providers Afford To Be Ready For Disaster?

At the Institute for Managing Risk at the Manhattanville School of Business, we will be talking about how organizations assess their risks and how they decide to manage their risks. An Op Ed in the February 14, 2016, New YorkTimes highlights the tradeoffs that companies make.

The article, “Can Health Care Providers Afford to Be Ready for Disaster,” addresses potential Federal regulations specifying certain levels of planning, preparation, and testing for nursing homes and hospitals. Are full preparations for another Hurricane Katrina or a Superstorm Sandy reasonable and appropriate? How much back-up power capacity, which might be useful for continuing operations through events far less catastrophic and possibly more frequent than these two weather-driven disasters, is reasonable and appropriate? How should a hospital assess its risks? Are there reasonable minimum standards that might be appropriate for some businesses but not for others? Should providers who are not prepared for disasters fail?

There are tools for making these types of assessments. As you read this article, join me at the Institute for Managing Risk in thinking about the risks and tradeoffs.

Michele Braun

Director, Institute for Managing Risk

Manhattanville School of Business

Comments

The Marketing Success of Mailchimp

Today in the October 5th New York Times there was a wonderful article published about the success of a small business called MailChimp and how they accomplished this while taking the road less traveled. According to the article there are two ways to create a business. The first is the typical way a business gets started; a young entrepreneur comes up with an innovative idea, next is the creation of a prototype along with participating in a start-up boot camp. This then leads to small investors hopping on board; which leads to the creation of a Kickstarter. If everything works out and the product is successful it’s time for the founders to enter the haphazard mode called expansion. This usually translates to selling off the company piece by piece for huge chunks of money from venture capitalists. Then, once a few years have passed, if all goes well, the founders hit it big time and then BANG their set. The second and less well known option is just ...

The End Of A Manhattanville Legend

A piece of Manhattanville College died when sister Ruth Dowd passed on Friday, May 31, 2019, four months after her 100 th birthday. People will look at those dates will say “she had a good run,” or “she had a good life.” And while that is true, the fact is those who really knew her know there is much more to her story! Obituaries tell us about a person’s life; where they are from, went to school, worked, their family etc. They are benign by nature… Let me tell you my thoughts about the PERSON, and bear in mind, I met her when she hired me 13 years ago…when she was merely 87! Ruth is one of my favorite names. Aside from being the eighth book in the Bible, and only one of two named after women in the Old & New Testaments, it was my Grandmother’s (mother’s side) name. You want to talk about special people???? Sister Ruth Dowd hired me in 2006 to run the sport business management program at Manhattanville College. I took the interviews, but I really was kind...

Happy Holidays Newsletter from SPS - Make 2021 Count!

"An investment in knowledge pays the best interest" - Benjamin Frankli n Congratulations to all of our students who completed another semester. You made the best of a difficult situation by sticking with your goals and working on your education. Some of you added a few more credits to your program, some of you completed your final project and some of you completed your final classes and are graduating! I applaud you all! I invite you to read this newsletter highlighting our fall accomplishments, student achievements, and upcoming events. In SPS we have been working hard to stay connected and expand our network with engaging virtual programs. Hopefully, you have experienced this effort, if not please consider joining us for a class or our next Power Lunch series. I hope you stay strong and healthy during these trying times. We need to continue to be vigilant for ourselves and our families. Try to find some good in each day and help others find the same. Keep in touch and e...

Search This Blog