Abstract:
This study explored the impact of risk management practices on the organizational performance of the Border Health Development Foundation (BHDF) in Thailand. Organizational performance serves as the dependent variable, while risk management practices, specifically risk identification, risk assessment, risk response, and risk monitoring are the independent variables. A quantitative research methodology is employed. Using a simple random sampling method, 92 BHDF staff members are selected as participants. Primary data are gathered from the 92 employees through a structured questionnaire employing a five-point Likert scale. Secondary data are collected from relevant organizational documents, including annual reports, program evaluations, and risk management plans, to provide additional context and corroborate the primary data. The collected data are analyzed using descriptive statistics and multiple regression analysis. The results of the multiple regression analysisindicate that risk assessment, risk response, and risk monitoring have significant and positive impact on the organizational performance of the Border Health Development Foundation. Risk identification is not significant with organizational performance. This study suggests that to maintain and enhance organizational performance, the Border Health Development Foundation should apply robust risk monitoring practices.
Author: PYAE SONE OO
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