ERM and Bluewood Chocolates

Chapter 18 explained ERM and Bluewood Chocolates. Do you agree with the approach to implement an ERM and why? If you could change anything about the reasons to implement ERM in this case study what would that be and why?

Would you implement the same ERM approach in your current organization (or future organization)?

Select AT LEAST 3 other students’ threads and post substantive comments on those threads, evaluating the pros and cons of that student’s recommendations. Your comments should extend the conversation started with the thread. Replies should be completed by Sunday.

ALL original posts (4 in total) and comments must be substantive. (I’m looking for about a paragraph – not just “I agree.”).

Solution Preview

Responses
Response 1
In the post, the peer suggests that implementing the ERM would help solve some of the major issues that the company has been grappling with. I think this is true given the manner in which the prospects of the company such as its positioning in the market will change once the ERM has been implemented.

(177 words)