Enterprise Risk Management

Reflect on the case studies reviewed from the course. Write a 2-4 page paper including the following requirements:

Explain ERM and why it is important to organizations
Describe benefits and challenges of implementing ERM in organizations.
What are critical factors to consider in organizations prior to implementing an ERM?
How often should ERM strategies and processes be modified after implementation?
What was your favorite case study reviewed on ERM? Which one was your least favorite and why?
Do you plan to go into a career involving ERM? If so what is your ideal job role. If not what would you like to do in the future over the next 5 years?
In your paper include:

Title Page
Content
1-3 References [separate page]
APA format , 300-350 words

20190621114931chapter_26_29_slides

20190621114930chapter_9_slides

20190621114930chapter_25_slides

20190621114930chapter_15_slides_1_

Solution Preview

ERM

ERM can be defined as the process where you plan, organize, lead and control the activities of a company so as to decrease the effects of any risk on business earnings and capital. It involves financial, operating risks and strategic as well as risks linked to accidental losses.

(443 words)