Focus on operational risk management

Assignment Help Risk Management

Reference no: EM13730160

This paper will focus on operational risk management. After reading chapters 1, 2 and 7 in Essentials of Risk Management, you should have a basic understanding of what is involved in managing risks within a corporation. I would like you to focus on the operational considerations that were mentioned in chapter 7 (a list can be found on page 155).

Most of these considerations involve the employees in some way. I would like you to find an example of a company that failed to use risk management properly and explain how it could have helped them to avoid their problems.

The best way to begin this paper is to think of companies that you have heard of in the headlines in a negative way, or companies that have gone out of business in the last several years.

Once you decide on a company, you should be able provide an explanation of the problem as well as your thoughts on how this could have been avoided using risk management. Another alternative is to use a company that you currently or previously worked for. If you choose the latter, please make sure that you can provide the required details.

Reference no: EM13730160

Questions Cloud

New venture creation entrepreneurship : Read the Kurt and John Bauer case New Venture Creation Entrepreneurship for the 21st Century.

Identify potential risks to the project : How you would respond to the situation described in the scenario. Identify potential risks to the project if you do or do not take action. Explain strategies you might use to mitigate the risks you identified.

Determine the motivational strategy or strategies : Determine the motivational strategy or strategies that would likely be most appropriate for each of your three employees based on their individual characteristics, and complete the Motivational Action Plan for each employee. How will you leverage ..

Fundamentally wrong with rainier''s business : Based on class discussions and readings, from an organizational behavior perspective, what are some of the things fundamentally wrong with Rainier's business. (Think styles, communications, teams, performance management, development, talent manag..

Focus on operational risk management : The best way to begin this paper is to think of companies that you have heard of in the headlines in a negative way, or companies that have gone out of business in the last several years.

Assessments to create a motivational plan : You are a manager for Riordan Manufacturing. You recently administered a series of assessments to your three employees to give you a better understanding of their different traits. You have begun putting together an Employee Portfolio for each emp..

Unionization-enforceable labor standards : Globalization presents new frontiers and challenges for labor organizations. These changes include westernized labor mindsets being introduced into foreign cultures, which often collide with pre-existing organized labor in the host countries.

Did they pick the right targets in their segmentation : Did they pick the right targets in their segmentation? Will those consumers really buy their product

Propose specific components of an institutional facility : Propose specific components of an institutional facility model based on effective management policies and procedures for a specified group of inmates.

User Account

All Pages