Reference no: EM132308809

What you are asked to do is a ‘mini-audit' in which you select an organisation and:

1. Give an overview of the organisation - what it does and how it promotes itself to its shareholder (where relevant) and stakeholders, through official documents, policies, procedures, and advertising. Provide evidence in the form of attachments, but only important documents, or selections that make your point. Don't go overboard with attachments and evidence; just enough to make your point, and no more.

2. Clearly state the ‘advertised' values of the organisation - what it says it stands for. Where these are unclear, try to tease them out.

3. Describe the processes the organisation has in place that promote, monitor, review, action its value commitments. Again, you can't do everything, so be selective. In your general overview of the organisation's value commitments, you can state that the organisation is committed to x, y and z, but focus only on z, for example. In other words, don't be too ambitious. You don't have much time to complete what could be quite a detailed exercise. So, focus on something that is representative of the company's values commitment (or otherwise).

4. Review the history of the organisation over the recent past, say, 5 years. You don't have to be rigid about this. If 10 years is a more appropriate frame of reference, then that's fine. What you are looking for here is the extent to which the company has been true to its commitments. What evidence can you find one way or another? Remember, corporate governance and/or CSR undertakings are major value commitments of an organisation and are absolutely central to this assessment.

5. If possible, interview a few key stakeholders for their views. This is not always possible, but may be very relevant in some circumstances. This is up to you. You do NOT have to interview anyone. But if you can, and if it is relevant, then this would be a good way to get more data on the organisation's fulfilment or otherwise of its value commitments.

6. Draw some conclusions about the company's integrity (more on this below). In other words, discuss what you have found. No need to be definite or definitive, since this is only a mini-audit. But it can be indicative, and serve as the preliminary study for a much deeper investigation. In other words, this is ‘audit lite', so to speak, in which you do a fairly quick and succinct review of an organisation to see if there is anything that would lead you to look more deeply.

7. You need to be specific about the things you find that indicate organisational integrity, and those that indicate organisational hypocrisy. You are not asked to solve the problems you find, but once you have identified key issues, discuss them in light of the key issues covered in the unit.

8. You do not have to provide heavy academic referencing, but where possible, draw on examples from the readings and unit guide, and any other sources that you believe to be relevant. Again, no need to go overboard. Just cite those sources and references that you have actually used; not a long list for the sake of impressing the marker - the opposite will be the case. You will get good marks for authenticity and sound analysis.

Attachment:- CORPORATE AND RISK MANAGEMENT.rar