What additional challenges has covid-19 brought to erm

Assignment Help HR Management
Reference no: EM133180267

1, An organization cannot plan for or manage the unknown unknown risks, but they happen all the time. Unknown unknowns are things we are neither aware of nor understand. However, it is possible to manage and minimize the negative impact once they do surface. What steps should an organization take when unknown unknowns hit them?

2. What additional challenges has COVID-19 brought to ERM? How can business leaders mitigate the risks associated with a pandemic, and what do business and government risk leaders need to think about today to prepare for an uncertain future?

3. Choose a situation with which you are familiar where a risk event occurred that had a high impact on a project, causing it to exceed the contingency allowances in the schedule or budget. Do you think this event was an unknown or known risk? What additional mitigation efforts (if any) should be used on a similar project in the future?

Reference no: EM133180267

Questions Cloud

The case for human resources as a strategic partner : 1. Assess whether human resources programs, policies and procedures align with the organization's strategy given socio-economic conditions and trends.
Produce a professional consultancy report : Element of the Consultancy Experience Project module is concerned with the group's ability to produce a professional consultancy report
How the incentive is funded : The incentive plan we have chosen is Goal-sharing
Comparable advancement of inexhaustible : The executives of human utilization of assets is a backhanded methodology dependent on data acquired from financial matters. Three expansive measures for natura
What additional challenges has covid-19 brought to erm : 1, An organization cannot plan for or manage the unknown unknown risks, but they happen all the time. Unknown unknowns are things we are neither aware of nor un
Benefits and drawbacks of protectionism : What are some of the benefits and drawbacks of protectionism? Analyze and critique some of the most recent instances of protectionism by the US government and p
Human capital investment and anticipated returns : Compensation refers to the benefits that an employee receives after putting in mental and physical work, and it is based on how much he or she is worth.
Evaluate the study of organizational behaviour : to evaluate the study of Organizational Behaviour, and assess the various theoretical and analytical frameworks that are employed;
Appraise the skills and roles required by a project team : Appraise the skills and roles required by a project team and contextualise these in relation to the project experience - Write a literature review that shows

Reviews

Write a Review

HR Management Questions & Answers

  Discuss the cms pay-for-performance program

The Pay-For-Performance initiative was designed to incentivize quality improvement in healthcare. This plan is controversial and there are many mixed opinions about its effectiveness.

  Create balanced scorecard for the financial

Create a balanced scorecard for the financial, customer, business, and learning aspects of the project and insert it onto the discussion board.

  Capacity constraintswhat would be some different types of

capacity constraintswhat would be some different types of capacity and the constraints that an dry cleaners could act

  Potential negative aspects of promoting employees

Hiring and promoting from within is often seen as a positive motivational tool. It can be argued that there is a negative side to this practice. Outline five potential negative aspects of promoting employees from within an organization. Be sure to..

  Write down a paper explaining how effective performance

write a paper describing how effective performance appraisals can increase employee performance. this paper should

  Compare and contrast the balanced scorecard

Show to what degree the evidence suggests the balanced scorecard approach is amenable to most organizations

  Crude oil futures contracts often in backwardation

Why are crude oil futures contracts often in backwardation? Can you make profits on this observation? If yes, How? If no, Why?

  Human resource management questions1 -the ceo of mighty

human resource management questions.1 -the ceo of mighty telecommunications sharon wentworth meets with the new vp of

  Discuss two literacy programs

Research and discuss two (2) literacy programs that are offered in schools in your state or territory. Two literacy programs that are offered in schools in New

  Evaluate the concepts of change management theories

Evaluate the concepts of change management theories, techniques, and leadership by assessingtypical challenges seen with implementing a new EHR system across.

  Career paths in the field of human resources management

Outline possible career paths in the field of Human Resources Management (HRM) and, based upon independent research

  Identify the main training and workforce issues

After reading To Err is Human-To Delay is Deadly, discuss the findings of the report as they relate to whether or not we have improved our safety record.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd