Why should an organization implement an erm application

Assignment Help Computer Engineering

Reference no: EM133644211

Assignment: Research Paper-ERM Strategy

Risk management is one of the most important components in empowering an organization to achieve its ultimate vision. With proper risk management culture and knowledge, team members will be "speaking" the same language, and they will leverage common analytical abilities to identify and mitigate potential risks as well as exploit opportunities in a timely fashion. In order to consolidate efforts, the existence of an integrated framework is crucial.

This is why an ERM is necessary to the fulfillment of any organization's goals and objectives. In your final research project for the course, your task is to write a 7 to 10 page paper discussing the following concepts:

A. Introduction - What is an ERM?

B. Why Should an Organization Implement an ERM Application?

C. What are some Key Challenges and Solutions to Implementing an ERM?

D. What is Important for an Effective ERM?

E. Discuss at least one real organization that has been effective with implementing an ERM framework/application.

F. Conclusion - Final thoughts/future research/recommendation

Reference no: EM133644211

Questions Cloud

Potential impacts on nutrient quality in feed ration : Discuss the potential impacts on nutrient quality in a feed ration of any two alternatives used instead of fishmeal.

How is the impact of change management on systems projects : How is the impact of change management on systems projects? Who are the member of a change control board as it relates to project and systems management?

Getting enough nutrients and variety in the diet : A caregiver is concerned that the 8-month-old infant is not getting enough nutrients and variety in the diet.

Brifely share information about their lives : Which research design does the nurse utilize when asking participants who are breast cancer survivors to brifely share information about their lives

Why should an organization implement an erm application : Why Should an Organization Implement an ERM Application? What are some Key Challenges and Solutions to Implementing an ERM? What is Important for Effective ERM?

Safe work environment for childcare educators : What is the scope and nature of a safe work environment for childcare educators.

What are the main issues that the article addresses : What are the main issues that the article addresses? What is the Common Rule? How is this issue related to information systems and digital privacy?

Clinic with rash that consists of several pink : A patient presented to the clinic with a rash that consists of several pink, dome-shaped bumps with a dimple in the center of each bump.

Prepare a paper on application security in large enterprises : Prepare a 4 to 6 pages paper about Application security in large enterprises. Include a Title page, Reference list, introduction and concluding statement.

User Account

All Pages