Paper about ERM

The ABC Corporation executives enjoyed your presentations on how other companies implemented their ERM programs. They are now considering deploying one of their own with our help. However, they are concerned with problems and issues with implementing an ERM program. The executives want to understand how other companies addressed these issues and problems. An important aspect in the research is what practices worked and which ones didn’t. Also, its important to know what practices they didn’t use and why.

Assignment

As risk manager, you will be responsible for the new corporate ERM program. The board has tasked you and your team to create a research paper for the board. The research paper will become the basis for implementing the new ERM program at ABC. Now they have asked you to research several other company’s ERM programs to identify what the best practices are and the pitfalls in their implementation.

Note: Refer page 107 which is Chapter 7 Case Study: Turning the Organizational Pyramid Upside Down Ten Years of Evolution in Enterprise Risk Management at United Grain Growers

The research will involve reviewing the case study above. In the paper, the following will need to be discussed:

· The problems or issues that were encountered by the company

· Ways these were addressed

· The practices that did not work and why

· The practices that did work and the factors that influenced their success

· Ways they could be applied in the ABC corporate ERM program

· Research method(s) you used to analyze the case studies

The research paper will be a minimum 12 to 15-page

· Provide an executive summary that is an overview of the paper and its purpose.

· Discuss the problems with implementing an ERM.

· Describe methods and practices others have tried and what happened.

· Apply your analysis to identify and discuss what would work for the ABC Corporate ERM program.

· Summarize any future work that may need to be done that was not covered in this analysis.

· Include a literature review and annotated bibliography

Include a minimum of five (5) references. Include the literature review as an attachment on the references used at the end of the paper.