Discussion post and student reply

Enterprise Risk Management ITS 835

Dr. Ronald Menold [email protected]

Chapter 28 The Reluctant General Counsel Mini Case Study

ITS 835

Introduction

▪ Open-ended case study

▪ Basis for discussion

▪ Presents real-life need for an Enterprise Risk Management solution

The Reluctant General Counsel

▪ Business Software Corporation (BSC) – Silicon Valley, CA – Annual revenue over $1 billion

▪ Board wants ERM – Upper management supports establishing ERM

▪ EVP of development and general counsel – Doesn’t want to be involved in ERM – Risk discussions could be discoverable in lawsuits – U.S. Securities and Exchange Commission (SEC)

▪ Requires disclosure of risks – Recommendation is to not formally pursue ERM

Chapter 28 The Reluctant General Counsel Mini Case Study

ITS 835