Week 6 Reflection Paper

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 1/8

3134.202010 - FALL 2019 - ENTERPRISE RISK MANAGEMENT (ITS-835-15) - SECOND BI-TERM

Reflection Paper MADHUKAR SAMALA on Thu, Nov 28 2019, 1:25 AM

66% highest match Submission ID: c1d76132-6f80-406e-ba44-61e3a7fec4c2

Attachments (1)

Madhukar Samala ERM Reflection Paper.docx

Running Head: REFLECTION PAPER 1

REFLECTION PAPER 4

Knowledge in ERM

Student Name: Madhukar

Student ID: 003011136

Course ID: ITS 835 - 15

Date: 1 28/11/2019

2 UPON COMPLETION OF THIS COURSE I HAVE LEARNED THAT ERM DATA

FRAMEWORK OFFER GROUNDS PARTNERS AT NUMEROUS DIMENSIONS

THE BASIC DATA THEY NEED WHEN SETTLING ON COMPELLING AND

OPPORTUNE BUSINESS CHOICES. IT CAN CHARACTERIZE, FEATURE, AND

FORESEE RISKS AND PATTERNS, ENABLING SUPERVISORS TO INTERCEDE

BEFORE ISSUES EMERGE (SIMKINS & NARVAEZ, 2016). 1 ERM SEEKS TO

(http://safeassign.blackboard.com/)

Madhukar Samala ERM Reflection Paper.docx Word Count: 640 Attachment ID: 2392353571

66%

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 2/8

LOOK AT RISK IN A LARGER CONTEXT, AND MITIGATE THOSE RISKS THAT

WILL HAVE AN IMPACT ON THE ENTERPRISE. IT GOES OUT ON A LIMB

COMPONENTS FROM EACH ASPECT OF THE BUSINESS, AND LOOKS FOR

APPROACHES TO ALLEVIATE THE DANGERS ON A VENTURE LEVEL.

IT INCLUDES RISK IDENTIFICATION, OR WHAT AND WHERE MY THREATS

ARE? IT INCLUDES RISK ASSESSMENT, OR HOW TERRIBLE ARE THESE

THREATS? IT INCLUDES RISK REVIEW, OR HOW, AS A GROUP WILL WE

SURVEY AND RANK THESE THREATS. IT INVOLVES RISK MITIGATION, OR

BY WHAT METHOD WILL WE MAKE RESTORATIVE MOVE TO MODERATE

THE DANGER OF REPLICATION? AND AT THAT POINT, RISK REPORTING TO

DECIDE HOW WE'VE DIMINISHED THE THREAT WITHIN THE

ORGANIZATION.

I have learned that organizational culture assumes a basic role in the implementation and

adoption of ERM in a profit environment, for example, how significant activities are

actualized, how rapidly the association can respond to market changes, and whether the

association can effectively explore significant changes in the business condition (Lam, 2017).

1 AS ORGANIZATIONS EXPAND AND BECOME PROGRESSIVELY WIDE AND

SOPHISTICATED, EXCLUSIVE TOOLS, DOCUMENTATION, AND PROFICIENT,

COMPREHENSIVE RISK MANAGEMENT PROCEDURES AND PRACTICES

BECOME INCREASINGLY SIGNIFICANT, AND A COMPELLING ERM

IMPLEMENTATION CAN ORGANIZE AND PROVIDE IMPORTANT

INFORMATION TO TOP MANAGEMENT.

Before allocating any resources into ERP, it's essential that management see every one of the

intricate details of their own organizations. Knowing how the venture functions helps

management see where ERP can enhance performance, and work to make the organization

increasingly effective. Knowing how the business operates is essential in determining ERP

framework and actualizing that framework in the most useful manner.

I have also discovered that in the event that entrepreneurs need their ERP implementation

process to be effective, they should set cutoff times for each phase of the procedure, set up

time for training, and have a reinforcement plan in the event that the implementation

procedure takes longer or costs more than anticipated.

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 3/8

Having an implementation plan and schedule helps an organization to remain on track toward

ERP achievement. ERP implementation fail mainly as a result of employees’ ignorance where

they fail to take part in program training. It's normal for representatives to feel uncomfortable

towards change, and management ought to try and anticipate it.

With ERM knowledge I have learned that risk management ought to be effectively integrated

into an organization when the convictions and conduct of workers of that association reflect

risk understanding, risk mindfulness, as well as the implementation of risk management

system (Simkins & Narvaez, 2016). 3 THE ADMINISTRATION, TOGETHER WITH

THE BOARD OF DIRECTORS, OUGHT TO DECIDE THE MISSION AS WELL AS

THE POSSIBILITY OF SUCCESS OF ANY CHOICE. This step will guarantee that the

business take risks they can easily manage.

4 FINALLY, IT HAS COME TO MY ATTENTION THAT THAT ERM COVERS A

WIDE RANGE OF RISKS IN VARIOUS AREAS SUCH AS SAFETY AND

SECURITY, REGULATORY COMPLIANCE, ACADEMIC AFFAIRS, RESEARCH,

INFORMATION TECHNOLOGY, FINANCE, HUMAN RESOURCES, AND

FACILITIES MANAGEMENT. In higher education, ERM focus on managing risks to

individual operating units at the institution. It is a critical initiative that aims at integrating

institution’s risk management activities in order to improve the institution’s ability to attain

its objectives.

Reference

Lam, J. (2017). 1 ENTERPRISE RISK MANAGEMENT: FROM INCENTIVES TO

CONTROLS. Hoboken, NJ: 1 JOHN WILEY & SONS.

Simkins & Narvaez. (2016). 2 IMPLEMENTING ENTERPRISE RISK

MANAGEMENT: CASE STUDIES AND BEST PRACTICES. Hoboken, NJ: 1 JOHN

WILEY & SONS.

Citations (4/4) 1 Another student's paper

2 Another student's paper

3 Another student's paper

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 4/8

Matched Text

4 Non-existent paper

Suspected Entry: 63% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

28/11/2019

Source - Another student's paper 05/11/2019

Suspected Entry: 86% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

ERM SEEKS TO LOOK AT RISK IN A LARGER CONTEXT, AND MITIGATE THOSE RISKS THAT WILL HAVE AN IMPACT ON THE ENTERPRISE

Source - Another student's paper ERM seeks to look at Risk in a larger context, and mitigate those risks (in a similar fashion to departmental risk) that will have an impact on the Enterprise

Suspected Entry: 99% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IT GOES OUT ON A LIMB COMPONENTS FROM EACH ASPECT OF THE BUSINESS, AND LOOKS FOR APPROACHES TO ALLEVIATE THE DANGERS ON A VENTURE LEVEL

Source - Another student's paper It goes out on a limb components from each aspect of the business, and looks for approaches to alleviate the dangers on a venture level

Suspected Entry: 99% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IT INCLUDES RISK IDENTIFICATION, OR WHAT AND WHERE MY THREATS ARE

Source - Another student's paper It includes Risk Identification, or what and where my threats are

Suspected Entry: 99% match

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 5/8

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IT INCLUDES RISK ASSESSMENT, OR HOW TERRIBLE ARE THESE THREATS

Source - Another student's paper It includes Risk Assessment, or how terrible are these threats

Suspected Entry: 100% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IT INCLUDES RISK REVIEW, OR HOW, AS A GROUP WILL WE SURVEY AND RANK THESE THREATS

Source - Another student's paper It includes Risk Review, or "How, as a group will we survey and rank these threats

Suspected Entry: 97% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IT INVOLVES RISK MITIGATION, OR BY WHAT METHOD WILL WE MAKE RESTORATIVE MOVE TO MODERATE THE DANGER OF REPLICATION

Source - Another student's paper It Involves Risk Mitigation, or by what method will we make restorative move to moderate the danger of replication?"

Suspected Entry: 84% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

AND AT THAT POINT, RISK REPORTING TO DECIDE HOW WE'VE DIMINISHED THE THREAT WITHIN THE ORGANIZATION

Source - Another student's paper And at that point, Risk reporting to decide how we've diminished the threat in the Enterprise

Suspected Entry: 64% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

AS ORGANIZATIONS EXPAND AND BECOME PROGRESSIVELY WIDE AND SOPHISTICATED, EXCLUSIVE TOOLS, DOCUMENTATION, AND PROFICIENT, COMPREHENSIVE RISK MANAGEMENT PROCEDURES AND PRACTICES BECOME INCREASINGLY SIGNIFICANT, AND A COMPELLING ERM IMPLEMENTATION CAN

Source - Another student's paper As organizations develop and become progressively wide and sophisticated, exclusive tools, documentation, and proficient, predictable, and well- conveyed risk administration procedures and practices become increasingly significant, and a compelling ERM group can organize and feature data significant to leaders - similar to an exceedingly effective, exceptionally modified look and feed for a CEO or division head

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 6/8

ORGANIZE AND PROVIDE IMPORTANT INFORMATION TO TOP MANAGEMENT

Suspected Entry: 100% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

ENTERPRISE RISK MANAGEMENT

Source - Another student's paper Enterprise Risk Management

Suspected Entry: 99% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

FROM INCENTIVES TO CONTROLS

Source - Another student's paper From Incentives to Controls

Suspected Entry: 100% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

JOHN WILEY & SONS

Source - Another student's paper John Wiley & Sons

Suspected Entry: 100% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

JOHN WILEY & SONS

Source - Another student's paper John Wiley & Sons

Suspected Entry: 87% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

UPON COMPLETION OF THIS COURSE I HAVE LEARNED THAT ERM DATA FRAMEWORK OFFER GROUNDS PARTNERS AT NUMEROUS DIMENSIONS THE BASIC DATA THEY NEED WHEN SETTLING ON COMPELLING AND OPPORTUNE BUSINESS CHOICES

Source - Another student's paper ERM data framework offer grounds partners at numerous dimensions the basic data they need when settling on compelling and opportune business choices

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 7/8

Suspected Entry: 88% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IT CAN CHARACTERIZE, FEATURE, AND FORESEE RISKS AND PATTERNS, ENABLING SUPERVISORS TO INTERCEDE BEFORE ISSUES EMERGE (SIMKINS & NARVAEZ, 2016)

Source - Another student's paper It can characterize, feature, and foresee risks and patterns, enabling supervisors to intercede before issues emerge

Suspected Entry: 100% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

IMPLEMENTING ENTERPRISE RISK MANAGEMENT

Source - Another student's paper Implementing Enterprise Risk Management

Suspected Entry: 99% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

CASE STUDIES AND BEST PRACTICES

Source - Another student's paper Case Studies and Best Practices

Suspected Entry: 76% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

THE ADMINISTRATION, TOGETHER WITH THE BOARD OF DIRECTORS, OUGHT TO DECIDE THE MISSION AS WELL AS THE POSSIBILITY OF SUCCESS OF ANY CHOICE

Source - Another student's paper The administration, together with the Board of Directors, ought to decide the mission and the proportions of achievement of any choice

Suspected Entry: 70% match

Uploaded - Madhukar Samala ERM Reflection Paper.docx

FINALLY, IT HAS COME TO MY ATTENTION THAT THAT ERM COVERS A WIDE RANGE OF RISKS IN VARIOUS AREAS SUCH AS SAFETY AND SECURITY, REGULATORY COMPLIANCE, ACADEMIC AFFAIRS, RESEARCH, INFORMATION

Source - Non-existent paper Higher education institutions must manage a wide range of risks in diverse areas such as safety and security, regulatory compliance, academic affairs, research, information technology, finance, human resources, and facilities management (Abraham, 2013).(Fraser et al., 2014)

12/4/2019 SafeAssign Originality Report

https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReportPrint?course_id=_111857_1&paperId=2392353571&&atte… 8/8

TECHNOLOGY, FINANCE, HUMAN RESOURCES, AND FACILITIES MANAGEMENT