Case Study ERM

The assigned case study is Chapter 32 of the attached pdf, at the end of the case study, there are six questions that are listed below. Submit a word doc answering each question, support your answers with current peer-reviewed research articles.

QUESTIONS

1. What are the preconditions for conducting constructive dialogue in an organization?
2. Is effective risk management possible without constructive dialogue?
3. What are the forces that tend to undermine effective risk management in an organization?
4. Given its obvious value in helping an organization to understand the major risks that could prevent it from accomplishing its mission and objectives, why was the financial sector, including a risk-sensitive organization such as Goldman Sachs, so slow in adopt- ing ERM?
5. If you are a bank examiner, what are the signals you would find that would show that a bank is engaging in good risk management?
6. If you are a bank examiner, what are the signals you would find that would show that a bank is failing to engage in good risk management?