Implementing Enterprise Risk Management

Review the two case studies from the reading assignment in Chapter 12 entitled, "Measuring Performance at Intuit" and Chapter 15 entitled, "Embedding ERM into Strategic Planning at the City of Edmonton".

Book: Implementing Enterprise Risk Management: Case Studies and Best Practices

- by Kristina Narvaez, Betty Simkins, John Fraser

Question: You are an ERM consultant, retained by Intuit to re-implement their ERM. They have decided to start over and develop a new ERM for their current organization.

1) Please explain if you would recommend pm2 Risk Scorecard or ISO 31000 on which to base their new ERM program. 

2) Explain the reason(s) why you are recommending one over the other.

3) Benefits of measuring performance in ERM programs.