Problem 1: You are a manager in the treasury department in Zillow group (Please read Zillow's 10K). Your boss, Caitlin Reacher, is the CFO and reports to the board's risk committee. She is constantly worried about identifying risks to the company as the board is continually reviewing the 10-K. She is asking you to write her a short memo that develops a process that helps keep that list fresh. Some of the questions she is asking you about are how often we should investigate the sources of risk, how we should institutionalize (or make a regular part of our activities), who should run it, and who should be part of the process. In addition, she is asking for ideas about how to ensure that we consider all the material sources of risk.
Problem 2: Your boss, Cailin Reacher, wants to look at the company's current 10-K risks from an ERM perspective. She asks you for another memo that assigns each 10-K risk to one or more ERM Quadrants. She is interested in your rationale for the placement. In addition, she would like a simple risk map for what you think are two of the most critical risks on a two-by-two matrix. High/Low frequency versus High/Low severity. She is interested in what your rationale for the placement of these risks might be.
Problem 3: [This is not a memo, but an essay]. Given the HBR cases we have read so far this semester, evaluate how each one of those companies would rank on a scale from ...Complete adoption of ERM to No ERM in evidence. Please discuss the company's risk oversight as discussed in the case, if any. Provide a rationale for your placement in the category you choose. To the extent that a firm is not "perfect," what would you suggest the company do to remedy the situation? [Hint: Please note that it might be that their ERM is substandard from a theoretical sense, but that one may not need more of it. I am not looking for just that they all are bad firms and need to do more ERM. I am looking for a thoughtful discussion.]