Problem
Risk Management is a highly valued discipline and eagerly sought after by organizations that are heavily regulated, requiring high resiliency, that deal with environmental, health and safety issues, involved in project management, insurance, financial services and also within the public sector. Enterprise Risk Management (ERM) is a decision support system that helps such organizations understand risk and assure the achievement of their goals.
Review the two case studies from the reading assignment this week in Chapter 3 entitled, "ERM at Mars" and Chapter 5 entitled, "ERM in Practice at the University of California Health System".
Answer the following questions in your initial post:
In what ways are the ERM approaches of the two organizations similar? How do they differ?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.