Why should an organization implement an erm application


Research Paper Assignment

Risk management is one of the most important components in empowering an organization to achieve its ultimate vision. With proper risk management culture and knowledge, team members will be "speaking" the same language, and they will leverage common analytical abilities to identify and mitigate potential risks as well as exploit opportunities in a timely fashion. In order to consolidate efforts, the existence of an integrated framework is crucial. This is why an ERM is necessary to the fulfillment of any organization's goals and objectives. In your research project for the course, your task is to write a 7 to 9 pages paper discussing the following concepts:

I. Introduction

II. Why should an organization Implement an ERM application?

III. What are some key challenges and solutions to Implementing an ERM?

IV. What is Important for an effective ERM?

V. Discuss at least one real organization that has been effective with implementing an ERM framework or /application.

VI. Conclusion, final thoughts for future research

VII. Recommendation.

Format your assignment according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Management Information Sys: Why should an organization implement an erm application
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