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 final research project for the course, your task is to write a 7 page paper discussing the following concepts:
The paper needs to be approximately 7 pages long, including both a title page and a references page (for a total of 9-10 pages). Be sure to use proper APA formatting and citations to avoid plagiarism.
Your paper should meet the following requirements: