Research Paper Homework: Enterprise Risk Management
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 10 pages paper discussing the following concepts:
1. Introduction
2. Why should an organization Implement an ERM application?
3. What are some key challenges and solutions to Implementing an ERM?
4. What is Important for an effective ERM?
5. Discuss at least one real organization that has been effective with implementing an ERM framework or /application.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.