Occupational safety and health: dealing with work hazards
From the topics, narrow your topic down a little and then write how you would utilize Enterprise Risk Management for these topics. You can narrow the topics down to a specific company but want the overall theme to align with the list. Your research paper should be 6-10 pages and follow the following structure:
Introduction – Brief background of the company and any issues the company has had in the past such as data breaches
A narrative on the organization that you have chosen (to include strategy, core business activities, recent financial performance and corporate view of risk management)
An analysis of the key political, economic, social, technical, legislative and environmental risks that the organization is currently facing
Explore Traditional risk management methods. Explain and define them.
Explore Enterprise Risk Management methods. Explain and define them.
What are the benefits and limitations in using ERM?
What are the key roles and responsibilities for ERM?
What are the key items the company needs to address and what are the risks associated with it?
Provide recommendations for the company to improve their ERM.
Conclusion
Sample Solution
Organization performance is sometimes faced with numerous challenges and poses threat to realization of set goals and objectives. Enterprise Risk Management strategy is top priority for the leadership of the organization failure to complete thorough risk assessment could put the organization in a state of emergency should the process be ignored or mismanaged (Fraser & Simkins, 2010). This paper posits various enterprise risk management methods and the challenges associated with it.
