Why Should an Organization Implement an ERM Application

Why Should an Organization Implement an ERM Application

Why Should an Organization Implement an ERM Application

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 7-10 page paper discussing the following concepts:

Introduction – What is an ERM?

Why Should an Organization Implement an ERM Application?

What are some Key Challenges and Solutions to Implementing an ERM?

What is Important for an Effective ERM?

Discuss at least one real organization that has been effective with implementing an ERM framework/application. Conclusion – Final thoughts/future research/recommendation.

The paper needs to be approximately 7-10 pages long, including both a title page and a references page (for a total of 9-12 pages). Be sure to use proper APA formatting and citations to avoid plagiarism.

Your paper should meet the following requirements:

Be approximately seven to ten pages in length, not including the required cover page and reference page.

Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.

Support your answers with the readings from the course, the course textbook, and at least FIVE scholarly journal articles to support your positions, claims, and observations, in addition to your textbook. The UC Library is a great place to find supplemental resources.

Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing.

 

References

Vincent, N. E., Higgs, J. L., & Pinsker, R. E. (2017). IT Governance and the Maturity of IT Risk Management Practices. Journal of Information Systems, 31(1), 59–77. https://doi.org/10.2308/isys-51365

Etges, A. P. B. da S., Grenon, V., Lu, M., Cardoso, R. B., de Souza, J. S., Kliemann Neto, F. J., & Felix, E. A. (2018). Development of an enterprise risk inventory for healthcare. BMC Health Services Research, 18(1), N.PAG. https://doi.org/10.1186/s12913-018-3400-7

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You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.


 

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