Discussion
By now you have seen how complex and nuanced Enterprise Risk Management (ERM) is in both nature and operational execution. Read the article, Beyond good intentions: Navigating the ethical dilemmas facing the technology industry, and discuss the following questions:
- How can technology companies use ERM to overcome the ethical dilemmas identified in the article?
- What specific elements of the ERM framework support your suggestions?
Read your peers’ responses as if you were an IT executive. How does that shift your perspective on these dilemmas? Share alternative perspectives or questions you have that challenge or deepen the discussion.To earn full credit, post an initial response of 500 words that includes at least one APA citation and the associated reference
Assignment Instructions
You have done a lot of work towards prepping your company’s strategic ERM. Last week you identified several of the potential future trends which impact the direction and nature of your ERM. Now it is time for you to assess the operational and financial risks of the ERM. Use insights from your reading, as well as any additional research on your company or the related industry to answer the following questions:
- What are some of the operational and financial risks your company faces? Share insights about the performance or risk drivers related to these operational risks.
- What is it important to consider when aligning your operational risk management with your ERM?
- How will your company leverage ERM for growth?
Lastly, consider the feedback given by the instructor to the previous weeks’ assignments and conclusions you have drawn this week to finalize your ERM framework. If you have re-evaluated your chosen framework and decided to make a change, explain why.
Submit this assignment as a Word document with a minimum of 1500 words, using APA formatting, citations, and a reference page.