Research paper: 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 paper, your task is to write a 7 page paper discussing the following concepts:
- 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 or /application.
- Conclusion, final thoughts for future research
- Paper should be atleast in 7 Pages excluding title and references page.
- Follow APA 7 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 and at least Ten scholarly journal articles to support your positions, claims, and observations, in addition to your textbook.
- Remember not to copy any content from any other source – all work needs to be your original work, but remember to also include citations
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