Please summarize, in your own words, a description of enterprise risk management. Why do you feel ERM is different from traditional risk management?
400 words
After reading below two articles and any other relevant research you locate, please discuss the following:
Please summarize, in your own words, a description of enterprise risk management. Why do you feel ERM is different from traditional risk management?
Readings:
- Beasley, M. S. (2016). What is Enterprise Risk Management? Retrieved from https://erm.ncsu.edu/az/erm/i/chan/library/What_is_Enterprise_Risk_Management.pdf
- Hopkin, P. (2010). Fundamentals of Risk Management : Understanding, Evaluating, and Implementing Effective Risk Management. Kogan Page. – https://search.ebscohost.com/login.aspx?direct=true&AuthType=shib&db=nlebk&AN=330814&site=ehost-live&custid=s8501869
Requirements:
- Provide extensive additional information on the topic
- Explain, define, or analyze the topic in detail
- Share an applicable personal experience
- Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA 7)
