Provide a reflection of at least 500 words (or 2 pages double spaced) of how the knowledge, skills, or theories of this course have been applied, or could be applied, in a practical manner to your current work environment. If you are not currently working, share times when you have or could observe these theories and knowledge could be applied to an employment opportunity in your field of study.
Requirements:
Provide a 500 word (or 2 pages double spaced) minimum reflection.
Use of proper APA formatting and citations. If supporting evidence from outside resources is used those must be properly cited.
Share a personal connection that identifies specific knowledge and theories from this course.
Demonstrate a connection to your current work environment. If you are not employed, demonstrate a connection to your desired work environment.
You should NOT, provide an overview of the assignments assigned in the course. The assignment asks that you reflect how the knowledge and skills obtained through meeting course objectives were applied or could be applied in the workplace.
course outline:
please cover at least one or two point from he below items.
Week One: Why ERM, Value, and Risk
· Review course procedures
· Chapter 3, “ERM at Mars, Incorporated: ERM for Strategy and Operations”
· Chapter 5, “ERM in Practice at the University of California Health System”
· Assignment/ Article /Case study reflection
Week Two: Strategic Risk Management
· Chapter 6, “Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management”
· Chapter 9, “Lessons from the Academy: ERM Implementation in the University Setting”
· Assignment/ Article /Case study reflection
· Concept mapping activity Due
Week Three: Performance and Strategic Planning
· Chapter 12, “Measuring Performance at Intuit: A Value-Added Component in ERM Programs”
· Chapter 15, “Embedding ERM into Strategic Planning at the City of Edmonton”
· Assignment/ Article /Case study reflection
Week Four: Midterm Assignment
· Concept Map and Paper assignment Due
Week Five: More Risk Management Special Cases
· Chapter 22, “JAA Inc.—A Case Study in Creating Value from Uncertainty: Best Practices in Managing Risk”
· Chapter 25, “Uses of Efficient Frontier Analysis in Strategic Risk Management: A Technical Examination”
· Assignment/ Article /Case study reflection
Week Six: Other ERM Case Studies
· Chapter 30, “Alleged Corruption at Chessfield: Corporate Governance and the Risk Oversight Role of the Board of Directors”
· Chapter 31, “Operational Risk Management Case Study: Bon Boulangerie”
· Chapter 34, “Turning Crisis into Opportunity: Building an ERM Program at General Motors”
Textbook(s) Required:
Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons.
