Enterprise Risk Management

 Textbook : 

https://books.google.com/books?id=LOHhBQAAQBAJ&printsec=frontcover&source=gbs_ge_summary_r&cad=0#v=snippet&q=532&f=false 

There are 4 questions and each question is worth 25 points and they are as follows:

1) Using the Chapter 27 Case Study, Nerds Galore, develop a Risk matrix for the HR-related risks on p. 532.  For each of the Risks in your matrix justify your decision as to their placement on the Risk matrix.

2) Embedding Strategic ERM into Strategic Planning is an important means to implement ERM for an organization.  Develop a Cause and Effect (Ishikawa) chart that would show the factors needed to make a decision to include ERM in Strategic Planning.  Provide a description explaining your chart?

3) Using the case study from Chapter 14 on Zurich Insurance, explain how Zurich’s Capital Management Program supports ERM and provide examples of where Zurich created new value with their ERM program?

4) What are at least 3 Traditional Risk Management practices that are included in ERM?  Clearly define the traditional risk management practice and how it fits with ERM.  Adequate support including applicable case study examples from your text can be applied.

Grading:

Each question is graded on content, how well you address the question, and on good academic writing as follows:

1) 15 points on question response content (written word, diagrams, etc.)

2) 5 points on maintaining focus by keeping to the question, its content, and not providing unneeded material.

3) 5 points on good collegiate academic writing.

Extra Credit Question:  By responding to the extra credit question correctly and as per instructions, 5 points will be added to the final exam score.  There will be no partial extra credit awarded.  Provide your answer at the bottom of your last page of the final exam document and label it as: “My Extra Credit:”  Respond to the following question in 50 – 100 words: What is the most important thing I learned in the course and why?

Analyzing data

Where does data analysis begin?

The collection of data is not the onset of data analysis projects. A data analysis project begins with a purpose, problem, and research questions.

Find one scholarly research paper with an excellent example of:

  • Problem statement
  • Research questions

The example shall relate to a practical, real-world work environment in the information technology field. After finding the research, discuss the following:

  • What makes this example excellent in the topics that initiate a data analysis project?
  • What relates this example to a practical, real-world work environment in the information technology field?
  • Do the research questions meet the criteria defined in the lecture in week one?
  • What is the generalizability of this research?

Security Vulnerabilities

Discuss a security breach that occurred in an organization within the past three years and that could have been prevented with better, logical security. 

In 175 words or more answer the following questions:

Who were the major players in the security breach and what was the breach? 

What logical security components were in place and which were missing?

How did the missing features allow the breach and how would you protect it from happening again in the future?

How did the breach affect data confidentiality, integrity, and availability (CIA)?

short answer

 

“Interaction Design That Benefits the User”  Please respond to the following:

  • Manufactures of smartphones design products to be interactive with consumers. To remain competitive, designers are focused on getting a new product to market as quickly as possible. The user experience (UX) plays an important role in product development. Imagine that you are a manager for the product design department of a company. Suggest when it is appropriate to use Lean UX and when it is appropriate to use AgileUX. Provide a rationale for your response.
  • Balsamiq and Axure are commercial products that evaluate the design and development process. Select either Balsamig or Axure and describe a situation where that tool would be more effective than the other. Justify your response.

Duscussion

 

Conduct independent research to find a targeted recruiting strategy. Then answer the following:

  • Describe the strategy.
  • Who does it target?
  • Does it work?

Also share other recruiting strategies you personally think are worth using.

  • Please describe them
  • Share why you think they work

Cite sources.

ENTERPRISE RISK MANAGEMENT

 

Chapter 18 presented special risk management issues with Blue Wood Chocolates, and chapter 19 presented various financial risks at Kilgore Custom Milling. If Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company? Should a Chief Risk Officer (CRO) be appointed? If so, to whom should he/she report and have access to? How could smaller companies without the resources for a dedicated CRO deal with ERM? What is the role for the board in such a process?

To complete this assignment, you must do the following:

A) Create a new thread. As indicated above, if Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company? Should a Chief Risk Officer (CRO) be appointed? If so, to whom should he/she report and have access to? How could smaller companies without the resources for a dedicated CRO deal with ERM? What is the role for the board in such a process?

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