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Explain ERM and why it is important to organizations

Reflect on the case studies reviewed from the course. Write a 2-4 page paper including the following requirements:

  • Explain ERM and why it is important to organizations
  • Describe benefits and challenges of implementing ERM in organizations.
  • What are critical factors to consider in organizations prior to implementing an ERM?
  • How often should ERM strategies and processes be modified after implementation?
  • What was your favorite case study reviewed on ERM? Which one was your least favorite and why?
  • Do you plan to go into a career involving ERM?  If so what is your ideal job role. If not what would you like to do in the future over the next 5 years?

In your paper include:

  • Title Page
  • Content
  • 1-3 References [separate page]

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