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 cur
Required Resources
Textbook(s) Required:
Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons.
Class & Assignment Schedule Tentative Course Outline*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”
Assignment/ Article /Case study reflection
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