Chapter 6: Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management 1. What are the advantages of integrating ERM with strategy and strategy execution as described in this

Chapter 6: Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management

1. What are the advantages of integrating ERM with strategy and strategy execution as described in this case?2. How does scenario analysis as described in this case help an organization to prepare for uncertainties?3.  What are the advantages of using the PAPA model to categorize risks?

Chapter 9: Lessons from the Academy: ERM Implementation in the University Setting

1. Articulate the aspects of the university environment to consider as they adopt and implement ERM.

2. Describe the differences between formal structural and collegial organizational models as they relate to goal setting, decision making, and leadership.

3. Analyze strategies utilized at one higher education institution to adopt ERM processes to fit the decentralized academic environment.

Requirements:

API Format 

No Plagarism 

You must also use a scholarly source.

As a reminder, you must list every reference that you used to build your response then cite every reference within every sentence that you used it with a properly APA formatted citation (ABC, 2019). Citation is author last name and year.

Must check Citation years in the discussion as well in the reference too..