Instructions:
3-5 page Paper
For this assignment, you should read chapters 1, 2 and 7 in Essentials of Risk
Management.
This paper will focus on operational risk management. After reading
chapters 1, 2 and 7 in Essentials of Risk Management, you should have a
basic understanding of what is involved in managing risks within a
corporation. I would like you to focus on the operational considerations that
were mentioned in chapter 7 (a list can be found on page 155). Most of
these considerations involve the employees in some way. I would like you to
find an example of a company that failed to use risk management properly
and explain how it could have helped them to avoid their problems.
The best way to begin this paper is to think of companies that you have
heard of in the headlines in a negative way, or companies that have gone out
of business in the last several years. Once you decide on a company, you
should be able provide an explanation of the problem as well as your
thoughts on how this could have been avoided using risk management.
Another alternative is to use a company that you currently or previously
worked for. If you choose the latter, please make sure that you can provide
the required details.
This paper should include 3-5 pages of content with an additional cover and
reference page. This is a total of 5-7 pages.
