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What are the advantages of integrating erm with strategy

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Reference no: EM132370598

Question: 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?

4. How would you describe the "Strategic Risk Management Return on Investment" at LEGO?

5. The mission of the strategic risk management team is to "Drive conscious choice." How does the Active Risk and Opportunity Planning (AROP) element of strategic risk man-agement at LEGO help to drive conscious choice?

Reference no: EM132370598

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