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What risks will be covered in the plan

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Reference no: EM131976451

Section 1

Company Profile

Executive Summary

ERM Mission Statement - describes the goals and objectives of your selected ERM risk framework (high level benefits and outcomes from the project)

Section 2- governance structure-

Section 3 -Implementation Plan

Covered risk- What risks will be covered in the plan?

Financial risk

Operational risk

Strategic

Insurance

Outcomes of ERM program implementation

--financial, operation, strategic, insurance

Staff and business leaders responsible for cascading tasks and activities down through the organization (shumin)

External Resources

-Determine if you need external consultants to participate to execute the plan. Explain why you chose to include or exclude external resources.

-What other external sources will be needed, such as, outside counsel, business partners, clients, etc. Explain why.

Risk Tools/Risk Technology

-Decide if you need a risk technology platform to aggregate enterprise risks across the firm. If not, explain how you will manage aggregation manually?

Timeline & Budget

Conclusion

-Briefly explain how your plan will benefit the organization

Reference no: EM131976451

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