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Discussion: Committee structure to administer its ERM

Discussion: Committee structure to administer its ERM

Discussion
Read Chapter 9 scenario, and address the following question
“UW adopted a committee structure to administer its ERM. Would such a structure work in private industry or is a Chief Risk Officer required?”
Instructions for Initial Posts:

After reading the scenario, start a new discussion thread to address the discussion topic.

Discussion Requirements:
Must:

Be 4 paragraphs in length
Be supported by the required textbook and at least two additional references

Points deducted if the submission:

Does not use the required textbook as one of the two reference sources

YouCANNOT use Wikipedia,LinkedInarticles,blogs, paid vendors, certification websites, or similar sources in academic writing.YouCANusereputableindustry articles from publicationssimilartoComputerWeekly,PCMag, Wall Street Journal, New York Times, or similar sources. Academic journals andpopularindustry articles are accessible in the university’s library databases and Google Scholar. All references should not have a publication date older than 2005.

1. Does not respond to the question(s) thoroughly meaning with at least 4 paragraphs
2. Primarily consists of bullet points
3. Uses statements such as “I have gone through your post,” “I have gone through your discussion,” “adding a few more points,” “based on my knowledge,” “according to me,” “as per my knowledge,” or similar
4. Contains contractual phrases, as an example “shouldn’t” “couldn’t”or “didn’t,” or similar
5. Uses vague words or phrases such as “proper,” “appropriate,” “adequate,” “it is obvious,” “it is clear,” “in fact,” or similar to describe a process, function, or procedure

As an example, “proper incident response plan,” “appropriate IT professional,” “adequate security,” or similar. These words are subjective because they have different meanings to different individuals.

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