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Question Description
Scenario 1:
Welcome to ITS 835 Enterprise Risk Management. During the next eight weeks, we will cover a lot of material with fluctuating degrees of conceptual complexity. However, we have the unique privilege of being a part of a class with diverse experience! We have members who have a wealth of risk management experience, while other members have limited to no prior knowledge. Everyone contributes a unique perspective to our community of learning. Learning is generated by having a multitude of varying viewpoints, inquiries that provoke thought, and from actively engaging in discussions; tacit knowledge is acquired by learning from others.
This is our opportunity to become acquainted with the members of our community. Introduce yourself, by providing some information about yourself, e.g., what type of work you do, previous universities you have attended, hobbies, other interesting facts about yourself. Your post does not require references. However, your post must be a minimum of 150 words. It must provide enough details to give us some insight into who you are. Perhaps talk about something that you may have in common, or ask questions about something that they stated that you found interesting.

Discussion:
Assignment:
Read Chapter 6 scenario, and address the following question, “What are the advantages of integrating ERM with strategy and strategy executions as described in this case,” and “What are LEGO Group’s four steps for developing its risk management??
Instructions for Initial Posts:
After reading the scenario, start a new discussion thread. Points are deducted if your submission:

Does not adhere to the University’s academic dishonesty and plagiarism policies.
Does not answer the question(s) thoroughly meaning with more than 3 paragraphs
Contains contractual phrases, as an example “shouldn’t” “couldn’t” or “didn’t,” or similar
Uses vague words such as “proper,” “appropriate,” “adequate,” or similar to describe a process, function, or a procedure.

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

Instructions for Responses:
Respond to ONE peer posting. Evaluate the pros and cons of the student’s proposed strategy. Points are deducted if your response:

Does not adhere to the University’s academic dishonesty and plagiarism policies.
Does not address the pros and cons of the student’s proposed strategy.
Is not a substantive comment that extends the conversation. Meaning about a paragraph – not just “I agree” statements.
Contains contractual phrases, as an example “shouldn’t” “couldn’t” or “didn’t,” or similar
Uses vague words such as “proper,” “appropriate,” “adequate,” or similar to describe a process, function, or a procedure.

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

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