Mini-Cases on ERM and RIsk

Enterprise Risk Management

Overview

Collection of four mini-cases- we will be discussing the first two case studies 26 and 27

Leaves open ended questions

Presents real life situations

And needs for ERM

Mini-Cases

Bim Consultants Inc.

Nerds Galore

Make sure each case.

They are really short and easy to read cases

As you are reading the cases:

Keep in mind how an d why ERM is needed?

The challenges as part of the ERM implementation

How the process might be related to each other

2

Bim Consultants Inc.

Consulting firm

10 offices in Canada

3,000 staff

30 partners

Operate with the “Customers are number one” focus.

But revenue is static

Opportunity to buy out competitor

US competitor selling Canadian operation

Purchase would double size and sales

Negotiations must be kept confidential

No option to visit site as part of due diligence

What types of risk you see as part of the M&A Transaction?After completing the assigned reading, answer the following questions in a short paper.Use the level of detail appropriate for a doctoral level.Outside sources are not required, but if used,they must be cited in-text and in a references section following APA style.
For Chapter 26,BimConsultants:
1. What is your assessment of the situation?
2. What advice would you provide to the board of BimConsultants?
3. What pitfalls should they be concerned with?
For Chapter 27, Nerds Galore
1. The case study ends with the Executive Team agreeing to hold a risk workshop. When evaluating the risks, what risk sources might emerge repeatedly and how might this help in the risk assessment?
2.How wouldrisk assessment aid in thedecision on whether or not Nerds Galore should proceed with the new HR strategy?