The document outlines an assignment that requires a 300-word response on integrating Enterprise Risk Management (ERM) with business strategy, utilizing a textbook and a study with three case companies: Mitchell Industries, Eli Lilly, and Daisy Company. It discusses the variations in ERM implementation among these companies based on their culture, objectives, and management approaches, highlighting how each company's unique context influenced their strategies. Additionally, it provides specific guidelines on writing two discussions in APA format, each to be approximately 100 words, summarizing the key differences in ERM integration across the three companies.

1. Answer the Below Question. APA format. 300 words.
Textbook :
Information Governance: Concepts, Strategies and Best
Practices; John R.S. Fraser, Betty J. Simkins, Kristina Narvaez;
Copyright © 2015 by John R.S. Fraser, Betty J. Simkins,
Kristina Narvaez (ISBN 978-1-118-69196-0)
Beasley, M. S. (2016). What is Enterprise Risk Management?
Retrieved from
https://erm.ncsu.edu/az/erm/i/chan/library/What_is_Enterprise_
Risk_Management.pdf
Question : Integrating ERM with Strategy Do, H.,
Railwaywalla, M., & Thayer, J. (2016). Integration of ERM
with Strategy (p. 35) reading provided 3 use cases on methods
of integrating ERM with strategy. Review the approach of each
company and provide a summary of the key differences between
the three implementations.
Write Response to below two Discussions seperately.APA
format. 100 words each.

2. DISCUSSION 1:
Integrating enterprise risk management
The research was based on Mitchell industries, Eli Lilly and
Daisy Company. It was found that different approaches
depending on the culture, nature of business and objectives
determined implementation of the Enterprise Risk Management
(ERM). Technology changes, shifts in industry processes and
globalization brought about complexity in production,
marketing and distribution of products. Creation of a link
between the frame working and the ERM of organization is
aimed at coming up with the best risk mitigation strategies to
create business continuity in case of any calamity (Arena, et.al,
2017).
The top management in Mitchell industries worked hand in hand
with ERM of the firm but lacked a strategy bridge between
business units and mutual task. Full understanding of the
assessment of ERM was the key factor considered in Lilly
Company having the tactical scheduling procedure and ERM
development based on the same platform. Devolution of the
culture was practiced in Daisy Company having a connection
built between risk and strategy (Bromiley, et.al, 2015).
The connection between the process of mitigating risk and the

3. production process in any organization is very essential in any
business to enhance prediction of any disaster that might occur.
This was only practiced by Daisy and Lilly companies having
Mitchell Company rejecting to utilize it. Strong relationship
between different departments of an organization promote unity
and teamwork. Unlike the other companies, the Daisy Company
generated future business continuity by passing culture of the
organization from generation to another. Educating the
employees about the benefits associated with having good risk
mitigation system enable the workers to work tirelessly to avoid
any risk. This was only made in use by Lilly Company who
ensured complete understanding on what is meant by enterprise
risk management system (Shad, et.al, 2019).
References:
Arena, M., Arnaboldi, M., & Palermo, T. (2017). The dynamics
of (dis) integrated risk management: A comparative field study.
Accounting, Organizations and Society, 62, 65-81.
Bromiley, P., McShane, M., Nair, A., & Rustambekov, E.
(2015). Enterprise risk management: Review, critique, and
research directions. Long range planning, 48(4), 265-276.
Shad, M. K., Lai, F. W., Fatt, C. L., Klemeš, J. J., & Bokhari,
A. (2019). Integrating sustainability reporting into enterprise
risk management and its relationship with business
performance: A conceptual framework. Journal of Cleaner

4. production, 208, 415-425.
DISCUSSION 2:
ERM Application Comparison
ERM at Mitchell Industries
The company risks management is rooted in most of its business
practices such as R&D, contract management, executive
planning etc. After the financial crisis, the company placed a
greater emphasis on risk management by appointing a senior
member to the Audit committee. This led to an integrated ERM
approach with the management at the top. Further the ERM of
the company involves integration with the management overall
planning in the ERM cycle, whereby the risks of the company
are analyzed through interviews and surveys and remedies
suggested (Viscelli, Hermanson, & Beasley, 2017). The
communication of the mitigation plans is based on those risk
which are critical for the survival of the business.
ERM at Eli Lilly

5. The company chose a different path of integrating
ethics and compliance with its key strategic risks .Further, the
ERM strategy comprises of public policy and compliance
committee and the Audit Committee whose task is to bring in
both accountability and oversight at the board level. The
alignment of the E& C with the ERM was majorly for two
reasons; independence and risk identification. The ethics and
compliance conducts risk mitigation and identification which
brings in greater efficiency (Viscelli, Hermanson, & Beasley,
2017) .Further, within the upper level management there is the
compliance and ERM committee, and an ERM core team within
the lower management levels
Daisy Company
Daisy company operates under a corporate-level RMC that is
inclusive of top-level management and nine other
subcommittees which includes Emerging markets, HR, IT, cyber
risks supply chain, Finance and Reporting etc. These meet four
times year where risks likely to be identified for the company
are outlined and rated in a 3 criteria mode of velocity,
probability and impact. The mitigation efforts are then used to
give solutions about the identified risk for the company based
on the urgency and level of impact. The CEO makes changes to
the ERM strategy each year and supports implementation of new
ones.

6. References
Kennedy, P. (2008). Enterprise risk management: Effective
ERM practices. Strategy & Leadership, 36(3).
doi:10.1108/sl.2008.26136cac.001
Viscelli, T. R., Hermanson, D. R., & Beasley, M. S. (2017). The
integration of ERM and strategy: Implications for corporate
governance. Accounting Horizons, 31(2), 69-82.
doi:10.2308/acch-51692
BLOGGING ABOUT Sociology
SOC100: Introduction to Sociology (spring 2020)
Professor Tara Tober
Scenario for Assignment:
Imagine that you have a blog of your own on a topic in which
you are interested. You specialize in updating your readers
about the latest ideas and research on this topic. This is the
context of your writing for this assignment. So, speak with
some authority. And, you’re being asked to write in an
engaging way that is accessible to diverse kinds of readers. So,
try to avoid jargon—and make sure you clearly explain in plain
language any terms you feel it necessary to use.
Preparation for this Assignment:

7. To complete this assignment, you need to find a research article
on a topic of your choosing (but also one that is relevant to
some of what you have learned in this course) using JSTOR or
another database. You need to be connected to UCSB’s internet
to be able to use and download articles from JSTOR. You will
read the article you find in its entirety and report, in your paper,
on its findings. A few notes on your article search:
1. The article should be from a scholarly (peer-reviewed)
sociology journal.
2. The article must be published between 2010 and 2020 (set
these years as parameters for a search).
3. To help ensure your article is an original research article, the
article should be at least 12 pages and should rely on one of the
research methods we discussed in class to study the topic
addressed.
Assignment
Write a blog review of one recent research article exploring the
factors shaping or consequences of an institution or interaction
in a particular sphere of social life in which you are interested.
While I’d like you to consider any topic, I’m also interested in
you connecting your ideas to relevant material in the course
(from lectures and readings). So, this may affect your choice of
topic as well. Potential research topics might be:
· an occupational sphere that interests you (nursing, policing,
social work, etc.)
· a social space that you find interesting (the gym, classrooms,
urban public spaces, strip clubs, etc.)
· types of social relationships (hooking up, friendship,
parenting, peer pressure, etc.)
· a specific social problem that interests you (homelessness,
illegal drug use, sex work, etc.)
· a struggle during a specific life stage (like young adulthood or
adolescence)
· a specific form of inequality that interests you (race, class,
gender, sexuality, etc.)

8. Writing Guidelines
This post should be approximately 4 paragraphs in length,
written engagingly in a style you might use to write to a
potential employer (thus, avoid specific jargon associated with
the field, and if you have to use it, make sure to explain it
carefully in your own words). You should write it in a Word
document. The review must include:
1. A descriptive title that will attract readers
2. A 1-2 sentence summary—clearly identified and italicized at
the beginning of the paper—of the key points in your review
3. A brief overview of the research problem, research methods
used, major findings and conclusions. Make sure to put this
information in your own words. (*Some articles may be
theoretical or ethical; in this case summarizing the problem, key
logical or analytical steps and conclusions is appropriate.)
4. An evaluation of the article relying on course materials.
Citing course readings at least once (and additional lecture
material when relevant), critically evaluate the assumptions
guiding the study, the framing of the problem, how this builds
on (or contradicts) other things we’ve learned, OR the major
implications of the study. *This section should be at least as
long as your summary AND provide concrete evidence from the
study and course in support of your claims.
5. A reference section including material cited from class in
addition to a citation for the article you reviewed in ASA
format.
Blogging Rubric
Title
Catchy, clever title
5 points
Great title

9. 4 points
Good Title
3 points
Decent Title
2 points
No Title
0 points
Abstract
Excellent
5 points
Great
4 points
Good
3 points
Average
2 points
Missing
0 points
Discussion of Research
Excellent discussion of research question, methods, and

10. findings
15 points
Great discussion of research question, methods, and findings.
14 points
Good discussion of research question, methods, and findings
13 points
Average discussion of research questions, methods, and findings
12 points
Poor discussion of research questions, methods, and findings
11 points
Discussion of Research methods mostly missing
10 pts
No discussion of research methods
0 points
Connecting Course Materials
Student makes excellent connections to course readings. They
critically evaluated their article using class materials.
15 points
Student makes great connections to course readings. They
evaluated their article using class materials.
14 points
Student makes good connections between their article and

11. course readings. Connections, however, were not fully
discussed.
13 points
Student makes average connections to course material. The
connections were brief or superficial
12 points
Student makes poor connections to class material. They do not
explain how their article relates to class.
11 points
Student hardly connects with course materials at all.
10 pts
Student makes no reference to course readings at all.
0 points
References
Excellent citations in ASA style.

12. 5 points
Great references with few errors
4 points
Used incorrect style or had many errors.
3 points
Poor references.
2 points
No references.
0 points
Style
Paper is well-written, well-organized and free of errors.
5 points
This is a great paper that could be improved with some minor
adjustments
4 points
This is a good paper that would benefit from some editing and
organization.

13. 3 points
This is a paper that requires some heavy editing.
2 points
This paper is full of errors, rendering it nearly unreadable
0 points