Expert answer:Risk Defense Paper
Expert answer:You are to defend to your CEO, in a written proposal (memo format), why a risk management department is necessary to your organization. You do not have a risk department…you are selling the CEO with this memo, as to why you should establish such a department. . Please keep in mind CEOs understand money and return on investment. Provide a, brief, basis statement of the responsibility for your organization. If you do not presently work, use a past organization. If you have never worked pick a known organization. Either way, provide a short paragraph explaining the job/mission of your organization, at the beginning of your defense. I would expect the defense to take no less than four pages, double-spaced, 12 point font. Your defense must have no less than five citations and three references to support the need and benefit of a risk management department.You must research beyond the textbook. As you write your defense ask yourself if your argument/support for a risk department would persuade you to spend money for such a function. If you have not persuaded yourself, I doubt if the CEO/professor will be persuaded. Ask someone to read your work. However, they may not tell you how to rewrite…only that they are not persuaded and/or what part needs reworked.Write your defense as if you are preparing and sending the defense to the CEO. Do not write to me, write in the context of you telling your CEO why you need a risk management department. Again, you do not have a risk department…you are selling the CEO with this memo, as to why you should establish such a department.
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