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Essay / Research Paper Abstract
A 17 page paper that discusses risk management and safety issues. The essay explains what ERM is and how it is applied and building a culture of safety. There is an emphasis on the U.S. Marine Corps. Includes outline in page count. Includes 1 graphic. Bibliography lists 21 sources.
Page Count:
17 pages (~225 words per page)
File: ME12_PG700263.doc
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Unformatted sample text from the term paper:
Management and the U.S. Marine Corps 9 Marine Corps Matrix for Assessing Risk 10 Organizational Culture and Risk Management 11 Building a Culture of Safety 13 Marine Corps Safety Division 14 Marine Corps Safety Record 16
Safety Awards 19 Conclusion 20 Bibliography 21 Outline I. Abstract II. Introduction III. Enterprise Risks A. Types of risks B. Sources of risk IV. Enterprise Risk Management A. Definitions of Enterprise
Risk Management 1. ERM is a strategic management approach 2. There are four objectives for ERM B. ERM is used in the military 1. ERM applies to the U.S.
Marine Corps 2. Matrix for assessing risk 3. Organizational Culture and ERM 4. Organizational structure of the U.S. Marine Corps IV. Building a culture of safety A. Safety Division in
the Marine Corps 1. Vision is to make the Marine Corps a world-class safety organization 2. Activities to make all Marines think safety first B. Quantitative reports of mishaps
and fatalities C. Safety Awards V. Conclusion Abstract Risk endangers safety. Risk management can mitigate, minimize, and eliminate risk but certain steps must be taken. Enterprise risk management (ERM)
has become the process du jour because unchecked and unmanaged risk can lead an organization into the ground and risk management will help the organization achieve its objectives. Enterprise
risk management begins with identifying potential risks. The next step is analysis which includes determining how likely the risk is and the severity of the outcome of the risk. If
the probability is great and the outcome is severe, the organization would want to develop a plan to avoid the risk altogether or to minimize its effect on the organizations
ability to achieve its objectives. No organization can avoid risk and as the world becomes more globalized those risks become more complex. This is true of the U.S. Marine Corps,
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