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describe strategic risk management at the lego group


CASE ANALYSIS: Chapter 6, “Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management”
Your case study should be in your own words; quote very sparingly. Be concise. This should be a 5-7 page APA paper.
SUMMARY: Summarize the case. Identify the main point (as in “What’s your point?”), thesis, or conclusion of this case. (5 points)
SUPPORT: Do significant research outside of the book and demonstrate that you have in a very obvious way. This refers to research beyond article itself. This involves something about the company/organization/individual or other interesting related area. Show something you have discovered from your own research. Be sure this is obvious and adds value beyond what is contained in the case itself. (10 points)
EVALUATION: Apply the concepts from the appropriate chapter. Hint: The appropriate chapter is the same number as your case. Be sure to use specific terms and models directly from the textbook in analyzing this case and include the page in the citation. (15 points)
QUESTIONS: Address all the case questions. Be sure to answer each question fully. (15 points)
SOURCES: Include citations on the slides and a reference slide with your sources. Use APA style citations and references. (5 points)
The paper must be in Word and include titles corresponding to the headings above.
Question(B) – Discussion
Chapter 6: Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management
1. What are the advantages of integrating ERM with strategy and strategy execution as described in this case?
2. How does scenario analysis as described in this case help an organization to prepare for uncertainties?
3. What are the advantages of using the PAPA model to categorize risks?
4. What are the pros and cons?
Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons.

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