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Consider Exhibit 5 of the case, discuss the five dimensions or indicators of the risk analysis model EXHIBIT 5: ENTERPRISE RISK MANAGEMENT INTEGRATED FRAMEWORK Governance

Consider Exhibit 5 of the case, discuss the five dimensions or indicators of the risk analysis model

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EXHIBIT 5: ENTERPRISE RISK MANAGEMENT INTEGRATED FRAMEWORK Governance & Culture Strategy & Objective Setting Performance Information, Review & Revision Communication 8 Reporting 18. Leverage 15. Assesses information and substantial change technology 1. Exercises board risk oversight 6. Analyze business context 10. Identifies risk 2. Establishes operating structures 7. Define risk appetite 11. Assesses severity of risk 16. Reviews risk and performance 19. Communicates risk information 3. Define desired culture 8. Evaluate alternative strategies 12. Prioritizes risks 17. Pursues improvemeni in enterprise risk management 20. Reports on risk culture, and performance 9. Formulates business objectives 13. Implements risk responses 4. Demonstrates commitment to core values 5. Attracts, develops, and retains capable individuals 14. Develops portfolic view EXHIBIT 5: ENTERPRISE RISK MANAGEMENT INTEGRATED FRAMEWORK Governance & Culture Strategy & Objective Setting Performance Information, Review & Revision Communication 8 Reporting 18. Leverage 15. Assesses information and substantial change technology 1. Exercises board risk oversight 6. Analyze business context 10. Identifies risk 2. Establishes operating structures 7. Define risk appetite 11. Assesses severity of risk 16. Reviews risk and performance 19. Communicates risk information 3. Define desired culture 8. Evaluate alternative strategies 12. Prioritizes risks 17. Pursues improvemeni in enterprise risk management 20. Reports on risk culture, and performance 9. Formulates business objectives 13. Implements risk responses 4. Demonstrates commitment to core values 5. Attracts, develops, and retains capable individuals 14. Develops portfolic view

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