Question
CONSIDERING (The LEGO Group case) related to the integration of strategy and risk management of a large, international company. kindly discuss these points: 1. An
CONSIDERING (The LEGO Group case) related to the integration of strategy and risk management of a large, international company.
kindly discuss these points:
1. An overview of the case
2. What are the advantages of integrating ERM with strategy and strategy execution as described in the case?
3. How does scenario analysis as described in the case help an organization prepare for uncertainties?
4. What are the advantages of using the PAPA model to categorize risk?
5. The mission of the strategic risk management team is to Drive conscious choice. How does the Active Risk and Opportunity Planning (AROP) element of strategic risk management at LEGO help to drive conscious choice?
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