ERM- Enterprise Risk Management is a strategy that looks at risk management strategically from the perspective of an organization. When UGG/AU took the holistic ERM approach they found great financial success but this wouldn't have happened without their employees. Taking this approach encouraged UGG employees to work hard, focus on their goals and ultimately fulfill the company's goals.

UGG/AU became ERM pioneers when they were able to successfully transition to a publicly traded company in such a short time and implemented this organizational culture change.

I believe hierarchical structure thrives when used in a workplace or organization whose strategy is production, the need for stability, and authority. In my opinion the only time that hierarchy is right for an organization is when reliability is key to success. The military provides a good example of a no mistake, maximize compliance and production-focused organization. Unfortunately overtime a hierarchical organization will suck the life out of there workers, ultimately forcing people out.

thiughts pls