Risk management is one of the most important components in empowering an organization to achieve its ultimate vision. With proper risk management culture and knowledge, team members will be speaking the same language, and they will leverage common analytical abilities to identify and mitigate potential risks as well as exploit opportunities in a timely fashion. In order to consolidate efforts, the existence of an integrated framework is crucial. This is why an ERM is necessary for the fulfillment of any organization’s goals and objectives. the task is to write a 7-10 page paper discussing the following concepts: IntroductionWhy should an organization Implement an ERM application? What are some key challenges and solutions to Implementing an ERM? What is Important for an effective ERM? at least one real organization that has been effective with implementing an ERM framework or /application. Conclusion, final thoughts for future researchRecommendationYour paper should meet the following requirements:9 pages Follow APA7 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion. Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. For more information on Electronic Resource Management read this: https://en.wikipedia.org/wiki/Electronic_resource_management
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