Module Paper 2
Submit a 400- to 500-word paper that fully addresses the following questions. (With a typical font and spacing this will be between 1-1/2 and 2 pages). You are highly encouraged to use the assigned readings as a primary reference and to cite your references liberally. (Properly document all sources using APA format.)
You are also encouraged to use first- and second-level headers for clear organization. Be concise and objective (as appropriate) in your paper. When you are defending a solution, subjectivity is appropriate. However, your approach should always be scholarly.
In your paper, address the following questions:
Explain the role of enterprise risk management and a risk strategy for business.
Discuss the driving trends in continuity planning.
Describe the significance of creating and maintaining a risk management culture.
HLS 625 Module 2 Studentâ€™s Name Institutional Affiliation HLS 625 Module 2 Role of enterprise risk management and risk strategy Over the past two decades enterprise risk management has gained popularity due to various powerful forces. Some of the forces include the need for organizations effectively to manage their risks for the sustenance of their operations and achieve organizational goals. Other effects include government regulations, agency ratings and reviews, and call from shareholders to reform proponents to improve the way risks are managed in the organization (Banks, 2013). An operational entity has risk management activities in place. The enterprise risk manag