Organizational Analysis: Globe Telecommunications

Enterprise Risk Management (ERM) is a series of processes used to identify risk, implement strategies to address risk, and monitor impact on the organization. Indeed, an effective ERM will consist of a corporate profile, which is a record of key risks that would hinder the organization in achieving their key objectives (Fraser & Simkins, 2010). Ideally, the risk profile is created as a tool to communicate with the Board of Directors, but may be used as a means of communication with all levels of management (Bethel, 2016). Typically, there are variations of the risk profile based upon the level of management, such as duration, types of risk, and purpose (Fraser & Simkins, 2010).

This paper is intended as a risk management primer for senior managers. It discusses the

Global Tel Link has been a leading provider of integrated correctional technology solutions for the past 25 years. Reston, Virginia is where the headquarters is located, and the company has 10 regional offices throughout the country. Global Tel Link provides a variety of services including processing equipment, visitation scheduling and video visitation. Over 2,400 facilities and 1.3 million inmates use Global Tel Link.

Risk management can be defined as the process of discovering, identifying, and assessing the risks facing an organization’s operations, as well as determining how said risks can be either controlled or mitigated (Whitman & Mattord, 2013).  Moreover, a significant component of risk management is risk analysis, which is the identification and assessment of the various levels of risk in the organization.  Due to this fact, risk management must remain an ongoing process, and the safeguards and controls that are devised and implemented cannot be viewed as “install and forget” devices.  Additionally, this comprehensive process requires an organization to frame risk, assess risk, respond to risk once determined, and most importantly, monitor risk on an ongoing basis through the use of active organizational communications and continuous improvement feedback loops. Furthermore, the fact that most businesses identify and implement new information technology systems in response to changes in the market on a regular basis justifies the need for an ongoing risk management process.

Because of rapid economic growth in XXX over the past years has increased the fear of major business failure, risk has become an overwhelmingly dominant business topic. As a result, top managers are now focusing on risk management in their companies. As each business entity struggles with its own set of needs and circumstances, the need and flexibility to address this continuously changing and volatile economic environment, would be extremely challenging and fulfilling to me.

A company's risk management strategy is largely governed by the degree to which company leadership emphasizes its importance.

The organization that I chose to discuss in this assignment is a place that I am currently employed at. This is a not-for profit organization called The United Way of the River Cities, Inc. This organization is designed to meet the needs of the community through monetary disbursements. This organization runs fundraising campaigns January through June. The Director of Resource Development recruits volunteers and uses them as ambassadors in the community.

The telecommunications industry has experienced a number of transformations and restructurings in recent years, and the companies that have survived are faced with a broad range of challenges in their operating environments today. Although every telecommunications corporation is unique in some way, and every operating environment is likewise different, it is possible to discern some organizational behaviors from recent reports of firms competing in this industry, at least in a general fashion. To this end, this paper provides an organizational behavior evaluation of a representative company, "Pluto Telecommunications," including a brief corporate history and overview, an analysis of the company's corporate culture, and a discussion concerning how recent trends in the telecommunications industry will likely affect Pluto Telecommunications in the future. Finally, a summary of the research and important findings are presented in the conclusion.

An overall risk profile of the company based on current economic and industry issues that it may be facing.

Founded in March 7, 1984, BlackBerry Limited is a global leader in the mobile communications industry. The company has its headquarters in Waterloo, Ontario, with global divisions in North America, Europe, Middle East, Africa, Latin America, Caribbean and Asia Pacific. Initially, the company was known as Research in Motion Limited (RIM) until it changed its name to BlackBerry Limited.

Especially because the environment is changing more rapidly compared to some years ago. This leads to greater uncertainty, and because of that efficient risk management is needed. Risk management includes identifying, analyzing, accepting, or mitigating all the possible risks related to the action . Carrying out this process will help the decision makers to get a more accurate overview of the potential losses that could result from this investment/strategy and so have a result, which can then be compared to projected benefits. These results will help the responsible person to make a final decision then. This chapter discusses, with help of the “Risk Management framework” by Andy Osborne, the risks, which the company is facing by carrying out this strategy, the impact and likelihood of the risk, as well as different approaches how to minimize, shift, or avoid those

An organisation chart outlines the formal chain of command and communications within an organisation. This is the official structure that is backed up by rules and procedures. You must remember however, that what you see on paper is often very different from the way that things work in the real world. An individual with a strong personality can play an important part in the running of an organisation, although he or she may appear near to the bottom of the chart.

With the power of customer, and talented staff, and high quality the company, will achieve its vision to see every person in the world possessing a computer. The Purpose of this mission is provide customers with superb value technology; the core of the business is provided high quality, relevant technology, customized systems and the values are superior service and support, easy to buy, easy to use

One well accepted description of risk management is the following: risk management is a systematic approach to setting the best course of action under uncertainty by identifying, assessing, understanding, acting on and communicating risk issues. In order to apply risk management effectively, it is vital that a risk management culture be developed. The risk management culture supports the overall vision, mission and objectives of an organization. Limits and boundaries are established and communicated concerning what are acceptable risk practices and outcomes. Since risk management is directed at uncertainty related to future events and outcomes, it is

Here the CMD appoints the head of different departments like finance, business development, quality assurance, supply chain, purchase.