Response 1: Nv K I indeed concur with your post that Edmonton had a very great method for ERM implementation with an approach stipulating goals that ought to be accomplished. I agree with your post that for the implementation to work best, the city’s plan had to be re- established. Starting from 2003, Edmonton adopted an ERM system. Together with a corporate business risk planning but in 2005, it was realized that Edmonton was not ready for the implementation. In seeing this I agree with you that Edmonton had to come up with long term vision and goals to drive their strategic plan. I can see you have posted that you can implement a strategy like that of Edmontom but you say that for future you would recommend for more improvements on the same. Response 2: R T G I agree with your post that Edmonton embraced the right approach to ERM implementation since it was able to integrate this approach to its strategic plan for success. Indeed, Edmonton
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- Fall '19