Edmonton is a capital on the north of Saskatchewan River and it is the central point of EdmontonMetropolitan region. It is thus the capital state and the headquarters of Alberta’s Canadian Province.The ERM program manager of Edmonton Ken Baker once said that his only view on one’s taking up arisk is that the potentiality of a reward is more than the hazard. The city therefore in 2012-2013outlined a number of measures it could use in implementing the Enterprise Risk Management for thecapital’s risk focus.Edmonton’s first steps for implementing the ERM did not bear any success although someimprovements started showing when the city developed a new and better strategic plan in2008 which was called “The Way Ahead”. In the implementation of its ERM, five questionscame up;1.What is the strategic vision and goals?2.What are the key strategies for achievement of the goals?3.What are the key objectives to the strategy?4.What will be the key measures for the strategy objectives?
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- Fall '19
- Management, Enterprise risk management