Benson & Hurtz (B&H) is a large mid-western company that ships widgets domestically and internationally. As such, the company uses various shipping methods to get all goods to vendors. Due to various issues in the shipping industry due to COVID, Benson & Hurtz is concerned about financial impact on its operations.

For years the were not as a professional and dependable provider of world class widgets. B& H lost dependable employees due to retirement and long-term illness. B&H needs to ramp up hiring to remain one of the most respected leaders in the widget industry. B&H has remained in the headlines due to younger employees demanding safer working conditions.

Recently, they experienced a flood at their main distribution center. B&H does not know what path to take next.

You are a Chief Risk Officer for Benson & Hurtz. This is your first month in this role. The last Chief Risk Officer retired and left a bunch of notes from several conference but did not an Enterprise Risk Management Portfolio.

You are tasked with identifying all risks associated with Benson & Hurtz and coming up with an Enterprise Risk Management Process.

1) What methods would you use to identify the risks at Benson & Hurtz?

2) Identify the proper units that you would contact first.

3) short list of questions that you would ask each unit.

4) List the questions that you would ask the Benson & Hurtz Senior Leadership.