How does the below relate to fast food chains like harveys?

Planning Phase Identify intended benefits of the ERM initiative. Plan the scope of the ERM initiative. Establish the RM strategy, framework and the roles and responsibilities.

Implementing Phase Adopt suitable risk assessment tools and an agreed risk classification system. Undertake risk assessments. (risk register and heat maps) Determine risk appetite and risk tolerance levels and evaluate the existing controls. Analysis

Measuring & Planning Phase Evaluate effectiveness of existing controls and introduce improvements. Embed risk-aware culture and align RM with other activities in the organization. Risk treatments, recommendations,

Learning Phase Monitor and review risk performance indicators to measure ERM contribution. Report risk performance in line with obligations and monitor improvement. Thresholds, escalation protocols