Question: Entropic Communications, Inc. Case Summary: The case shows the process of implementing a formal enterprise risk management (ERM) process. ERM is a developing management practice.
Entropic Communications, Inc.
Case Summary:
The case shows the process of implementing a formal enterprise risk management (ERM) process. ERM is a developing management practice. Perhaps no company can be said to have developed an ERM process that cannot be improved. Entropic's ERM stage of development is early. The case provides students with an understanding of the steps needed and the challenges faced in implementing such a process. The case also questions whether the benefits of an ERM process are worth the costs.
Case Questions:
- Do you think the company realized the benefits of ERM as envisioned by COSO? Why or why not?
- What changes would you suggest for making the ERM process at Entropic more effective?
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