HOTO 7007 - Corporate Risk Governance - Mitigation Strategies - Risk Management Assignment Help

Assignment Task : 

In the context of your group work company, you are asked by the Board of Directors to take ownership of one major risk related with any one or more components of the UN Global Compact (i.e. human rights, labour rights, environment and anti-corruption), and compile a detailed report in order to show the Board how you plan to deal with this risk in the most appropriate manner.

Specifically, this report should address the following aspects:

1. ABOUT THE RISK

•  Identify and define one major risk - you must demonstrate and understanding of the risk (using relevant academic/practitioner literature)
•   and explain how this risk relates to the UN Global Compact.

2. RELEVENCE OF THE RISK TO INDUSTRY AND COMPANY

• Explain why this risk is relevant to the hospitality and tourism industry; and why the risk is particularly relevant for your company, taking into consideration of the perspectives of your company’s key stakeholders.

3. RISK TREATMENT STRATEGIES

• Using the ‘3 lines of defense’ framework, you need to propose a set of detailed and pertinent risk treatment strategies for all levels of the organisation to deal with this risk.

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