Category Archives: Enterprise Risk Management

Case Studies on Enterprise Risk Management

A Case Study on Enterprise Risk Management: Allstate Inc.

In 2000, The Allstate Corporation started on an exciting and uncharted new course: to become an early insurance industry adopter of enterprise risk management (ERM). It has been a complex journey that has helped provide a deeper insight into the company’s underlying risk profile, enhanced the way Allstate manages risk in several significant ways and helped generate actions to better exploit risk opportunities.

The company’s initial effort began some years earlier at the direction of then-CFO, Tom Wilson, who established new capital allocation and valuation models for use in the finance function. Later, as Wilson moved into an operating role, John Carl joined Allstate as CFO and asked his staff what the company’s risk-adjusted returns were. A series of conversations resulted in a decision to explore developing a more quantitatively rigorous approach to measuring risk, similar to what was practiced in the oil and gas industry. Click here to read more…

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Case study on Symantec


Symantec, a major global software provider, has more than 12,000 enterprise customers around the world running its Enterprise Vault product in Microsoft® Exchange Server environments. For the Microsoft Exchange Server 2010 launch, Symantec worked on new and enhanced technology, including its
Enterprise Vault for Microsoft Exchange, to help customers migrate and manage their updated messaging platforms.

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Case Study on Risk Analysis

A Case Study in Successful Risk-Based Testing at CA Introduction This article presents a case study of a risk-based testing pilot project at CA, the world’s leading independent IT management software company. The development team chosen for this pilot is responsible for a widely-used mainframe software product called CA SYSVIEW® Performance Management, an intuitive tool for proactive management and real-time monitoring of z/OS environments. By analyzing a vast array of performance metrics, CA SYSVIEW can help organizations identify and resolve problems quickly.

Risk Analysis Case study

Companies are highly dependent on the reliability of their mainframe systems. If the mainframe doesn’t run, the company stops. Mainframe workloads also are growing considerably as companies’ businesses grow and as they continually seek to leverage data and applications in new ways. At the same time, these companies are losing their experienced mainframe workforce, largely to retirement. This makes the quality of their mainframe management. Click here to read more…

A Case Study in Succession issues at National Amusements: Sumner Redstone’s dilemma

In 2005 the media conglomerate Viacom was split into two companies; Viacom and CBS Corporation. Chairman & CEO, Sumner Redstone continued to serve as the Chairman of both the companies. The movie theatre company, National Amusements Inc. (NAI) controlled 71% of both Viacom and CBS. Sumner owned two-thirds voting shares of NAI and the rest was owned equally by Sumner’s daughter Shari Redstone and his son Brent Redstone.

The total value of NAI was $8 billion. In February 2006, Brent filed a lawsuit and accused Sumner, Shari and other NAI directors of ‘self-dealing and favoritism’ and urged that NAI be dissolved. Sumner had kept silent and made no comments on the suit but the suit had highlighted and made open the succession and corporate governance issues at NAI and Viacom. How NAI and Sumner would respond to the allegations was eagerly awaited by all. Click here to read more…

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Case Study in Protecting Critical Infrastructures: Risk and Crisis Management

Case Study about Protecting Critical Infrastructures: Risk and Crisis Management

Summary:- A management strategy to help drivers of basic foundations, i.e. associations and government powers, distinguish dangers, accomplish preventive measures and manage emergencies viably and effectively. Discriminating foundations are comprehended here as conglomerations and foundations of mid vitality for the nation and its individuals whose inadequacy or practical hindrance might expedite extreme supply bottlenecks, noteworthy interruption of open security or other sensational consequences.recent history has demonstrated that foundations can for sure be harmed and that interruption of discriminating courses of action can have extensive social and financial effects.

Introduction:- Infrastructures are a fundamental part of our quite improved social order. In our every day lives, we all depend on foundations and rely on upon their unrestricted availability.since 1997, the national government has concentrated on securing what are regarded as discriminating foundations keeping in mind the end goal to break down the necessity for supplemental defensive measures. Basic frameworks are grasped as “conglomerations and foundations of mid significance for the nation and its individuals whose disappointment or practical disability might accelerate intense supply bottlenecks, critical interruption of open security or other sensational results. Keep reading…

Case Studies on Compliance Risk Assessment

A Study about Compliance Risk Assessment

A critical control is a control that will prevent or detect an error in the event that all other controls fail. If there isn’t a critical control in the process you may need to test all the controls in your narrative. If the critical control encompasses the prior controls you will only need to test the critical control and not the individual control.

Refer to the Guidance Manual and/or Case Studies for an example of how to complete the narrative template. The narrative should be for the procedures in place at the end of the current fiscal year. If your College’s procedures are changing during the fiscal year, document the new procedures that will be in effect at the end of the current fiscal year, rather than the old procedures. Keep reading…

Five Critical Skills That Entrepreneurs Need: What Jerry Kaplan thinks!!

Kaplan talks about the five critical skills that entrepreneurs need:
1) Leadership: ability to build consensus in the face of uncertainty
2) Communication: ability to keep a clear and consistent message
3) Decision-making: knowing when to make a decision
4) Being a good team player: knowing when to trust and when to delegate
5) Ability to telescope: to focus in on the details and then move back to the bigger picture. Watch video…

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Case Study in Capital Project Risk Management on Europe Largest Construction Program with Active Risk Manager (ARM)

Case Study about Capital project risk management on Europe’s largest construction program with Active Risk Manager (ARM)

The Challenge: Crossrail is Europe’s largest infrastructure program with a budget of £14.5 billion (approx. $23b). When it opens in 2018-9, Crossrail will carry 200 million passengers each year, increasing London’s transport capacity by 10%. It has multiple, complex construction projects running concurrently across the whole route. At the same time as constructing eight new underground stations, which have to be connected to the existing London Underground and rail networks, and four overground spurs, Crossrail must minimize disruption to the existing transport system and the millions of commuters which use it each day.





Unlike some other major infrastructure initiatives, the Crossrail program involves many delivery partners including London Underground, Network Rail, Docklands Light Railway, Canary Wharf Group and Berkeley Homes. Each of the individual projects has its own mix of contractors and suppliers which must work seamlessly together to deliver each project element on-time, on-budget with minimal disruption. The nature of Crossrail means that the program has potential reputational impacts for both London and the UK.

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Case Stduy on Paddy Power: Risk Management

Case Stduy about Paddy Power: Risk Management

Background: Paddy Power is Ireland’s biggest and most successful bookmaker, operating both a retail and an online/telephone division. Formed back in 1988, Paddy Power rapidly became a shining light in the Irish and UK betting industry. Innovation has been the key to the success for the company, who from day one sought to be different from the chasing pack. The vision was simple: position betting as entertainment; make betting with Paddy Power a fun experience that meant a lot more than simply winning or losing money.





Challenges: The prevention of underage betting and identity fraud is a significant concern in the online gaming sector, and businesses are increasingly seeking ways to reduce this risk. Paddy Power required a company that could offer a bespoke international identification and verification product, backed by an excellent support service, including portfolio management. Paddy Power needed an intelligent system that could take the information received from players and process it, using Callcredit’s data, to give a confident verification decision on new player applications.

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Case Study on Leighton Contractors

Case Study about Leighton Contractors Making a Difference with ARM

Overview of Leighton Contractors: For over 55 years Leighton Contractors has provided services to governments, major corporations and other clients across Australia, delivering projects that create lasting value for future generations.





With capabilities spanning resources, construction, telecommunications, industrial engineering, energy, infrastructure and facility management, Leighton Contractors’ projects have included the construction of the $2 billion North-South Bypass Tunnel and the $1.4 billion Gateway Project in Brisbane. They also provide a range of mining services to BHP Billiton and Rio Tinto throughout Australia.

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