Governance, Ethics and Sustainability

Running head: GOVERNANCE, ETHICS AND SUSTAINABILITY
Governance, Ethics and Sustainability
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1GOVERNANCE, ETHICS AND SUSTAINABILITY
Executive Summery
The report aims to gather insight into the aspects of Risk assessment and Exposure of
organizations. This case study of Property Millionaire is taken as a basis of the study. The
risks that threat the organization and the possible reasons behind them needs evaluation to
understand the organizational condition during risk situations. The Risk Exposure Calculator
is used to score the organization in each aspect that pose risk. It is seen through the report that
sudden growth and expansion, organizational culture and communication channel are the
most impactful factor when it comes to risk management. The organization, Property
Millionaire faces risk in many aspects and thus has high risk factors in individual aspects.
The report concludes that the company, Property Millionaire comes in the High Risk
Category and needs to deploy plan and strategies to mitigate the risks and impending disaster.

2GOVERNANCE, ETHICS AND SUSTAINABILITY
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Property Millionaire...............................................................................................................3
The risks that Property Millionaire face.................................................................................4
Risks points due to growth.................................................................................................4
Risks points due to culture.................................................................................................6
Pressure Points Due to Information Management.............................................................8
Results of the assessment.......................................................................................................9
Conclusion................................................................................................................................10
References................................................................................................................................11
Appendix..................................................................................................................................13

3GOVERNANCE, ETHICS AND SUSTAINABILITY
Introduction
Risk management is a process through which organizations identify the possible risks,
assess the impact that they will have on the organization and mitigate those risks in order to
ensure a secure future for the organization (Bromiley et al. 2015). In most cases, when a
company starts, it is seen that the executives are attentive towards measuring the risks and
keeps risk mitigation strategies ready. Later, when the company sees growth, they overlook
the risk related issues thinking that the present smooth running of the company will last
forever. It is during this time that the greatest of the risks appear in the organization (Gatzert
and Martin 2015). The leaders and managers are responsible for the identification, assessment
and create plans in order to manage risks that threaten an organization. They are also have the
responsibility to monitor and modify the risk management process that has been introduced.
Risk assessment is done using a tool, “Risk Exposure Calculator” that has become popular
recently (Simons, R. 1999). This tool was introduced by Robert Simons in an article in
Harvard Business Review. It facilitates the calculation of risk that they might face. In this
report, the situation of Property Millionaires has been chosen to analyze the possible risks.
The risk aspect related to the company has been evaluated and scored on the Risk Exposure
Calculator. The impact of the aggregate score and findings has been discussed in the report as
well.
Discussion
Property Millionaire
Property Millionaire is a real estate investment consultant. They provide seminars and
mentoring to common people. They run on the belief that given the correct mindset, learning
and mentoring, anyone can be successful property millionaire. The owner of the organization