Discuss at least two benefits of incorporating Enterprise Risk Management (ERM) with strategy and strategy execution as discussed in the LEGO case.
Using information from the case, how does scenario analysis help the company to become better prepared for uncertainties?
The case study focuses on four steps. Explain each step and provide an example of each. The example can reflect information from the case or outside of the textbook.
Has the LEGO strategy worked? Use examples inside and outside of the textbook to answer this question.