1)Provided in the lecture I briefly discussed how for-profit and not for-profit institutions are similar, adding to the content in the chapter. List how ERM adoption and implementation in the higher education environment differ from the for-profit environment? Provide three examples of how ERM adoption and implementation may differ in the two environments. Be descriptive and throughly justify your rational.
2)Chapter 6 presented the approach the LEGO Group used to implement ERM, and chapter 9 presented a discussion and case study on implementing ERM in a higher education environment. Please explain how ERM adoption and implementation in the higher education (HE) environment differs from the for-profit environment. Cite specific examples from this week’s readings.