MK7056 Responsible International Business and Strategic Risk Management Individual Assessment Brief 2025/26 | UOL

MK7056 Responsible International Business and Strategic Risk Management

Assessment Type:  Individual Assessment 
Weighting: 70%
Deadline: 9th December, 2025 at 15:00 via Turnitin on Blackboard 
Word count:  3,000 words (+/-10%) excluding references, appendices, charts, diagrams, etc. 
Penalty There will be a penalty of a deduction of 10% of the total marks available for this assessment for work exceeding the word limit. Assessments which are significantly below the word count are unlikely to answer the assignment criteria fully.
Academic Year: 2025/26 

Assignment Brief

Individual Assessment

You are working as a strategic risk management analyst for a multinational business operating in a sector of your choice. Your CEO has requested an urgent but insightful Strategic Risk Management Intelligence Report addressing the key benefits and risks presented by incorporating Artificial Intelligence (AI) to the organisation’s international operations. The Report also needs to specify what recommended actions should be taken by your organisation aligned with the goals of responsible business and long-term sustainability. You will use AI tools together with relevant academic and policy literature to complete this assignment.

To complete this task, you will:

• Identify and assess the key business risks and benefits of using AI in line with the ISO31000 Risk Management Approach 
• Apply conceptual and practical insights from academic literature in strategic risk management, stakeholder theory, corporate social responsibility and business ethics.
• Use AI tools responsibly to support your retrieval, scanning and synthesis of risk information, along with the drafting and editing of text contained in your Report.
• Reflect critically on the use, benefits and limitations of employing AI for producing a Strategic Risk Management Intelligence Report. 

Part A: Strategic Risk Management Intelligence Report

• Executive Summary (~200 words)

The executive summary should succinctly cover the key risks and benefits of AI adoption, as well as the strategic recommendations for responsible AI implementation within the organisation.

• Risk Identification and Assessment (~1000 words)

Identify and assess both the key business risks and benefits of using AI in the context of your business, considering the vulnerability of your key business assets and the threats faced, illustrated with real-world examples. (600 words)

Assess the seriousness of two risks of using AI to your business operations using a visual risk matrix and discuss your confidence in these ratings in view of any associated uncertainties.

• Responsible Risk Communication and Governance (~1000 words)

Produce a strategic risk communication plan for one of your AI risks, incorporating considerations from risk perception and communication models and best practices, corporate social responsibility, stakeholder relations, risk governance, sustainability and ethics. The plan should include: 

• A description of the risk issue; 
• Specified goal(s) of risk communication; 
• Relevant stakeholders/affected communities; 
• Communication/engagement method; 
• Key messages and associated visuals; 
• Evaluation of communication effectiveness

Recommendations with strong conclusion (~300 words)

Based on the risks and vulnerabilities highlighted in the "Risk Identification and Assessment" and "Responsible Risk Communication and Governance" sections, make a few recommendations that has practical implications for your business. 

Aim to use strong, clear and professional language when recommending. For instance, it is recommended that ...; The organisation should consider ...; To effectively manage AI risk, it is essential that the organisation should consider... etc. 

Lastly, conclude this section with a call to action. For instance, use professional language such as: These recommendations, if implemented, are expected to enhance the organisation's ability to manage AI-related risks...etc. 

Part B: AI Process Log and Reflection (~500 words)

Reflect on the tools you used and how they supported both your risk identification and the evaluation of AI’s benefits for your organisation’s strategy.

• Which AI tools you used and how they supported your work.
• How you evaluated the credibility and usefulness of AI-generated content.
• What challenges you encountered and how you mitigated bias or error.
• Your overall reflection on the role of AI in developing a Strategic Risk Management Intelligence Briefing.

Transferable Skills

Transferable skills are skills that are developed in one scenario and can be transferred to another, such as communication, teamwork or analytical skills.
The main transferable skill covered in this assessment is Researching and Analysing
The following skills are also covered in this assignment

Communicating ☐
Team working ☐
Leadership & Supervising ☐
Researching & Analysing ☒
Problem solving & Decision making ☒
Planning & Organising ☒
Learning, Improving & Achieving ☒
Resilience, Adaptability & Drive ☒
Enterprising Skills☒

Generative Artificial Intelligence 

Generative Artificial Intelligence (AI) tools have the capacity to support students in enhancing their own learning but should not be used to replace the learning, knowledge and understanding required to meet the learning outcomes of the module.

The use of Generative AI is permitted within this assessment

This assessment has been designed to test your ability to complete an authentic assessment where AI is used to generate the submission. In this assessment students will be assessed on the prompts issued to the generative AI tool and subsequent critique of the produced material as to its accuracy and/or suitability against the set brief.

Further Guidance

You MUST read the essential and further readings for these lectures. The reading list can be found at: readinglist@leicester.ac.uk 

Suggested Essay Structure

Using the suggested headings, develop a strategic risk management intelligence report, integrating insights from both academic literature and AI tools. 

Part A: Strategic Risk Intelligence (2500 Words)

• Executive Summary (200 Words)
• Risk Identification and Assessment (1000 Words)
• Responsible Risk Communication and Governance (1000 Words)
• Recommendations with Strong Conclusion (300 Words)

Part B: AI Process Log and Reflection (500 Words)

• Which AI tools you used and how they supported your work.
• How you evaluated the credibility and usefulness of AI-generated content.
• What challenges you encountered and how you mitigated bias or error.
  Your overall reflection on the role of AI in supporting responsible business strategy and risk thinking.

Part C: References (Not included in the word count)

• Use the School of Business Harvard Reference Guideline to present your in-text citations and references.

Use of appendices

You are advised to be cautious when including appendices in this assignment. There are no specific criteria for marking or mark allocation available for appendices, so the assessment process focuses on the appropriate use of appendices. When deciding whether or not to include other appendices, consider the following points:

• Appendices should add value or detail to the discussion and analysis undertaken in the main body of the assignment.
• They offer students the opportunity to give greater relevant and appropriate detail to support the main analysis and discussion. 
• Models, theory and discussion that demonstrate critical evaluation and analysis of issues related to the module being assessed should always be presented within the main body of the text. This discussion should make sense without referring to the appendices. 
• Using bullet points in the text (which does not constitute analysis) and putting the detailed analysis in the appendices is not acceptable practice and could result in failure.
• The inclusion of appendices should not be viewed as an opportunity to include anything that cannot fit in the word count.
• Assignments that make excessive use of appendices suggest inappropriate use. As a guide, we would not normally expect appendices to exceed one third of the length of the assignment.
• Appendices should always be referenced at the appropriate point within the discussion in the main body of the text.

MK7056 Individual Assessment Marking criteria

This assignment will be step marked/ assessed based on the following criteria: