In essence, whenever I have an assignment, I look at a blank paper with the topic at hand and consider the fact that answers are in my brain. One would realize that most of the ideas will start flowing after understanding the concept of what to write about. I usually achieve this by writing out the assignments outline. Cottrell states "it's essential to take time making sure you understand what is required." (Cottrell 2013 p.284).
Consequently, in case I am given the topic of study to be financial risk management, many ideas come to my mind. Some questions emerge, for instance, how does the financial risk conform to organizational management? What are some of the approaches to financial risk? Cottrell state that, "refine your plan. Work out the order to introduce each point," according to which I will ensure that my points are articulated (Cottrell 2013 p. 282). All these questions are keenly developed and answered in the process of writing this assignment.
The first step is to describe how financial risk conforms to organizational management. For example, in balance sheet management, financing risk plays a vital role in various aspects of liabilities and assets. Due to the persistent financial crisis, many organizations have learned to incorporate financial risk aspects in their balance sheet to get a more holistic view of their balance sheets.
It is worth noting that when you check at the development stage of this above paragraph, you can see how it starts by an illustration of the topic and how it relates to the rest of the question and provides an argument. Cottrell states that "make sure your argument is clear to readers.", which referred to as analyzing and brainstorming (Cottrell 2013 p.283).
The second step is defining the approaches involved in managing financial risk. The methods, which are vital in Asset and liability management (ALM), are well defined and include regulatory compliance, operational digitization, consumer experience, and operational efficiencies.
Note that the paragraph above is brief and concise. However, when writing every component will be briefly discussed to give flow for the essay.
The third step is discussing Regulatory compliance. Regulatory compliance entirely depends on the volume and pace of change, which is anticipated to continue for a given period. The banking systems often find themselves having to comply with various regulations that are imposed to regulate both their internal and external operational environment and data repositories. Operational digitization, on the other hand, arises from a combination of natural growth (Cottrell 2013 p.283). This technique has helped to create an internal environment comprised of multiple established and maintained technology and data management repositories with little or no connectivity between them.
The topic is well-developed and has answered the better part of the question because the discussion is directed towards a particular goal. We have to notice that the issue must have its sources of information that you would love to explain. During the planning stage, we outlined some of the questions that were to be answered. This involved sketching the work and having the final piece of the assignment done (Cottrell 2013, p.283). This phase helps to identify what the thesis is and what the body of the assignment is and how they should be.
Finally, it is worth noting that in conclusion, all these subtopics refer to the one thesis written at the beginning. One can at least try to understand the depth of what the question requires. Cottrell states that "Link your final sentence to the question contained in the title." (Cottrell 2013 p.284). Delving into answering the question means that one understands the idea of the assignment.
References
Cottrell, S., 2013. The study skills handbook (4th ed.). Basingstoke, UK: Pagrave Macmillan.
