McKinsey Working Papers on Risk‚ Number 43 Getting to ERM A road map for banks and other financial institutions Rob McNish Andreas Schlosser Francesco Selandari Uwe Stegemann Joyce Vorholt March 2013 © Copyright 2013 McKinsey & Company Contents Getting to ERM: A road map for banks and other financial institutions Introduction 1 ERM framework and industry insights 4 The ERM framework: Thinking about ERM holistically 4 ERM industry insights 4 How to run an ERM diagnostic in banks and
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Anthropology as a Western Discipline Ambrose Bierce‚ the esteemed American satirist of the early 1900’s‚ defined in his Devil’s Dictionary the word “Aboriginies” as “n. Persons of little worth found cumbering the soil of a newly discovered country. They soon cease to cumber; they fertilize” (1). The overtly “western” view aptly captured by Bierce in his description exemplifies the field of anthropology and the methods it employed for quite some time—starting from the period of Antiquity until
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Getting Ready in the Morning For most people‚ waking up in the morning is a drag. As you get out of bed‚ you start to think of your responsibilities. how to cure the hangover from the night before‚ or just how you can forget the regrettable things that you said to your loved one. Most importantly‚ being prepared for the unknown of a new day. The only thing that you can do is‚ knowing what to do with your time‚ and managing it. First step‚ is knowing what "getting ready in the
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Getting your driver’s license is probably at the top of any sixteen year olds list‚ because everyone knows how important it is to them to be independent and it can be seen as the first real step in making that step from childhood to adulthood. However‚ getting your driver’s license isn’t just a real simple thing. It involves getting your permit first‚ taking a driver’s education class‚ and then of course the actual driving part. Knowing this information can ensure you that you are one step closer
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(“National Polls and Studies”). In Zachary Shemtob and David Lat’s “Executions Should be Televised” and David Bruck’s “The Death Penalty‚” the authors believe that American citizens should be against capital punishment because it not only takes rights guaranteed to us by our nation’s constitution away from those who must suffer the eternal punishment‚ but also away from the tax-paying and law-abiding citizens. When examining these essays together‚ readers can get a glimpse of how some of their rights
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PARTY DISCIPLINE IN THE CANADIAN HOUSE OF COMMONS Most democratic countries around the world today can fall under two main types of political systems: the parliamentary system and the presidential system. Even though many similarities exist among the two systems and they function well for their respective countries‚ they also have many differences‚ with the level of party discipline being one of the most important differences. In North America‚ with Canada having a parliamentary system and the United
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Positive child discipline would remedy many of the problems that mothers and fathers have with their children‚ if only they would give it a chance. And for that to happen‚ they must confess that what they are doing isn’t efficient anymore. Then they’ll be able to try something new. We’ll discuss this and much more‚ if you would care to join us. It seems that most parents go to too much to one side or the other‚ with regards to discipline for their young children. Some people are extremely‚ quite
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60% of the people love vanilla‚ while only 30% of the people prefer chocolate‚ with 10% left for strawberry. And why is that? It’s because vanilla is better‚ it goes with everything! For ice-cream‚ you always want to add things so it won’t be too plain‚ but unfortunately adding things to chocolate ice-cream will make it too sugary‚ making your chocolate loose it’s taste. However‚ with vanilla ice-cream‚ you can add anything you want‚ such as strawberry‚ blueberries‚ raspberries‚ and/or others! You
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“Getting along with folks” By: Steven Watson People go out their way to despise‚ judge‚ and put down other people because of their appearance. A person’s appearance is just about the only thing that makes us different. White‚ black‚ Asian‚ Latin‚ native/ aboriginal‚ etc.‚ it shouldn’t be that big of a deal to truly bother someone to do the terrible things that have been done. This is called racism. It has plagued our world and our minds since the beginning of time. Separated‚ not united. But
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Meaning “Discipline” comes from the Latin word”disciplina” which means instruction. In most general sense discipline refers to giving systematic instructions but in real life‚ discipline is the bridge between goals and accomplishment. Discipline directs work‚ making it fruitful and excellent Value of discipline Discipline is the first law of nature. The sun rises and brings the day. It sets and there is night and the moon and the stars are visible. Man is also a unit of nature so just
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