How Risk and Risk Management is Evolving at Hydro One John R.S. Fraser Senior Vice President‚ Internal Audit & Chief Risk Officer Hydro One Networks Inc. For the Mearie Group Risk Management Conference June 24‚ 2011 Summary of Presentation 1. Hydro One Background (1 – 2) 2. ERM Concepts and Clarifications (3 - 5) 3. Policy and Framework (6) 4. Risk Criteria (Tolerances) (7 – 10) 5. Corporate Risk Profile (11 – 15) 6. Risk Workshops (16 – 21) 7. Business Planning (22 – 25) 8. Conclusion
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nothing but the echoes of these obscure men‚ yet are still entranced by these illogical sounds and images. Plato’s Cave illustrates how people solely base their perception of the world on their experiences of physical objects‚ and by doing so‚ they limit themselves to the confined notions prescribed by their fear of change. The purpose of this essay is to prove how and why the stubborn ignorance present in Plato’s Allegory of the Cave can still be found in many aspects of today’s mass media‚ including
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I do not think affirmative action is appropriate for the United States today. Affirmative action had an important role back in the 1960’s‚ in the midst of the civil rights era. It was intended to promote equal opportunities to work and to education for minority groups (at that time African Americans). That was almost sixty years ago. Our culture has evolved since then‚ with each passing generation‚ racism and prejudice dies a little more. As a nation‚ we will continue to evolve‚ and the challenges
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slavery to wars‚ and brutal abuse‚ the people of this era overcame the strongest battles. Being born into slavery because the lack of education and wealth‚ African Americans had no choice but to work for the wealthy whites. They weren’t allowed to learn how to read or write. In 1954 the Brown vs. Board of Education law was passed that ended legal racial segregation. This allowed African American children to be able to attend schools with the
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functioning. These are matters for which the individual is certainly the best source of information. Second‚ self-rated health can be used as a screening tool to identify high-risk groups and risk factors; poor self-rated health is consistently associated with low socioeconomic status and high levels of other illness risk factors in both national and international studies. Third‚ self-rated health can be used as an outcome in the evaluation of medical interventions as an important addition to the
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TRADING STOCKS Stock trading has become one of the most popular and efficient ways to make money since it is easy to access and it could bring a lot of money back to investors. With some extra money‚ anyone can purchase stocks from a company or corporation and make profit. A stock is basically a type of security that signifies ownership in a corporation and represents a claim on part of the corporation’s assets and earnings. There are two main types of stock: common and preferred. Common stock usually
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PREFERRED STOCK VERSUS COMMON STOCK The primary advantage to an investor of holding preferred stock compared with common stock is that the preferred stock return is somewhat more predictable (more certain). The issuing company will generally make a real effort to try to avoid defaulting on the preferred stock dividend. Since the return to preferred stock is reasonably well defined and since the preferred stockholders precede the common stockholders (the preferred dividends are paid before the
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securities are stocks and bonds. Though they have some similarities to each other‚ they differ greatly in many aspects. Broadly speaking‚ both financial instruments enable one to invest in corporations‚ public and/or private‚ with possible profitable returns in the future. Stocks (or shares)‚ by definition‚ are shares of ownership in a company. By purchasing stocks in a company‚ the investor becomes a part owner‚ and thereby owns a percentage share of the company’s after tax profits. Stocks/shares have
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There is some truth to the statement "what gets measured gets done" with respect to the work environment‚ discuss. I believe the maxim “what gets measured gets done” (accredited to among others‚ Peter Drucker in his 1954 book ’The Practice of Management’) does hold a semblance of truth when associated within the business world. However‚ I would argue that the sentence in itself is incomplete. Between the ‘measuring’ and ‘getting done’‚ mangers need to insert both critical analysis of the measurements
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The theories of Sigmund Freud were advanced and are very important to modern society. This physician and neurologist are often measured as having one of the greatest inspired minds. Throughout his entire childhood Freud had been planning a career in law. Not long before he entered the University of Vienna in 1873 Freud decided to become a medical student. He was drawn to a study of science and he wanted to solve problems facing the scientists of his day. His intent was not to be a conventional doctor
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