Consider the three stages of Hydro Ones enterprise risk management (ERM) process: Workshops; Risk-based Asset Planning; the Regular Update of the Corporate Risk Profile. What are the strengths and weaknesses of this ERM process?
1. What is Hydro Ones strategy and what risks does the company face?2. Consider the three stages of Hydro Ones enterprise risk management (ERM) process: Workshops; Risk-based Asset Planning; the Regular Update of the Corporate Risk Profile. What are the strengths and weaknesses of this ERM process? 3. Should private-sector companies embrace ERM in a way similar to Hydro Ones approach? What are the contingencies of this process?4. What recommendations would you make to CEO Laura Formusa about the ERM process? 5. To learn about Hydro Ones business, watch the video segments in Chapters 12. How would you describe Hydro Ones strategy? What type of risks and uncertainties does Hydro One face? 6. The video segments in Chapters 35 illustrate the three stages of Hydro Ones enterprise risk management (ERM) process: Workshops (Ch 3); Risk-based Asset Planning (Ch 4); the Regular Update of the Corporate Risk Profile (Ch5). What are the strengths and weaknesses of the ERM process? 7. What recommendations would you make to CEO Laura Formusa about the ERM process?
