Posted: February 6th, 2021

4 pages on enterprise risk management at hydro one

From the PDF Write four pages report on the following questions …

1. What is Hydro One’s strategy and what risks does the company face?

2. Consider the three stages of Hydro One’s 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 One’s 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 One’s business, watch the video segments in Chapters 1–2. How would you describe Hydro One’s strategy? What type of risks and uncertainties does Hydro One face?
 6.  The video segments in Chapters 3–5 illustrate the three stages of Hydro One’s 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?

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