Hydro One Erm Case Study

Trevor levine erm basics frameworks thought leadership.

Hydro one erm case study. In contrast the corporations with erm can improve the tools and framework used to perform the functions of the critical risk management in a consistent manner. Enterprise risk management at hydro one 109 001 3 hydro ones power transmission capacity however remained stretched. Enterprise risk management at hydro one a case solution. An early adopter of enterprise risk management energy giant hydro one anticipated new threats and opportunities in an industry that faced climate change and carbon legislation the deregulation of electricity markets and the greater adoption of renewable technologies.

Enterprise risk management at hydro one case study. Enterprise risk management at hydro one a case study solution analysis in most courses studied at harvard business schools students are provided with a case study. Major hbr cases concerns on a whole industry a whole organization or some part of organization. Early adopter enterprise risk management energy giant hydro one expected new threats and opportunities in the industry who are faced with climate change and carbon legislation deregulation of electricity markets and greater adoption of renewable technologies.

Ceo laura formusa felt hydro ones risk profile had shifted to the extent that she had to ask herself was the strategy tenable. Employee safety issues uncertainty in government equipment failure environment issues. Case study erm at hydro one. Energy giant hydro one is looking into the possibility of new threats and opportunities which is common in its line of business which faces issues on climate change and carbon legislation and many more.

Strategic objective be the best transmission and distribution business in north america. Hydro ones ceo laura formusa is faced with the question of whether the companys strategy was tenable considering that it seems like hydro ones risk profile had shifted. They set up a complete and scientific erm system to get profit from financial liabilities and capital expenditure. Profitable or non profitable organizations.

There just are not enough case studies or success stories about erm. The erm implementation process has made use of a variety of tools and techniques including the delphi method risk trends risk maps risk tolerances risk profiles and risk rankings. In addition to this the corporations without erm need to involve the individuals so that they would report and manage the risk al across the operational business units. General director laura felt formusa hydro one in risk has shifted to the extent that she had to ask myself was a logical strategy.

Enterprise risk management at hydro one a case solution. Implement enterprise risk management by a risk based investment planning system 90 customer satisfaction. If i got together with all the other enterprise risk management practitioners and thought leaders and spend a day filling in an ishikawa diagram looking for root causes for why erm has not achieved rock star status or at the very least sox status we would be remiss if we did not identify. The companys credit rating increased and the operation of the company also.

Hydro one had plans to invest more than c600 million into the maintenance and growth of its asset base the largest expansion in 20. Hydro one has experienced significant changes in its industry and business after the implementation of erm in 5 years period. Index conclusion question 4 hydro one has achieved great success in using erm.