Category: Risk Management

Two pages to answer two questions.
First page title it and answer Discussion Question # 1: Discuss on the extent to which mission statements drive decision making ?
2nd PAge answer and title it this Discussion Question # 2: Discuss the effects that discontinuing needed services, such as labor and delivery, would have on the community and the hospital’s organizational climate.
Use the case study attached as only source

Rising from the Ashes: A Case Study on Fire Insurance and Resilience for Hawaiian Electric Industries during Maui Wildfires.
Abstract:
This case delves into the challenges faced by Hawaiian Electric Industries (HEI), a critical energy provider in Hawaii, amidst the Maui wildfires of 2023. The study explores how HEI strategically approached fire insurance and implemented robust risk management measures to minimize financial losses, protect crucial infrastructure, and ensure the continuous supply of electricity during a natural disaster.
Introduction:
Hawaiian Electric Industries, encompassing Hawaiian Electric Company, Maui Electric Company, and Hawaii Electric Light Company, found itself at the forefront of challenges during the Maui wildfires of 2023. This case study aims to shed light on HEI’s resilience and preparedness, emphasizing the strategic role of fire insurance and risk management in safeguarding essential infrastructure
Objectives:
Examine the impact of the Maui wildfires on Hawaiian Electric Industries’ power generation and distribution assets.
Analyze the specific components of HEI’s fire insurance policy designed to mitigate financial losses and protect infrastructure.
Explore the risk management measures implemented by HEI to ensure the continuous and reliable supply of electricity.
Evaluate the effectiveness of HEI’s response in terms of financial stability and community support during the wildfire crisis.Outcomes:Through the lens of Hawaiian Electric Industries’ experience, this case study aims to provide insights into the critical role of fire insurance and proactive risk management in ensuring resilience for essential infrastructure providers during natural disasters. HEI’s ability to rise from the ashes serves as a valuable
example for utility companies facing similar challenges, showcasing the importance of preparedness and strategic decision-making in times of crisis.
Requirements:
Prepare a presentation addressing the objectives of the case study. Note: ( Students should provide audience with background information regarding the event of Maui Wildfires- time line, causes, and impacts on society and economy),

Please refer to the syllabus for expectations (rubric) about the discussion forum. Post your discussion first, then after reviewing the posts of others, post at least 2 responses. All responses should be in good form and tailored to a professional-level audience. For ERM to be successful, it is important to have a healthy risk culture and support of senior leadership and the board. The CEO’s role in risk management and having the right “tone at the top” is the foundation for an effective ERM program. The CEO is crucial to any organization, so when the position changes, this may lead to disruption in the organization’s culture as well as impacting strategic initiatives. There have been several CEO changes in public companies over the past few years for various reasons. Culture is unique to each organization; and risk management practices follow a similar trend, one size fits one, even for those in the same industry. Consider these three well-known public companies. Each had, or will be having, a change in its CEO in the near term. Each company has a unique culture and has been dealing with various business and strategic challenges over the past few years. Here are some starting points to give you a perspective. (WSJ Articles are posted in the Discussion Forum on Moodle below this forum)
·Berkshire Hathaway (BRK-A, BRK-B) – Since 1965, Berkshire Hathaway has been overseen by Warren Buffett as chairman and CEO and from 1978-2023 by Charlie Munger as vice chairman. Charlie Munger passed away on November 28, 2023 at 99. More information about Warren Buffett’s background can be found on the CNBC.com Archive. The two of them have been instrumental in shaping the company and guiding its success. Also review the article posted from the WSJ “Berkshire Hathaway’s Board Is Old. Not all Investors Are Happy About That.”
Gucci (Kering, Parent Company, KER.PA) – Kering is a French-based luxury goods company that also owns brands such as Yves Saint Laurent and Balenciaga. Jean-Francois Palus was named CEO in July after being in the role for an interim period. One of Gucci’s strategic objectives is to reinvent the company “as a steadier, more dependable brand less vulnerable to shifts in the fashion cycle.” Review the article posted from the WSJ “New Gucci CEO Wants Older, Richer Customers.” Disney (DIS) – On November 20, 2022, Robert Iger returned to Disney as the CEO after his former successor, Bob Chapek, was ousted by the Board. He said he would address the business and strategic challenges of Disney as well as help the Board identify his successor. Mr. Iger will be CEO until 2026. There have been a series of articles as Mr. Iger works to cut costs, streamline the business and make Disney a more stable and valuable company for the future. Review the WSJ article “Disney Gets Iger’s Second Show on The Road” relating to streaming service (8/10/23).
Leveraging the above companies and their CEOs, compare and contrast the culture and/or “risk” culture at each company. In your discussion, specifically address the following:
1. What do you consider a strength about the culture of each company, and in particular the leadership style of the current CEO? Why?
2. What do you consider a weakness of the culture of each company, or something which may not have worked as well as planned? Also address the potential challenges for the current CEO. Why?
3. Our company focus for class is Warby Parker. From the videos and readings to date, what is one recommendation you would make to the Co-CEO’s as a take-away or lesson learned about the culture of the three companies?
4. From the Executive Perspectives on Top Risks for 2024 & 2034, the #2 risk for both years is “Ability to attract, develop and retain top talent, manage shifts in labor expectations, and address succession challenges may limit our ability to achieve operational targets.” This includes generational distinctions, navigating evolving labor expectations and demands and the constraints of a tightening talent/labor market.
Focusing on the succession aspect as it relates to the CEO and reflecting on what you discuss above and in your other research, what is one other recommendation you would make to the Co-CEO’s of Warby Parker to keep in mind for future succession planning for the co-CEO roles.
You should do some general research on each of these companies to provide you background to support your points. This may include recent articles, information about the companies’ news/press releases and/or any other relevant resource. Please just provide a link to the resource you used at the bottom of your discussion post. This doesn’t need to be a formal reference.

Lisa Sedlar, CEO and founder of Green Zebra was preparing for a $10 million raise from venture capital funders, to finance a West Coast expansion of her convenience store chain, Green Zebra Grocery. Lisa Sedlar describes Green Zebra’s market positioning is a “cross between a Whole Foods and a 7-11”. The mission of Green Zebra is “to make healthy, natural, and organic food accessible to all, particularly in dense urban neighborhoods where there are fewer fresh and organic grocery options.”
Urban convenience stores dedicated to food retailing was a growing trend among the incumbent operators such as Kwik Trip Inc., Quick-Trip Corp., and 7-Eleven. These firms were responding to competitive pressures in the urban convenience store market as Walgreens, Amazon, and discount retailers began to test various convenience store formats. Shortly after her press release announcing plans to expand the Green Zebra chain, Amazon announced a 3,000-store national expansion of Amazon-Go.
Sedlar needs evidence that would validate her current value proposition, or she needs to make the decision to revise her customer value proposition, and demonstrate that Green Zebra offers a differentiated advantage in the convenience store market. Sedlar could not conduct a full-scale customer survey to validate her current customer value proposition, so she used social media content (online product reviews, Instagram photos, or blog posts) as the source of data to develop customer insights.

Essay on – Walking-Working Surfaces Standard (29 CFR 1910, Subpart D): Enhancing Workplace Safety with 2 in text citations
Discuss the purpose of the standard, who it affects, and who is excluded. What are the key elements of the standard? Select and summarize a letter of interpretation for the selected standard. List some commonly cited provisions of the standard. Explain ways the selected standard can fit into a safety and health management program. Summarize enforcement procedures for the standard. Create a fictional workplace scenario, and apply the standard. Be creative. Describe a situation in a workplace, and then explain how the standard relates to it and why the standard is important in the situation.

The Program Student Outcome (PSO) “identify an occupational safety and health research problem; complete a thorough review of the scholarly literature; formulate and test hypotheses or research questions; collect and appropriately analyze qualitative or quantitative data; and interpret and report research findings using scientific judgement to improve the field of occupational safety and health or to provide solutions to an occupational safety and health problem.”
I have attached my annotated bib, instructions for the draft proposal, a draft, and the template. Please let me know if you have any questions. I will most likely try and work with you for the lit review and final paper.
For how the research will be conducted please, no surveys, interviews, or anything that involves using humans.

It is a paper on the compliance function and roles. attached is the assignment instructions and the essay questions.
Please ensure no plagiarism as the paper will be checked through “turnitin”
Please also use footnotes for referencing. You can reference from any reliable source and I have also attached additional resources that you can use and reference as well.

Section I: Practice Problems (Show your work including hand-drawn CDF)
1. Suppose that each of the two investments has a 0.9% chance of a loss of $10 million, a
99.1% of a loss of $1 million, and 0% chance of a profit. The investments are
independent of each other.
a. What is the VaR for one of the investments when the confidence level is 99%?
b. What is the expected shortfall for one of the investments when the confidence
level is 99%?
c. What is the VaR for a portfolio consisting of the two investments when the
confidence level is 99%?
d. What is the expected shortfall for a portfolio consisting of the two investments
when the confidence level is 99%?
e. Show that in this example VaR does not satisfy the subadditivity condition
whereas expected shortfall does.
2. Suppose that the change in the value of a portfolio over a one-day time period is normal
and iid with a mean of zero and a standard deviation of $2 million. Compute the
following (In this case, you can still use the formula, $VaR=Z*Standard Deviation):
a. One-day $VaR with 97.5% confidence level
b. Five-day $VaR with 97.5% confidence level
c. Five-day $VaR with 99% confidence level
3. What difference does it make to your answer to Problem 2 if there is first-order daily
positive autocorrelation (persistence) with correlation parameter equal to 0.16? Compute
the following again with correlation parameter equal to 0.16:
a. One-day $VaR with 97.5% confidence level
b. Five-day $VaR with 97.5% confidence level
c. Five-day $VaR with 99% confidence level

For this assignment, select a company/organization of any type (for profit, non-profit) and complete the following using screenshots, images or diagram of sample products, processes, etc. to illustrate and address the items below (you may also consult YouTube.com as a source) This is not a research paper; however provide your source(s):
What are ethics and why are they important to the company selected?
What is the relationship between information management, governance, and compliance?
Why are epolicies important to your company?
What is the correlation between privacy and confidentiality?
What is the relationship between adware and spyware?
What are the positive and negative effects associated with monitoring employees at your company?
What is the relationship between hackers and viruses?
Why is security a business issue, not just a technology issue at your company?
What are the growing issues related to employee communication methods and what can your company do to protect itself?
How can your company participating in ebusiness keep its information secure?
What technologies can your company use to safeguard information?
Why is ediscovery important to your company?
What are the reasons why your company would experiences downtime?
What are the costs associated with downtime?

Consider some of the examples you have brought up in earlier discussion forums about applying models to real-world problems. Choose one of the models covered earlier in the course and describe the key differences in solving a problem with that model versus with a simulation model. In your opinion, which is more effective? How does the problem at hand determine which type of model to use?
Submitted on:
Nov 23, 2023, 8:44 AM
VIEW DQ RESPONSEJM
Justin MitchellNov 23, 2023, 9:03 AM
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Good Morning,
In earlier discussions I have brought up different models for different real world problems.
To examine the relationship between a dependent variable and one or more independent variables, linear regression models are frequently utilized. They demand that the data be regularly distributed and presuppose a linear relationship between the dependent and independent variables. However, simulation models, which frequently have numerous variables and intricate interactions, are made to mimic the behavior of a system that actually exists in the real world. The decision between simulation models and linear regression in terms of effectiveness is based on the type of issue that needs to be resolved. When the dependent and independent variables have a distinct relationship to one another and the model’s presumptions are true, linear regression models might be helpful. When an issue is more complicated and the interactions between variables are unclear or impossible to model using conventional statistical techniques, simulation models are a better option. For instance, assuming the data is normally distributed and that there is a linear relationship between house size and price, a linear regression model would be the best option if we were to forecast the price of a house based on its size and location. However, a simulation model would be more appropriate if we wanted to model the spread of a disease in a population because there are numerous variables that can affect the spread of the disease and it is challenging to model these interactions using conventional statistical methods..
REPLY
BS