But until recently, the ERM process at Xcel was a bit of a hodgepodge. Roughly 30 major departments at the company generated risk reports, which were consolidated into a dozen reports seen by Xcel's ERM steering committee. The committee would study those reports, which had differing formats and approaches to quantifying risk, before summarising their key points for Xcel's board of directors, to help them understand what sort of things they should be worried about.
From the moment it was born late, HeathCare.gov desperately needed life support. It was practically DOA.
In the United States, a whopping 543,000 new businesses are launched each month. Sadly, half of all start-ups aren’t able to keep their doors open for more than five years. The failure of many small businesses is due, in large part, to lack of funding.