Outsourcing Strategy Risks
Outsourcing strategy is the process of determining whether or not to outsource and, if so, what
to outsource.
Outsourcing Selection Risks
Outsourcing selection is the process of finding and evaluating potential outsourcing partners.
Outsourcing Implementation Risks
Outsourcing implementation is where the relationship between outsourcing partners is defined
and established.
Outsourcing Management Risks
Outsourcing management is the monitoring and evolution of the ongoing relationship.
Future Trends in Outsourcing
The Supply Chain Consortium will examine more of the risks of outsourcing within specific
levels of the supply chain in the future. Already, the consortium has administered surveys to its
member companies on the outsourcing of transportation and distribution center (DC) operations.
Among the findings:
The use of service providers to perform operational functions presents various risks to financial
institutions. Some risks are inherent to the outsourced activity itself, whereas others are
introduced with the involvement of a service provider. If not managed effectively, the use of
service providers may expose financial institutions to risks that can result in regulatory action,
financial loss, litigation, and loss of reputation. Financial institutions should consider the
following risks before entering into and while managing outsourcing arrangements.
• Compliance risks arise when the services, products, or activities of a service provider fail to
comply with applicable U.S. laws and regulations.
• Concentration risks arise when outsourced services or products are provided by a limited
number of service providers or are concentrated in limited geographic locations.
• Reputational risks arise when actions or poor performance of a service provider causes the
public to form a negative opinion about a financial institution.
Country risks arise when a financial institution engages a foreign-based service provider,
exposing the institution to possible economic, social, and political conditions and events from the
country where the provider is located.
• Operational risks arise when a service provider exposes a financial institution to losses due to
inadequate or failed internal processes or systems or from external events and human error.
• Legal risks arise when a service provider exposes a financial institution to legal expenses and
possible lawsuits.
who should be held liable for any breaches that occur
The use of service providers does not relieve a financial institution\'s board of directors and
senior management of their responsibility to ensure that outsourced activities are conducted in a
safe-and-sound manner and in compliance with applicable laws and regulations. Policies
governing the use of service providers should be established and approved by the board of
directors, or an executive committee of the board. These policies should establish a service
provider risk management program that addresses risk a.
The Insurance Compliance Function - International Standards JasonSchupp1
The Insurance Compliance Function – Overview of International Standards
The attached provides a practical overview of IAIS Core Principle (ICP) #8 with respect to the duties, management, and oversight of an insurance company’s Compliance Function.
International Association of Insurance Supervisors (IAIS) Insurance Core Principles (ICP) #8 covers standards for Risk Management and Internal Control including standards for the insurance company’s compliance function. Specifically, ICP requires the insurer to maintain:
[A]n effective compliance function capable of assisting the insurer to i) meet its legal, regulatory and supervisory obligations and ii) promote and sustain a compliance culture, including through the monitoring of related internal policies.
The attached presentation details the application of ICP #8 to:
• The scope of the insurance compliance function;
• Management and board responsibilities with respect to the compliance function;
• Requirements for the head of the compliance function;
• Organization of the compliance function;
• The steps in the compliance system;
• Compliance training and awareness;
• The compliance function’s role in internal investigations; and
• Reporting by the compliance function to management and board.
The IAIS is an association of insurance supervisors and regulators from more than 200 jurisdictions. U.S. members of the IAIS are the National Association of Insurance Commissioners (NAIC), Federal Insurance Officefeder (FIO) and the Federal Reserve Board (FRB).
The IAIS serves as the international standard-setting body responsible for principles, standards and other supporting material for the supervision and regulation of the insurance sector. The ICP (recently combined with the Common Framework for the Supervision of Internationally Active Insurance Groups) is its most significant set of standards.
CBI’s other publications are available through:
www.betterins.org
https://jason-schupp.medium.com/
Feeling pressure to build revenues, many banks are turning to new products. It's up to boards and management to drive the risk mitigation planning process.
Goldman Sachs Investor Presentation Deck Oct 2007.pdfBryann Alexandros
1MDB is a Malaysian state fund that was established in 2009 to promote development in the country. However, it became the center of a corruption, bribery and money laundering scandal that involved the former prime minister Najib Razak and his associates. It is estimated that billions of dollars were embezzled from 1MDB and diverted to various accounts and assets around the world, including luxury real estate, art, jewelry, yachts and even a Hollywood movie. The scandal sparked investigations in several countries, including Malaysia, the US, Singapore, Switzerland and Australia. Najib Razak was found guilty of abuse of power and money laundering in 2020 and sentenced to 12 years in prison, but he is appealing the verdict. Several other individuals and entities have also been charged or fined in relation to the 1MDB scandal, including Goldman Sachs, which agreed to pay $3 billion to settle the case. Goldman Sachs was a key player in the 1MDB scandal, as it helped the fund raise $6.5 billion through three bond offerings in 2012 and 2013.
A robust risk assessment process is central to maintaining a strong Anti-Money Laundering (AML) compliance program. In this new Accenture presentation we explore how financial services firms can set-up an effective process. Visit our fraud and financial crime blog post for more on AML risk assessment program: http://bit.ly/2aPlQQ7
Don’t let the title fool you. Establishing a comprehensive AML Program may involve “Five Steps” – but the steps are giant. We’ll break them down, but each area is time-consuming and takes a focused mindset.
We don’t suggest holding someone new to the AML profession solely responsible for implementing an AML Programme. Senior Management needs to understand that there are significant financial and reputational risk exposures if you have an underdeveloped AML Programme. Seek the input of an experienced advisor rather than trying to build a programme alone if you don’t have the experience.
Taking the road to advanced approaches and heightened standards in risk manag...Grant Thornton LLP
Develop and execute a roadmap to meet rising regulatory and stakeholder expectations. Banks of all sizes are required to build sophisticated analytical risk management capabilities in compliance with Dodd-Frank and other legislation making a priority of optimizing the deployment of capital and infusing objectivity into its allocation.
Third Party Due Diligence - Know Your Third Party - EY IndiaErnst & Young
Third party due diligence, forensic data analytics and frequent compliance audits form the basis of a strong monitoring system. For more details, visit http://bit.ly/1RQuEGB.
An industrial approach to risk and control self-assessmentsGrant Thornton LLP
Derive more value from your risk and control self-assessment process, and integrate your organization’s overall operational risk management process to comply with Dodd Frank and other legislation. We specialize in working with clients to help identify, remediate and resolve assessment gaps so they efficiently meet or exceed regulatory requirements.
the carbon-carbon bond in alkene is a C=C double .pdfaparnaagenciestvm
the carbon-carbon bond in alkene is a C=C double bond, which is not saturate.
Alkenes are relatively stable compounds, but are more reactive than alkanes due to the presence
of a carbon-carbon pi-bond. It is also attributed to the presence of pi-electrons in the molecule.
The majority of the reactions of alkenes involve the rupture of this pi bond, forming new single
bonds.
Solution
the carbon-carbon bond in alkene is a C=C double bond, which is not saturate.
Alkenes are relatively stable compounds, but are more reactive than alkanes due to the presence
of a carbon-carbon pi-bond. It is also attributed to the presence of pi-electrons in the molecule.
The majority of the reactions of alkenes involve the rupture of this pi bond, forming new single
bonds..
More Related Content
Similar to Outsourcing Strategy Risks Outsourcing strategy is the process of .pdf
The Insurance Compliance Function - International Standards JasonSchupp1
The Insurance Compliance Function – Overview of International Standards
The attached provides a practical overview of IAIS Core Principle (ICP) #8 with respect to the duties, management, and oversight of an insurance company’s Compliance Function.
International Association of Insurance Supervisors (IAIS) Insurance Core Principles (ICP) #8 covers standards for Risk Management and Internal Control including standards for the insurance company’s compliance function. Specifically, ICP requires the insurer to maintain:
[A]n effective compliance function capable of assisting the insurer to i) meet its legal, regulatory and supervisory obligations and ii) promote and sustain a compliance culture, including through the monitoring of related internal policies.
The attached presentation details the application of ICP #8 to:
• The scope of the insurance compliance function;
• Management and board responsibilities with respect to the compliance function;
• Requirements for the head of the compliance function;
• Organization of the compliance function;
• The steps in the compliance system;
• Compliance training and awareness;
• The compliance function’s role in internal investigations; and
• Reporting by the compliance function to management and board.
The IAIS is an association of insurance supervisors and regulators from more than 200 jurisdictions. U.S. members of the IAIS are the National Association of Insurance Commissioners (NAIC), Federal Insurance Officefeder (FIO) and the Federal Reserve Board (FRB).
The IAIS serves as the international standard-setting body responsible for principles, standards and other supporting material for the supervision and regulation of the insurance sector. The ICP (recently combined with the Common Framework for the Supervision of Internationally Active Insurance Groups) is its most significant set of standards.
CBI’s other publications are available through:
www.betterins.org
https://jason-schupp.medium.com/
Feeling pressure to build revenues, many banks are turning to new products. It's up to boards and management to drive the risk mitigation planning process.
Goldman Sachs Investor Presentation Deck Oct 2007.pdfBryann Alexandros
1MDB is a Malaysian state fund that was established in 2009 to promote development in the country. However, it became the center of a corruption, bribery and money laundering scandal that involved the former prime minister Najib Razak and his associates. It is estimated that billions of dollars were embezzled from 1MDB and diverted to various accounts and assets around the world, including luxury real estate, art, jewelry, yachts and even a Hollywood movie. The scandal sparked investigations in several countries, including Malaysia, the US, Singapore, Switzerland and Australia. Najib Razak was found guilty of abuse of power and money laundering in 2020 and sentenced to 12 years in prison, but he is appealing the verdict. Several other individuals and entities have also been charged or fined in relation to the 1MDB scandal, including Goldman Sachs, which agreed to pay $3 billion to settle the case. Goldman Sachs was a key player in the 1MDB scandal, as it helped the fund raise $6.5 billion through three bond offerings in 2012 and 2013.
A robust risk assessment process is central to maintaining a strong Anti-Money Laundering (AML) compliance program. In this new Accenture presentation we explore how financial services firms can set-up an effective process. Visit our fraud and financial crime blog post for more on AML risk assessment program: http://bit.ly/2aPlQQ7
Don’t let the title fool you. Establishing a comprehensive AML Program may involve “Five Steps” – but the steps are giant. We’ll break them down, but each area is time-consuming and takes a focused mindset.
We don’t suggest holding someone new to the AML profession solely responsible for implementing an AML Programme. Senior Management needs to understand that there are significant financial and reputational risk exposures if you have an underdeveloped AML Programme. Seek the input of an experienced advisor rather than trying to build a programme alone if you don’t have the experience.
Taking the road to advanced approaches and heightened standards in risk manag...Grant Thornton LLP
Develop and execute a roadmap to meet rising regulatory and stakeholder expectations. Banks of all sizes are required to build sophisticated analytical risk management capabilities in compliance with Dodd-Frank and other legislation making a priority of optimizing the deployment of capital and infusing objectivity into its allocation.
Third Party Due Diligence - Know Your Third Party - EY IndiaErnst & Young
Third party due diligence, forensic data analytics and frequent compliance audits form the basis of a strong monitoring system. For more details, visit http://bit.ly/1RQuEGB.
An industrial approach to risk and control self-assessmentsGrant Thornton LLP
Derive more value from your risk and control self-assessment process, and integrate your organization’s overall operational risk management process to comply with Dodd Frank and other legislation. We specialize in working with clients to help identify, remediate and resolve assessment gaps so they efficiently meet or exceed regulatory requirements.
the carbon-carbon bond in alkene is a C=C double .pdfaparnaagenciestvm
the carbon-carbon bond in alkene is a C=C double bond, which is not saturate.
Alkenes are relatively stable compounds, but are more reactive than alkanes due to the presence
of a carbon-carbon pi-bond. It is also attributed to the presence of pi-electrons in the molecule.
The majority of the reactions of alkenes involve the rupture of this pi bond, forming new single
bonds.
Solution
the carbon-carbon bond in alkene is a C=C double bond, which is not saturate.
Alkenes are relatively stable compounds, but are more reactive than alkanes due to the presence
of a carbon-carbon pi-bond. It is also attributed to the presence of pi-electrons in the molecule.
The majority of the reactions of alkenes involve the rupture of this pi bond, forming new single
bonds..
Entropy is positive because movement of molecules.pdfaparnaagenciestvm
Entropy is positive because movement of molecules increases when water changes
from liquid to gas form. Hence (A)
Solution
Entropy is positive because movement of molecules increases when water changes
from liquid to gas form. Hence (A).
Device that produces an intense beam of coherent .pdfaparnaagenciestvm
Device that produces an intense beam of coherent light (light composed of waves
having a constant difference in phase). Its name, an acronym derived from \"light amplification
by stimulated emission of radiation,\" describes how its beam is produced. The first laser,
constructed in 1960 by Theodore Maiman (born 1927) based on earlier work by Charles H.
Townes, used a rod of ruby. Light of a suitable wavelength from a flashlight excited the ruby
atoms to higher energy levels (see excitation). The excited atoms decayed swiftly to slightly
lower energies (through phonon reactions) and then fell more slowly to the ground state, emitting
light at a specific wavelength. The light tended to bounce back and forth between the polished
ends of the rod, stimulating further emission. The laser has found valuable applications in
microsurgery, compact-disc players, communications, and holography, as well as for drilling
holes in hard materials, alignment in tunnel drilling, long-distance measurement, and mapping
fine details.
Solution
Device that produces an intense beam of coherent light (light composed of waves
having a constant difference in phase). Its name, an acronym derived from \"light amplification
by stimulated emission of radiation,\" describes how its beam is produced. The first laser,
constructed in 1960 by Theodore Maiman (born 1927) based on earlier work by Charles H.
Townes, used a rod of ruby. Light of a suitable wavelength from a flashlight excited the ruby
atoms to higher energy levels (see excitation). The excited atoms decayed swiftly to slightly
lower energies (through phonon reactions) and then fell more slowly to the ground state, emitting
light at a specific wavelength. The light tended to bounce back and forth between the polished
ends of the rod, stimulating further emission. The laser has found valuable applications in
microsurgery, compact-disc players, communications, and holography, as well as for drilling
holes in hard materials, alignment in tunnel drilling, long-distance measurement, and mapping
fine details..
Decompose the Forces into componentsNow you can .pdfaparnaagenciestvm
Decompose the Forces into components:Now you can separate these forces into
their i,j,k componentsAdd each component for example Faci+Fabi, to find the magnitude take
the square roots of the squares of the components ?(Ri)^2+(Rj)^2+(Rk)^2I assume you know
how to finish it
Solution
Decompose the Forces into components:Now you can separate these forces into
their i,j,k componentsAdd each component for example Faci+Fabi, to find the magnitude take
the square roots of the squares of the components ?(Ri)^2+(Rj)^2+(Rk)^2I assume you know
how to finish it.
Turn TakingIn discussion analysis turn-taking is a word for the w.pdfaparnaagenciestvm
Turn Taking:
In discussion analysis turn-taking is a word for the way in which arranged discussion normally
take place.
Once a topic is selected and a discussion initiated, then matters of spoken “turn-taking” happen.
Meaningful when it is acceptable or compulsory to take a turn in discussion is essential to the
cooperative growth of dialogue. This information involves such factors as knowing how to be
familiar with appropriate turn swap points and significant how long the pauses stuck between
turns should be. It is also important to know how one may talk while an important person else is
discussion that is, if relaxed overlap is allowed. Since not all conversation follow all the rules for
turn-taking, it is also necessary to know how to fix a discussion that has been thrown off course
by undesired overlap or a misunderstand observation.
Intellectual dissimilarity in matters of turn attractive can lead to relaxed breakdown, mistake of
intention, and interpersonal intergroup disagreement.
Turn Taking and Parliamentary Procedure
Completely basic to following parliamentary process is knowing at what time and how to talk in
your right turn. commerce in deliberative societies cannot be conduct when the members are
interrupt each other and when they are speaking out of turn on unrelated subjects. good manners
calls interrupt someone else rude presentation and rude for people in complicated culture.
By to come your turn to speak and avoid interrupting another being, you not only demonstrate
your wish to work jointly with the other member of your society, you also show admiration for
your fellow member.
Multiparty Turn Taking Model
We occupied in a set of experiment to probe the deduction and choice making competencies of a
computational model for combined turn taking .To set the phase for the investigation to follow,
we for a short time review the future approach. We model twist taking as an interactive, joint
process by which participant in a conversation check one one more and take synchronized
actions to ensure that only one being speaks at a known time. The member ratify to speak via this
process is supposed to have the ground. Each member engaged in the communication endlessly
produces one of four ground organization actions
1.A hold act indicates that a member is maintain the floor
2. A release action indicates that the participant is yielding the floor to a set of other participants
3. A take action indicates that the participant is trying to acquire the floor
4. A null action indicates that a contributor is not assembly any floor claim. The ground shift
from one participant to another as the result of the combined, helpful floor organization actions
taken by the participant. specially, a release action have to be met with a take action for a floor
shift to occur in all other cases the floor stays with the member that at present holds it.
Solution
Turn Taking:
In discussion analysis turn-taking is a word for the way in which arranged discussi.
there exists a postive integer N such thatN log(E) log(1-r),w.pdfaparnaagenciestvm
there exists a postive integer N such that
N > log(E)/ log(1-r),
we have , 0
0 < 1-r <1,
=>
log(1-r) <0
=>
Nlog(1-r) < logE,
=>
log(1-r)^N
(1-r)^N
Solution
there exists a postive integer N such that
N > log(E)/ log(1-r),
we have , 0
0 < 1-r <1,
=>
log(1-r) <0
=>
Nlog(1-r) < logE,
=>
log(1-r)^N
(1-r)^N.
the phosphoric acid will donate a proton to the OH and then it will .pdfaparnaagenciestvm
the phosphoric acid will donate a proton to the OH and then it will accept a hydrogen from the
alpha hydrogen(one carbon next) to the one with the OH group and the electrons from that bond
will kick down to the middle bond and the electrons to the protonated OH2+ group will kick off
a water through an elimination method.
Solution
the phosphoric acid will donate a proton to the OH and then it will accept a hydrogen from the
alpha hydrogen(one carbon next) to the one with the OH group and the electrons from that bond
will kick down to the middle bond and the electrons to the protonated OH2+ group will kick off
a water through an elimination method..
Technology helps people in implementing privacy in their day today l.pdfaparnaagenciestvm
Technology helps people in implementing privacy in their day today lives. On the other hand, it
has made it difficult for people to maintain privacy. In the current age of smartphones and
tablets, there are various applications that can raid your privacy without you being even aware of
it. There are various examples of technology being used to invade privacy.
Privacy plays a pivotal role in cases when accessing important information such as documents,
account statements, and other personal information. However, there are various organisations,
businesses, as well as individuals who feel there is not enough privacy.
The use of surveillance by government agencies to keep a check on crime also carries a risk of
invading privacy and freedom of expression.
Benefits
The benefits of surveillance technologies are:
1) Improved ability to detect and prevent crime. By gathering information, crime can be
contained. However, studies have shown that these benefits are variable in different scenarios.
2) It can be used to determine a suspect’s communications and activities. It can point to people
and parties with whom the person has been communicating, the frequency and duration of such
calls, the content, as well as the websites accessed.
3) By tracking and analysing large volumes of data, indicators of criminal activity can be tracked
and placed under closer surveillance.
Solution
Technology helps people in implementing privacy in their day today lives. On the other hand, it
has made it difficult for people to maintain privacy. In the current age of smartphones and
tablets, there are various applications that can raid your privacy without you being even aware of
it. There are various examples of technology being used to invade privacy.
Privacy plays a pivotal role in cases when accessing important information such as documents,
account statements, and other personal information. However, there are various organisations,
businesses, as well as individuals who feel there is not enough privacy.
The use of surveillance by government agencies to keep a check on crime also carries a risk of
invading privacy and freedom of expression.
Benefits
The benefits of surveillance technologies are:
1) Improved ability to detect and prevent crime. By gathering information, crime can be
contained. However, studies have shown that these benefits are variable in different scenarios.
2) It can be used to determine a suspect’s communications and activities. It can point to people
and parties with whom the person has been communicating, the frequency and duration of such
calls, the content, as well as the websites accessed.
3) By tracking and analysing large volumes of data, indicators of criminal activity can be tracked
and placed under closer surveillance..
Role of federal health agencies - ranges from making changes in exis.pdfaparnaagenciestvm
Role of federal health agencies - ranges from making changes in existing regulations to the
provision of funds to encouraging use of Health information technology by small health care
providers. The roles of these agencies have included developing the research base that provides
education; testing educational approaches; helping schools develop infrastructure; supporting
faculty development; and providing funding for students.
State public health agencies roles
Inform, educate, and empower people about health issues
Mobilize community partnerships to identify and solve health problems
Develop policies and plans that support individual and community health efforts
Enforce laws and regulations that protect health and ensure safety
Link people to needed personal health services and assure the provision of health care when
otherwise unavailable
Assure a competent public health and personal health care workforce
Evaluate effectiveness, accessibility, and quality of personal and population-based health
services
Local public health agencies provide the following core services: adult and childhood
immunizations; communicable disease control; community outreach and education;
epidemiology and surveillance; environmental health regulation such as food safety services and
restaurant inspections; and tuberculosis testing. Many LHDs are shifting from “personal health
care” services to “population-based” services. In the aftermath of bioterrorism, health
departments have greatly increased disease surveillance activities and are now at the center of
many of the federal, state, and local emergency planning activities.
Solution
Role of federal health agencies - ranges from making changes in existing regulations to the
provision of funds to encouraging use of Health information technology by small health care
providers. The roles of these agencies have included developing the research base that provides
education; testing educational approaches; helping schools develop infrastructure; supporting
faculty development; and providing funding for students.
State public health agencies roles
Inform, educate, and empower people about health issues
Mobilize community partnerships to identify and solve health problems
Develop policies and plans that support individual and community health efforts
Enforce laws and regulations that protect health and ensure safety
Link people to needed personal health services and assure the provision of health care when
otherwise unavailable
Assure a competent public health and personal health care workforce
Evaluate effectiveness, accessibility, and quality of personal and population-based health
services
Local public health agencies provide the following core services: adult and childhood
immunizations; communicable disease control; community outreach and education;
epidemiology and surveillance; environmental health regulation such as food safety services and
restaurant inspections; and tuberculosis testing. Many LHDs are shifting fr.
plants and algae also have cellulose in their cells. Presence of a c.pdfaparnaagenciestvm
plants and algae also have cellulose in their cells. Presence of a common polysacharide in two
different kingdoms is particularly interesting because it connects the evolutionary gaps. It
indicates that tunicates evolved from plants
Solution
plants and algae also have cellulose in their cells. Presence of a common polysacharide in two
different kingdoms is particularly interesting because it connects the evolutionary gaps. It
indicates that tunicates evolved from plants.
HBr and HCl are both strong acids, so they completely dissolve in wa.pdfaparnaagenciestvm
HBr and HCl are both strong acids, so they completely dissolve in water. That means all of the
HBr is dissociated into H+ and Br-, and all of the HCl is dissociated into H+ and Cl-.
HBr --> H+ + Br-
HCl --> H+ + Cl-
10 mL = .01 L
20 mL = .02 L
H+ from HBr: (.01 L)(.100 mol/L)=.001 mol
H+ from HCl: (.02 L)(.200 mol/L)=.002 mol
Total H+ = .001 + .002 = .003 mol H+
and total solution = .01+.02 L = .03 L
[H+]=mol/L=.003mol/.03L = [.100]
pH = -log .100 = 1.000
(3 decimal places because there were 3 significant digits in the concentration)
Solution
HBr and HCl are both strong acids, so they completely dissolve in water. That means all of the
HBr is dissociated into H+ and Br-, and all of the HCl is dissociated into H+ and Cl-.
HBr --> H+ + Br-
HCl --> H+ + Cl-
10 mL = .01 L
20 mL = .02 L
H+ from HBr: (.01 L)(.100 mol/L)=.001 mol
H+ from HCl: (.02 L)(.200 mol/L)=.002 mol
Total H+ = .001 + .002 = .003 mol H+
and total solution = .01+.02 L = .03 L
[H+]=mol/L=.003mol/.03L = [.100]
pH = -log .100 = 1.000
(3 decimal places because there were 3 significant digits in the concentration).
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Thesis Statement for students diagnonsed withADHD.ppt
Outsourcing Strategy Risks Outsourcing strategy is the process of .pdf
1. Outsourcing Strategy Risks
Outsourcing strategy is the process of determining whether or not to outsource and, if so, what
to outsource.
Outsourcing Selection Risks
Outsourcing selection is the process of finding and evaluating potential outsourcing partners.
Outsourcing Implementation Risks
Outsourcing implementation is where the relationship between outsourcing partners is defined
and established.
Outsourcing Management Risks
Outsourcing management is the monitoring and evolution of the ongoing relationship.
Future Trends in Outsourcing
The Supply Chain Consortium will examine more of the risks of outsourcing within specific
levels of the supply chain in the future. Already, the consortium has administered surveys to its
member companies on the outsourcing of transportation and distribution center (DC) operations.
Among the findings:
The use of service providers to perform operational functions presents various risks to financial
institutions. Some risks are inherent to the outsourced activity itself, whereas others are
introduced with the involvement of a service provider. If not managed effectively, the use of
service providers may expose financial institutions to risks that can result in regulatory action,
financial loss, litigation, and loss of reputation. Financial institutions should consider the
following risks before entering into and while managing outsourcing arrangements.
• Compliance risks arise when the services, products, or activities of a service provider fail to
comply with applicable U.S. laws and regulations.
• Concentration risks arise when outsourced services or products are provided by a limited
number of service providers or are concentrated in limited geographic locations.
• Reputational risks arise when actions or poor performance of a service provider causes the
public to form a negative opinion about a financial institution.
Country risks arise when a financial institution engages a foreign-based service provider,
exposing the institution to possible economic, social, and political conditions and events from the
country where the provider is located.
• Operational risks arise when a service provider exposes a financial institution to losses due to
inadequate or failed internal processes or systems or from external events and human error.
• Legal risks arise when a service provider exposes a financial institution to legal expenses and
possible lawsuits.
who should be held liable for any breaches that occur
2. The use of service providers does not relieve a financial institution's board of directors and
senior management of their responsibility to ensure that outsourced activities are conducted in a
safe-and-sound manner and in compliance with applicable laws and regulations. Policies
governing the use of service providers should be established and approved by the board of
directors, or an executive committee of the board. These policies should establish a service
provider risk management program that addresses risk assessments and due diligence, standards
for contract provisions and considerations, ongoing monitoring of service providers, and
business continuity and contingency planning. Senior management is responsible for ensuring
that board-approved policies for the use of service providers are appropriately executed. This
includes overseeing the development and implementation of an appropriate risk management and
reporting framework that includes elements described in this guidance. Senior management is
also responsible for regularly reporting to the board of directors on adherence to policies
governing outsourcing arrangements.
course(s) of action that should be taken to mitigate the risks-
A financial institution's service provider risk management program should be riskfocused and
provide oversight and controls commensurate with the level of risk presented by the outsourcing
arrangements in which the financial institution is engaged. It should focus on outsourced
activities that have a substantial impact on a financial institution's financial condition; are
critical to the institution's ongoing operations; involve sensitive customer information or new
bank products or services; or pose material compliance risk. The depth and formality of the
service provider risk management program will depend on the criticality, complexity, and
number of material business activities being outsourced. Acommunity banking organization may
have critical business activities being outsourced, but the number may be few and to highly
reputable service providers. Therefore, the risk management program may be simpler and use
less elements and considerations. For those financial institutions that may use hundreds or
thousands of service providers for numerous business activities that have material risk, the
financial institution may find that they need to use many more elements and considerations of a
service provider risk management program to manage the higher level of risk and reliance on
service providers. While the activities necessary to implement an effective service provider risk
management program can vary based on the scope and nature of a financial institution's
outsourced activities, effective programs usually include the following core elements:
A. Risk assessments;
B. Due diligence and selection of service providers;
C. Contract provisions and considerations;
D. Incentive compensation review;
E. Oversight and monitoring of service providers; and
3. F. Business continuity and contingency plans.
Solution
Outsourcing Strategy Risks
Outsourcing strategy is the process of determining whether or not to outsource and, if so, what
to outsource.
Outsourcing Selection Risks
Outsourcing selection is the process of finding and evaluating potential outsourcing partners.
Outsourcing Implementation Risks
Outsourcing implementation is where the relationship between outsourcing partners is defined
and established.
Outsourcing Management Risks
Outsourcing management is the monitoring and evolution of the ongoing relationship.
Future Trends in Outsourcing
The Supply Chain Consortium will examine more of the risks of outsourcing within specific
levels of the supply chain in the future. Already, the consortium has administered surveys to its
member companies on the outsourcing of transportation and distribution center (DC) operations.
Among the findings:
The use of service providers to perform operational functions presents various risks to financial
institutions. Some risks are inherent to the outsourced activity itself, whereas others are
introduced with the involvement of a service provider. If not managed effectively, the use of
service providers may expose financial institutions to risks that can result in regulatory action,
financial loss, litigation, and loss of reputation. Financial institutions should consider the
following risks before entering into and while managing outsourcing arrangements.
• Compliance risks arise when the services, products, or activities of a service provider fail to
comply with applicable U.S. laws and regulations.
• Concentration risks arise when outsourced services or products are provided by a limited
number of service providers or are concentrated in limited geographic locations.
• Reputational risks arise when actions or poor performance of a service provider causes the
public to form a negative opinion about a financial institution.
Country risks arise when a financial institution engages a foreign-based service provider,
exposing the institution to possible economic, social, and political conditions and events from the
country where the provider is located.
• Operational risks arise when a service provider exposes a financial institution to losses due to
inadequate or failed internal processes or systems or from external events and human error.
4. • Legal risks arise when a service provider exposes a financial institution to legal expenses and
possible lawsuits.
who should be held liable for any breaches that occur
The use of service providers does not relieve a financial institution's board of directors and
senior management of their responsibility to ensure that outsourced activities are conducted in a
safe-and-sound manner and in compliance with applicable laws and regulations. Policies
governing the use of service providers should be established and approved by the board of
directors, or an executive committee of the board. These policies should establish a service
provider risk management program that addresses risk assessments and due diligence, standards
for contract provisions and considerations, ongoing monitoring of service providers, and
business continuity and contingency planning. Senior management is responsible for ensuring
that board-approved policies for the use of service providers are appropriately executed. This
includes overseeing the development and implementation of an appropriate risk management and
reporting framework that includes elements described in this guidance. Senior management is
also responsible for regularly reporting to the board of directors on adherence to policies
governing outsourcing arrangements.
course(s) of action that should be taken to mitigate the risks-
A financial institution's service provider risk management program should be riskfocused and
provide oversight and controls commensurate with the level of risk presented by the outsourcing
arrangements in which the financial institution is engaged. It should focus on outsourced
activities that have a substantial impact on a financial institution's financial condition; are
critical to the institution's ongoing operations; involve sensitive customer information or new
bank products or services; or pose material compliance risk. The depth and formality of the
service provider risk management program will depend on the criticality, complexity, and
number of material business activities being outsourced. Acommunity banking organization may
have critical business activities being outsourced, but the number may be few and to highly
reputable service providers. Therefore, the risk management program may be simpler and use
less elements and considerations. For those financial institutions that may use hundreds or
thousands of service providers for numerous business activities that have material risk, the
financial institution may find that they need to use many more elements and considerations of a
service provider risk management program to manage the higher level of risk and reliance on
service providers. While the activities necessary to implement an effective service provider risk
management program can vary based on the scope and nature of a financial institution's
outsourced activities, effective programs usually include the following core elements:
A. Risk assessments;
B. Due diligence and selection of service providers;
5. C. Contract provisions and considerations;
D. Incentive compensation review;
E. Oversight and monitoring of service providers; and
F. Business continuity and contingency plans.