The purpose of this memo is to provide information on key take always from North Carolina State ERM Initiative Roundtable Summit. Information provide will come from the Eli Lilly, Representative Mr. Nick Lemen, Senior Director of Ethics and Compliance on the topic of Enterprise Risk Management, Communication and Strategy.
Something learned/ interesting or insightful:
Eli Lilley has a commercial focus on human and animal health by developing drugs to slow down the process of diseases. Their focus on human health is in the areas of diabetes and oncology while animal health is centered on scarcity and making food more safe. I learned that there are 416 million people worldwide that are diagnosed with diabetes which is 1 out of 11 adults while in 1985 there were only 1 out of 160 people diagnosed. Eli Lilley has the broadest set of options and alternatives for diabetes patients in the nation and through their Initiative they partnered with the University of Toronto being first pharmaceutical companies to produce human insulin in 1920.They have also placed focus on oncology to help with the improvements where they measure success. Additionally animal health is another
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The Portfolio will help to eliminate confusing and keep everyone within the organization including the board aware of who own what specific risk. I would suggest that they identify their top 25 to 30 risk and create an identification of ERM risks document that is accessible to everyone within the organization and assign owners to them. I would suggest that whatever you do connect it to your business it has to make sense. Do not use actually what Eli Lilly is using but what works for their particular organization. For example, Eli Lilly use the low, medium, high impact due to their long horizon this model may not be the best approach for other
North Florida Animal Hospital is a veterinary hospital located in Tallahassee, Florida. This practice was established in 1951 by Dr. Robert E. Lee. He had run this hospital until his death in 1988. Dr. George worked in the North Florida Animal Hospital upon his graduation in 1988 and purchased this practice at that time. Their veterinary services include immunization and wellness, dental care, digital radiology, internal medicine, surgery, pharmacy, and more. North Florida Animal Hospital is AHHA Accredited, The Standard of Veterinary Excellence.
Enterprise Risk Management (ERM) is a series of processes used to identify risk, implement strategies to address risk, and monitor impact on the organization. Indeed, an effective ERM will consist of a corporate profile, which is a record of key risks that would hinder the organization in achieving their key objectives (Fraser & Simkins, 2010). Ideally, the risk profile is created as a tool to communicate with the Board of Directors, but may be used as a means of communication with all levels of management (Bethel, 2016). Typically, there are variations of the risk profile based upon the level of management, such as duration, types of risk, and purpose (Fraser & Simkins, 2010).
Instead the company’s resources are concentrated on development close to the market in the late clinical or registration phases” (Meda AB, 2014, para. 3). Unfortunately, risk management is not that simple and MEDA faces much more risk factors than just product development; country specific regulations financially and developmentally, currency fluctuations, and product rights to name a few. Enterprise risk management is a technique available to help manage such high levels of risk; such “financial risks due to foreign currency fluctuations, commodity price fluctuations, and changes in interest rates; operating risks related to customers, products, or employees; and strategic risk related to top management decisions” (Blocher, Stout, Juras, & Cokins, 2013, p. 14). After conducting a thorough SWOT (strengths, weaknesses, opportunities, threats) analysis on MEDA, it was concluded that the continued success of the organization is threatened by their insufficient efforts to manage risk (Jonsson, 2014). Adopting an ERM program could help to better organize how risk is controlled through “increased risk awareness that facilitates better operational and strategic decision making” (Hoyt & Liebenberg, 2011, para. 2).
Eli Lilly’s main focal points are quality, innovation, and customer care. With a focus on the not yet met medical needs of clients, the response time in which they deliver important drug therapies hit the market, and top
It is a privilege and honor to write you in reference to H.R. 4693: Puppy Protection Act of 2017. As an American citizen within Illinois it is widely known of the abuse portrayed upon dogs specifically. I am writing this letter because I want to see an end to animal cruelty in general. I believe the Puppy Protection Act of 2017 is one of the many greater steps in to putting an end it. Animal welfare is just as important as human welfare, because they have feelings and feel pain as well. Sadly, working in an Animal shelter myself I almost see an abused animal every day, so no one understands more than me how badly animal welfare needs to be redeveloped. Our government needs to be creating new legislations through congress to get them passed
method of therapy Thrive horticultural therapists build a set of activities for each gardener to improve their particular health needs, this type of therapy benefits people by helping them recover and find their way again, learn new skills, and slow down degenerative illness of the mind to some degree, Nature arts and crafts, art activities using natural materials such as wood, glass, and clay. Clay and wood being the two most commonly used due to their easy workability, Animal assisted therapy (AAT), Animal assisted interventions (AAI), and Care Farming are three types of animal assisted therapy. This type of therapy is usually for children who have been diagnosed with physical, emotional, social or learning disabilities. “Therapy provided through tasks and activities necessary to run farms, gardens, landscapes or ranches is not by any means new to this millennium's repertoire of interventions for children.”(occupational-therapy.advanceweb.com), Wilderness therapy, is “cognitive behavioral therapy to combat negative thinking, journaling to help shed light on depression and anxiety, and group activities to overcome social phobia and develop greater self-confidence, to name a few.”(apa.org) this type of therapy has been around since 1886 but it wasn’t considered therapy
Eight, Southern Illinois University-owned, cecally-cannulated horses, two males and six females, ages 5-8 years old, and weighing 1082.50 ± 79.41, up to date with vaccinations, and in good dental health were used in this study. Institutional Animal Care and Use Committee (Protocol 13-070 amended) approval was obtained prior to the initiation of this study. All research was conducted at Southern Illinois University Equine Center, Carbondale, Illinois. Each horse was removed from grass pasture at approximately 1400 h and placed in separate identical 10 × 12 ft stalls with ab libitum access to water and a salt block. Each horse was offered five pounds of pelleted grain (Strategy® Purina Mills, St. Louis, Missouri) and two flakes of mixed grass hay.
Align strategy and corporate culture: The WP management team will create better risk awareness by using ERM. Also, a positive and open culture with respect to risk and risk management will be created as well. This will make every people at every level in WP to participate into the risk management activity which will be a huge benefit to WP and its employees.
Millions of animals are being unneedlessly tested on for cosmetics, even though there are plenty of alternatives available and most of the results are unreliable or not applicable to humans. Although the fight against animal testing has made huge progress recently, America has yet to stop this cruel practice and chooses to torture animals while other countries are making a stop to the testing (“Animal Testing 101”).
Animals have always played an essential role in many aspects of this world. Some people look upon these roles with favoritism, some with disgust. Animals are considered different from humans by some people because of their behavior, mannerisms or actions. Some animals are used as food by humans and other animals, while others are trapped for their furs. Many times people acquire animals for pets, only to neglect or mistreat them. For many years, the ethical treatment of animals has been a very controversial topic for moral discussion, often in reference to an ethical code or rule. In this paper, I will discuss these ethical issues identified with the treatment of animals as well as exploring these issues from a virtual ethicist’s
The industry that I want to be apart of in the future is the Veterinary Industry and I will discuss the different types of rules that veterinarians across the state of Texas have to abide by on a daily basis. To begin is Rule 571.4 of The Texas board of Veterinary Medical examiners states the following qualifications to obtain your licenses.It was adopted May 4, 2014. You must be at least 18 years old, you must obtain a passing score on the Veterinary Technician National Examination or the Licensed Veterinary Technician Examination, you also have to graduate from a Veterinary Technician program to even apply for your licences. This rule tries to state the process of which the Veterinary Technician has to obtain his or her license. Rule 573.11 talks about the responsibility for unlicensed employees.This rule was adopted June 14, 2012. A veterinarian shall
It is suggested that pitbull owners feed their pets the foods that have what the breed requires in nutritional value. The dog food should contain nutrient sources that are similar to that found in their native lands that their ancestors ate. The requirements for a pitbull are a balance of protein, carbohydrates, fatty acids, vitamins and minerals. Many dogs are taken to the vet because of nutritional related problems. If the dog is not getting the proper nutrients that their diet requires they can suffer from dry/itchy/flaky skin, hot spots, yeast infections in the ears, or thyroid-liver-kidney problems. The best diet for the pitbull is one that the owner makes fresh, using quality ingredients, without preservatives.
Veterinary Medicine For my agriculture report, I chose to do a report on veterinarians. I chose this career field because I like working with animals and learning about them. While doing my report I learned more then I thought there was to learn about animals and becoming a veterinarian. I learned how long it takes to become a veterinarian, what my chances are on being accepted by a veterinary college, what veterinarians do, and much more.
Veterinary medicine is the branch of medicine that deals with the diseases of animals. Treating pets is one of the most profitable fields in veterinary medicine. The proper vaccination of animals and the diagnosis of diseases are part of a veterinarian’s duties.
Veterinary public health is a critical branch of public health and a key component of a healthy society. Zoonotic diseases are brought about by pathogens that can infect both animals and humans. Without proper disease control interventions, zoonotic pathogens can cause catastrophic effects on humans, animals, and the ecosystem as a whole. Zoonotic diseases account for nearly 75% of emerging infectious diseases, so it is quite obvious that human and animal health are inextricably linked (Economics and One Health). The “One Health” approach calls for interdisciplinary collaboration in all aspects of health care for humans, animals and the environment (cantas). It is common practice in the American culture for small animals to be regarded as