Fortnightly Magazine - October 2006

M&A Value Creation: Combating the "Winner's Curse"

Significant value waits to be unlocked through consolidation, but conventional approaches have been inadequate.

Can consolidation create sustainable long-term value, or will it prove seductive but, ultimately, disappointing to shareholders, employees, customers, and management alike?

Stay Online With Partial Discharge Testing

How to maintain continuous power supply while measuring for weak spots.

Failures in medium-voltage power cables and their components cause a large proportion of annual power service interruptions, especially in high-density urban areas. Locating and repairing weak areas in cables at an early stage can improve the reliability of the energy supply considerably. Partial discharge testing is a proven condition assessment/test methodology.

Betting Against the Gods

In search of the Holy Grail of utility risk management.

The search is on for the Holy Grail of risk management. Utilities are managing new risks, as more sophisticated systems and services become available.

Risk Management Starts at the Top

How to sort out strategies and weather the storm.

Unless embraced as an integral part of the business strategy, risk management is nothing more than a bureaucratic exercise that lulls the management and directors into a false sense of security.

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