Territory Stories

9.1 The Board’s Strategic Directions 2016-2020 May 2016

Details:

Title

9.1 The Board’s Strategic Directions 2016-2020 May 2016

Other title

Tabled paper 1883

Collection

Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT

Date

2016-06-23

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

PowerWater

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C01846

Parent handle

https://hdl.handle.net/10070/269368

Citation address

https://hdl.handle.net/10070/436012

Page content

The corporate risk profile developed by Power and Water management, summarised in Figure 4.2 and included in the 2016 Statement of Corporate Intent, acknowledges the issues that exist with business performance and operating capability. Figure 4.2: Corporate risk profile Almost certain E -0 0 0 a> .at Likely D Possible c Unlikely Rare A Insignificant 1 The Board acknowledges that the majority of these 'Very High' risks can be seen as 'business as usual' activities which should be under the control of the Board and management. Residual Risk Medium Minor 2 Medium Medium 00 Very High a High 0 High Moderate 3 Major 4 Extreme 0 0 G Very High 0 Severe 5 Risk ID Risk Description Key risk mitigations 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Crisis management Public safety Staff and contractor health and safety Environmental management Water quality/waste management Fuel supply management Legal and regulatory compliance Information technology, SCADA and communications Project and contract management Terrorism, security and vandalism Capacity and capability Supply of core services Financial management Corporate image and reputation Competition Stakeholders Established Crisis Management Plans and Committees Safety Management and Mitigation Plan Safety Management System Environmental Management System Drinking Water Quality Management System Recycled Water Management System Waste Discharge Licence program Fuel Contracts for long term fuel supply agreements, backup fuel supply Compliance Strategy and Programs ICT Strategy Project Management Framework Security Management Function, barriers at high risk sites Workforce planning framework and training plans Asset management framework Financial processes and controls Public relations and brand strategies Under development into a new risk category post structural separation Stakeholder engagement strategy Category 15 is under development post structural separation and is not included in the heat map. THE BOARD'S STRATEGIC DIRECTIONS 2016-2020 16