9.1 The Board’s Strategic Directions 2016-2020 May 2016
Tabled paper 1883
Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT
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.
Significant to the Board is the number of items that ~]~^Q Board acknowledges that cluster in the 'Very High' corner in the 'likelihood and , i ^ , . , " , . consequence' a^a of^e^'atrix"Notabi^thisvrisk"u the Corporation's CUFrent risk profile is after risks have been mitigated. rating profile WOLlld normally Further risk profile investigation may reveal that be Unacceptable in awell-run the risk assessments have some classification flaws ^.^i.^^^--,^;, and the underlying issues may not be as significant as reported. Such a collective profile would normally be unacceptable in a well-run corporation. As the current risk rating suggests, the number of very high risks indicates that one or more risks are likely to materialise in the near future, unless further mitigating action is taken. The Board considers that the risk rating profile and the low maturity level of the risk framework are calls to action for transformational change. THE BOARD'S STRATEGIC DIRECTIONS 2016-2020 17
Aboriginal and Torres Strait Islander people are advised that this website may contain the names, voices and images of people who have died, as well as other culturally sensitive content. Please be aware that some collection items may use outdated phrases or words which reflect the attitude of the creator at the time, and are now considered offensive.
We use temporary cookies on this site to provide functionality.
You are welcome to provide further information or feedback about this item by emailing TerritoryStories@nt.gov.au