Risk management provides a bookend to an organisation’s strategy and should inform planning, budgeting and performance management processes. The CEO had initiated a regular review of the enterprise Risk Management Framework, with a view to further maturing the framework and operationalising risk management across the organisation.

While work had already commenced, beech + willow were asked to step in to start fresh and deliver the project.

We proposed deeply grounding the project in Holyoake’s purpose, giving equal consideration to double materiality and how the organisation’s critical stakeholders may be impacted by operations and decisions.

As risk management is everyone’s job, education and capability building underpinned our approach, continuing the divestment of risk responsibilities from the CEO and empowering informed, appropriate decision making across the organisation.

Through a mix of workshops and structured design with the Board and Executive Leadership, we developed:
- a Risk Appetite Statement
- Risk Assessment Criteria
- Strategic Risk Register
- Board risk reporting
- Risk Management Policy and
supporting documentation suite

To help support the implementation of the new risk management framework and embedding an aligned risk culture, we developed a transformation plan.