1. Risk and Reward Andrea Hirst-Gee Harrogate Borough Council

2. Background New CE and Assistant CE Challenge old policies / assumptions More outward looking Major changes –Structural (transfer of LMA) –Performance (review of ITD) –Shared services and management Transformation programme Decision risk registers

3. Risk Risk aware or risk averse? Risk perception and risk appetite Risks as threats or opportunities? ‘The risk of something going wrong’ Controls, controls, controls Stop, prevent, mitigate … How do the language and systems we use to describe and analyse risk influence how we feel about it?

4. Reward If risk is simply anything that might prevent you from achieving your objectives, then what about –the risk of something going right? –risks from taking opportunities, being innovative, transformation? –the rewards of taking risks?

5. Working Environment Credit crunch and budget cuts Increased efficiency targets Doing more for less Increased customer expectations No more quick wins Transformation

6. Innovation – no more comfort zones Doing things differently Doing different things Organisational structures Shared management Simplifying systems and processes Loosening control Changing cultures Innovation = risk

7. Transformation @ HBC Business Transformation Programme –3 to 5 year programme –20+ projects –5 themes –organisational development –better value for money –new ways of working –improving customer service –collaboration

8. Decision Risk Cabinet approval –Do Nothing Option –Approval with limited support –Approval with full support Risks –of going ahead with the programme –of rejecting the programme –risk profile on Covalent

16. Summary Risk and Reward Threats and Opportunities Transformation and Innovation Risk Perception and Risk Appetite –past experience –knowledge –information presented Systems and Language