Strategic Risk Management

NHF Risk Conference 2012

Paul TennantGroup Chief Executive

To address

Current issues

Decision making

Opportunities

Future

Current Issues

Strategic

Operational

Economic Crisis

Reforming Government

Social Housing Reform

Strategic

Strategic Economic crisis:

• World depression

• Euro disintegration

• Funding world

Government Reform

• Public sector reform

• Localism/deficit reduction

• Influence of think tanks

Social Housing Reform

• Localism/Welfare Reform

• Regulation/Funding Structure

• H&SCB/OPSWP

A new landscape – radical change

Funding

Development Operational

Operations

Operations Funding

• Availability/customer

• Funders/certainty

• Sources/innovation

Development

• A new model

• New skills/risk

• Long term model

Services

• Impact on customers

• Efficiency/VFM

• Demands on organisation

A tricky environment to work in

Decision Making

Intelligence

Culture Planning

Risk

Decision Making

Intelligence

• Type of information

• Management of information

• Analysis of data

Culture

• Right skills/approach

• Embedded risk management

• Strong infrastructure

Planning

• Scenarios/test

• Balancing demands

• Look up!

Decision making & judgement calls will be critical

Opportunities

Current

Progressive Radical

Risk

Opportunities

Current• Core but better

Progressive• More and different

Radical• New role/direction

Link to decision-making process

A real balancing act

Future Strategy

Direction

Return Risk

Future Strategy

Direction• Vision

• Options

• Outcomes

Return• Environmental

• Social

• economic

Risk• Appetite

• Management

• Proactive

Decide your position on the diagram

Conclusion: Strategic Risk Management

Current Issues• A transformation agenda

Decision Making

• Proactive analysis

Managing risk will underpin our future

Opportunities• A balancing act

Strategy• A vision/direction