You need to be properly risk enabled. It allows you visibility across your entire charity. It allows you to make informed decisions, and gives you a ruleset from which your charity operates. It allows your entire organisation to be proactive and pull in the same direction.
Would your charity benefit from?
- Knowing how all the frameworks sit together?
- Ensuring you are risk enabled? Would it help you make informed decisions if you knew what risk you were carrying and how you were managing it?
- Clearly defined roles and responsibilities around your risk capabilities?
- A clear Risk Appetite Statement? – Would a clearly defined RAS help you set up in the right way? Would it guide you in making informed and proportionate decisions?
- A board assurance framework?
- A decision-making framework? Would your charity benefit from knowing who is doing what, and what part they play in making decisions? Without this framework, you know you either get gridlock or confusion.