boards

Risk Checklist

 Do you have adequate systems in place to manage risk?

 Use the following questions to figure out your organisation's current level of risk:

Risk Management

Does your organisation have procedures in place to comply with employment, equality, and health and safety legislation?

Risk is a situation involving an exposure to danger. You should approach risk management positively, as part of the day-to-day management of the organisation, for it does not just identify threats, it also provides opportunities for improvements.

Threats and opportunities

Most risk can be anticipated and therefore planned for, for example:

Fundraising

Aim to build long term relationships with your funders

It is vital that your organisation approaches fundraising in a strategic way, with proper planning, implementation and evaluation.

Information and Copyright

Poor systems will lead to organisational inefficiency

Information

It is imperative that you establish systems for the proper administration and management of information. Organisations are bombarded with vast volumes of information daily, received by post, telephone, text, email, fax, etc. Poor systems will lead to organisational inefficiency. For example, how do you ensure that information is passed round all relevant people? How do you keep track of your library resources?

Premises and Equipment

Make sure you have an assets register listing details of all your capital assets and dates of purchase and disposal

Unless your group is very small and operates from the homes of individuals, you will have some sort of premises, however basic. You are also likely to have furniture and equipment, and possibly vehicles and stock. The sourcing, security and maintenance of these is your responsibility.

Managing Risk

Community, voluntary and charitable organisations are not immune from risk - indeed some level of risk is unavoidable.

By properly managing risk, an organisation can fulfil its potential and the negative effects of hazards can be reduced...

Responsibilities of Governing Body

 The specific responsibilities of company directors include complying with the Companies Act...

 Responsibilities of the governing body as a whole

Responsibilities of Officers

For a treasurer, you need a person who is good at figures, understands accounts, and can explain accounts in layperson’s terms... 

Your constitution, rules or memorandum and articles of association will usually specify whether your governing body comprises specific honorary officers.

Setting Up Subcommittees and Working Groups

Any decisions made by subcommittees or working groups need to be approved by the whole governing body...

It is common practice for the governing body to set up subcommittees and/or working groups (or panels, taskforces, etc). These can provide an excellent opportunity to involve other people from within and outside the organisation; experts or advisors, users or clients, paid staff or volunteers.

What is Governance?

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