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Partnerships

Partnerships. Colette Dark Risk Control Manager Gallagher Bassett ALARM SE 13 th SEPTEMBER 2006. Session Plan. Partnership working - What does it mean ? Managing risk in partnerships – the key challenges

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Partnerships

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  1. Partnerships Colette Dark Risk Control Manager Gallagher Bassett ALARM SE 13th SEPTEMBER 2006

  2. Session Plan • Partnership working - What does it mean ? • Managing risk in partnerships – the key challenges • Risk management considerations within partnership protocols or framework agreements

  3. What is Partnership Working ? • Two or more independent bodies • Public, voluntary, private • Working collectively • Each contributing resources • Toward a shared objective

  4. CPA - RM of Partnerships • Use of Resources Internal Control KLOE 4.1 Level 3 • The risk management process specifically considers risks in relation to significant partnerships and provides for assurances to be obtained about the management of those risks

  5. What makes a partnership Significant ? • Significant allocation of resource • Financial • Time / people resource • High profile • Important to key objectives / goals • Statutory function / duty

  6. Partnership Perspective ‘Insider looking out’ Risks to the partnership which present threats or opportunities to the objectives and effective working of the partnership Council’s Perspective ‘Looking in’ Risks arising from the activities of the partnership that present threats or opportunities to the Councils objectives Two Perspectives To Consider

  7. Case History – Failed Partnership • Project to regenerate former mining area. • Objective to establish a centre of excellence for advanced digital tech. provide training, spur to inward investment • Partnering with the Council were – • Local TEC • A major ICT company • Funding - European Regional Development Funding of £3.3m. Total investment £7m

  8. Case History (cont) • Centre launched as Ltd company. But trading problems resulted in liquidation within 18 months • Council acquired assets for £0.7m and other liabilities of £0.2m. Total cost of financial support cost £2m. • Attempts by Council to deliver original outputs have failed.

  9. Problems Identified (1) • Initial plan and options evaluation • Failed to establish likely demand for the facilities • Unclear about target market and how services would be delivered. • Did not properly evaluate the risks including the scale of financial risk (risk of grant claw back) • Failed to engage support of members • Failed to ensure robust project management arrangements.

  10. Problems Identified (2) • Governance Arrangements • Unclear regarding roles, responsibilities and leadership arrangements. • No protocols for reporting financial and business information to Council members (lead to issues of commercial confidentiality) • No clear measurement of output including monitoring of EDRF requirements.

  11. Identifying Risks in Partnerships • Strategic • PESTLE etc • Governance considerations • Operational • Threats to resources • Remember insurance risks • Relationship !! New Dimension • Leadership / Trust / Engagement / Communication / Risk Perception

  12. Partnership Protocol Overall guidance on when, why and how to partner • Pre partnership appraisal to include risks presented by a partnership arrangement. Partnership agreement • Aims and objectives • Measurement of output and success • Governance arrangements (including RM) • Terms of dissolution and termination (exit strategy)

  13. Top Ten Partnership Killers • For ever and ever…… • One-upmanship • Right place, wrong people. • Pulling rank • Mission creep

  14. Top Ten Partnership Killers • Target? What target? • Death by drudgery • We know what’s best for you • Strictly on a need-to-know basis….. • Only here for the cash

  15. Questions ?

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