Page 0025

25

City of Glasgow College Annual Report & Accounts 2019-20

Strategic

Theme

Risk Name RAG

Students

• 1. Failure to support student success A

• 2. Failure to establish optimal pedagogical model G

• 3. Failure to achieve good student outcome/progression levels A

• 21. Failure of the College's Duty of Care to Students G

Growth &

Development

• 4. Failure to realise planned benefits of Regionalisation A

• 6. Negative impact upon College reputation R

• 7. Failure to achieve improved business development performance with stakeholders A

• 8. Failure to achieve improved performance A

• 9. Failure to attract, engage, and retain suitable staff A

• 26. Failure to achieve taught degree awarding powers G

Processes and

Performance

• 10. Negative impact of statutory compliance failure A

• 24. Failure of Compliance with the General Data Protection Regulations (GDPR) A

• 11. Failure of Corporate Governance G

• 12. Failure of Business Continuity R

• 25. Failure of IT system security R

• 13. Failure to manage performance G

• 14. Negative impact of Industrial Action A

Finance

• 15. Failure to achieve operating surplus via control of costs & achievement of income targets. A

• 16. Failure to maximise income via diversification A

• 20. Failure to obtain funds from College Foundation G

• 22. Negative impact of Brexit A

• 23. Failure to agree a sustainable model and level of grant funding within Glasgow Region A

ALL • 27. Failure to manage acute threats relating to coronavirus outbreak A

• Risk 7: Failure to achieve improved business

development performance with stakeholders

(Coronavirus impact)

• Risk 15: Failure to achieve operating surplus via

control of costs and achievement of income

targets.(Coronavirus impact)

• Risk 16: Failure to maximise income via diversification.

(Coronavirus impact).

The Committee regularly reviewed the Risk Management

Action Plans for all strategic risks above a low score, and

noted that appropriate actions had been satisfactorily taken

to manage these risks. In particular the Committee noted

the actions taken in response to the Covid-19 emergency,

including the measures taken to ensure business continuity

and maintenance of all learning, teaching, and support

services in the required immediate move to remote

operations from 18 March 2020.

As a consequence, the average risk score across the

register (calculated on a 5x5 Likehood vs Impact matrix)

rose slightly (from 9 to 9.43) in session 2018-19. The RAG

ratings reflect the following risk scores: 1-5 = Green; 6-12 =

Amber; 15-25 = Red.

The table below summarises the key Strategic Risks which

the College managed, and which the Audit Committee

monitored throughout 2019-20 (as approved by the Board

of Management - June 2020):

Extract from College Risk Register: June 2020

Index

  1. Page 0001
  2. Page 0002
  3. Page 0003
  4. Page 0004
  5. Page 0005
  6. Page 0006
  7. Page 0007
  8. Page 0008
  9. Page 0009
  10. Page 0010
  11. Page 0011
  12. Page 0012
  13. Page 0013
  14. Page 0014
  15. Page 0015
  16. Page 0016
  17. Page 0017
  18. Page 0018
  19. Page 0019
  20. Page 0020
  21. Page 0021
  22. Page 0022
  23. Page 0023
  24. Page 0024
  25. Page 0025
  26. Page 0026
  27. Page 0027
  28. Page 0028
  29. Page 0029
  30. Page 0030
  31. Page 0031
  32. Page 0032
  33. Page 0033
  34. Page 0034
  35. Page 0035
  36. Page 0036
  37. Page 0037
  38. Page 0038
  39. Page 0039
  40. Page 0040
  41. Page 0041
  42. Page 0042
  43. Page 0043
  44. Page 0044
  45. Page 0045
  46. Page 0046
  47. Page 0047
  48. Page 0048
  49. Page 0049
  50. Page 0050
  51. Page 0051
  52. Page 0052
  53. Page 0053
  54. Page 0054
  55. Page 0055
  56. Page 0056
  57. Page 0057
  58. Page 0058
  59. Page 0059
  60. Page 0060
  61. Page 0061
  62. Page 0062
  63. Page 0063
  64. Page 0064
  65. Page 0065
  66. Page 0066
  67. Page 0067
  68. Page 0068
  69. Page 0069
  70. Page 0070
  71. Page 0071
  72. Page 0072
  73. Page 0073
  74. Page 0074
  75. Page 0075
  76. Page 0076
  77. Page 0077
  78. Page 0078
  79. Page 0079
  80. Page 0080
  81. Page 0081
  82. Page 0082
  83. Page 0083
  84. Page 0084
  85. Page 0085
  86. Page 0086
  87. Page 0087
  88. Page 0088
  89. Page 0089
  90. Page 0090