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