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230621AUCtteePaper4RiskAppetiteWorkshop

For Dis­cus­sion

Title: Risk Appet­ite Workshop

Pre­pared by: Dav­id Camer­on, Deputy Chief Executive

Annex: Eliza­beth Young, Chief Intern­al Aud­it­or; Stephanie Hume, Seni­or Audit Man­ager, Azets

Pur­pose

This paper presents the sum­mary out­comes of the risk appet­ite work­shop facil­it­ated by Azets.

Recom­mend­a­tions

The Audit & Risk Com­mit­tee is asked to:

a) Review the work­shop out­puts and con­sider the next steps in embed­ding risk appet­ite as agreed by the board in the Park Authority’s stra­tegic risk man­age­ment approaches.

Exec­ut­ive Summary

On 26 May 2023, Azets facil­it­ated a work­shop with the Cairngorms Nation­al Park Author­ity Board and Seni­or Man­age­ment with the aim of defin­ing the Risk Appet­ite of the Board. With 14 attendees present, dur­ing the course of the work­shop each attendee was asked to inde­pend­ently score the appet­ite for each risk cat­egory. Util­iz­ing this inform­a­tion, we were able to build a pic­ture of the over­all appet­ite of the Board and management.

The out­comes of the work­shop are sum­mar­ised in the Annex to this paper to sup­port con­sid­er­a­tion of the next steps in embed­ding risk appet­ite with­in the Park Authority’s approaches to stra­tegic risk management.

Dav­id Cameron

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