Unlikely 2 Low Low Moderate High High 3 Low Moderate High High Extreme Possible Likely 4 Low Moderate High Extreme Extreme Almost 5 Moderate High High Extreme Extreme Certain Risk Grading Criteria Impact Ratings – The Board of <INSERT ORGANISATION NAME> has resolved that risk be assessed over the following categories in relation to impact (consequence): Financial impact on <INSERT ORGANISATION NAME> finances – Operational impact on provision of <INSERT ORGANISATION NAME> products, – projects and services Brand/Reputational impact on <INSERT ORGANISATION NAME> brand and – general credibility Physical/Safety impact on the safety and well-being of people – Regulatory/Legal impact on <INSERT ORGANISATION NAME> regulatory – exposure impact on corporate knowledge / continuity People – (Impact ratings and criteria are shown on the next page) Impact levels and criteria are shown in the following table: Financial Operational Physical/ Regulatory/ People/ Reputational Safety Legal Participation More than Unable to Collapse of Death or total Criminal Active $100,000 deliver product/ organisation. permanent prosecution of participation services in a Major inquiry disability of organisation declines by region. into systemic player/ and/or Board more than 25%. A risk that can Widespread misconduct. participant due due to failure to prove migration of Wholesale to compromised comply with the catastrophic or 5 members to resignation of safety law. terminal for the competitor Board Members standards. whole organisation. or Senior Preventable Extreme organisation. Prohibited from Management. death of a delivering member of the competition at public. any level. More than Widespread Loss of affiliated Serious injury of Civil action Active $25,000 but failure or loss of clubs/providers. player/ against participation Risks which can less than product/service Investigation of participant due organisation declines by significantly $100,000 standards. serious to compromised and/or Board more than 15%, jeopardise some Increasing individual safety due to but less than IMPACT migration of misconduct. standards. negligence. 25%. aspects of the 4 organisation, but members to Loss of Preventable New regulations High which will not competitor significant skills serious injury of that impede result in organisations’. from Board or member or operations. organisational Unable to Senior public. failure. deliver the Management. National Championships.
Unlikely 2 Low Low Moderate High High Possible 3 Low Moderate High High Extreme Likely 4 Low Moderate High Extreme Extreme Almost Certain 5 Moderate High High Extreme Extreme Risk Grading Criteria – Impact Ratings The Board of <INSERT ORGANISATION NAME> has resolved that risk be assessed over the following categories in relation to impact (consequence): Financial – impact on <INSERT ORGANISATION NAME> finances Operational – impact on provision of <INSERT ORGANISATION NAME> products, projects and services Brand/Reputational – impact on <INSERT ORGANISATION NAME> brand and general credibility Physical/Safety – impact on the safety and well-being of people Regulatory/Legal – impact on <INSERT ORGANISATION NAME> regulatory exposure People – impact on corporate knowledge / continuity (Impact ratings and criteria are shown on the next page) Impact levels and criteria are shown in the following table: Financial Operational Reputational Physical/ Safety Regulatory/ Legal People/ Participation IMPACT 5 Extreme A risk that can prove catastrophic or terminal for the whole organisation. More than $100,000 Unable to deliver product/ services in a region. Widespread migration of members to competitor organisation. Prohibited from delivering competition at any level. Collapse of organisation. Major inquiry into systemic misconduct. Wholesale resignation of Board Members or Senior Management. Death or total permanent disability of player/ participant due to compromised safety standards. Preventable death of a member of the public. Criminal prosecution of organisation and/or Board due to failure to comply with the law. Active participation declines by more than 25%. 4 High Risks which can significantly jeopardise some aspects of the organisation, but which will not result in organisational failure. More than $25,000 but less than $100,000 Widespread failure or loss of product/service standards. Increasing migration of members to competitor organisations’. Unable to deliver the National Championships. Loss of affiliated clubs/providers. Investigation of serious individual misconduct. Loss of significant skills from Board or Senior Management. Serious injury of player/ participant due to compromised safety standards. Preventable serious injury of member or public. Civil action against organisation and/or Board due to negligence. New regulations that impede operations. Active participation declines by more than 15%, but less than 25%.
Risk-management-policy-template.docx