Reduced ability to deliver the TasNetworks Workforce planning to identify emerging Depth of capability The depth of capability required to deliver strategic objectives. capability gaps and implement attraction, the strategic objectives is not maintained. Longer-term flow-on impact to maintain a retention and development strategies to safe and reliable network. respond. Knowledge transfer between transmission and distribution business expertise following integration. Limiting the effectiveness of the Enterprise Agreement strategy aligned to the – Enterprise Agreement The Enterprise Agreement negotiations do transformation program. strategic direction of TasNetworks. not deliver outcomes that support the Reduction in quality of network services for Enterprise Agreement project team, with future direction of TasNetworks. customers. experienced personnel forming the negotiation Impact on staff morale and productivity team. Comprehensive communications strategy for stakeholders. Reduced ability to deliver sustainable 2017 distribution determination project – 2017 distribution determination 2017 distribution determination does not outcomes to shareholders and maximise strategy, governance, people and processes. deliver revenue allowances that reflect the value for customers. Comprehensive customer consultation to proposal and support stakeholder understand the customer value drivers and expectations. expectations. Stakeholder education and management strategy. Debt management strategy. Inability to deliver the lowest sustainable Customer consultation as part of the 2017 Sustainable and predictable Distribution tariff strategy does not deliver prices to customers. distribution determination. pricing sustainable and predictable pricing Increasing information and education for frameworks to customers. customers. Stakeholder education and management strategy. Negative reputational impacts. Comprehensive project governance and Transformation costs Major transformation projects significantly Reduced profitability. management for transformation projects. exceed the agreed budget. Organisational engagement and change management programs. Fatality or permanent impairment to an Asset planning, strategy and maintenance. Widespread disruption to Widespread disruption to the supply employee or member of the public. Network design (e.g. incorporation of storm power supply potentially leading to a system black Material damage to customer assets. protection). condition or long-term rotational load Loss of confidence in network operations Strength of existing network control operations shedding. and sustained reputational damage. (including network operation and control system and supervisory control and data acquisition infrastructure). Emergency management, disaster recovery and contingency planning (including operational level scenario planning and testing). Continual engagement with stakeholders.
Depth of capability The depth of capability required to deliver the strategic objectives is not maintained. Reduced ability to deliver the TasNetworks strategic objectives. Longer-term flow-on impact to maintain a safe and reliable network. Workforce planning to identify emerging capability gaps and implement attraction, retention and development strategies to respond. Knowledge transfer between transmission and distribution business expertise following integration. Enterprise Agreement The Enterprise Agreement negotiations do not deliver outcomes that support the future direction of TasNetworks. Limiting the effectiveness of the transformation program. Reduction in quality of network services for customers. Impact on staff morale and productivity Enterprise Agreement strategy – aligned to the strategic direction of TasNetworks. Enterprise Agreement project team, with experienced personnel forming the negotiation team. Comprehensive communications strategy for stakeholders. 2017 distribution determination 2017 distribution determination does not deliver revenue allowances that reflect the proposal and support stakeholder expectations. Reduced ability to deliver sustainable outcomes to shareholders and maximise value for customers. 2017 distribution determination project – strategy, governance, people and processes. Comprehensive customer consultation to understand the customer value drivers and expectations. Stakeholder education and management strategy. Debt management strategy. Sustainable and predictable pricing Distribution tariff strategy does not deliver sustainable and predictable pricing frameworks to customers. Inability to deliver the lowest sustainable prices to customers. Customer consultation as part of the 2017 distribution determination. Increasing information and education for customers. Stakeholder education and management strategy. Transformation costs Major transformation projects significantly exceed the agreed budget. Negative reputational impacts. Reduced profitability. Comprehensive project governance and management for transformation projects. Organisational engagement and change management programs. Widespread disruption to power supply Widespread disruption to the supply potentially leading to a system black condition or long-term rotational load shedding. Fatality or permanent impairment to an employee or member of the public. Material damage to customer assets. Loss of confidence in network operations and sustained reputational damage. Asset planning, strategy and maintenance. Network design (e.g. incorporation of storm protection). Strength of existing network control operations (including network operation and control system and supervisory control and data acquisition infrastructure). Emergency management, disaster recovery and contingency planning (including operational level scenario planning and testing). Continual engagement with stakeholders.
TASNETWORKS_CORPORATE_PLAN_2015.docx