Managing Indigenous Organisations

The Strategic Planning Process

One of the most important forward-looking initiatives any Indigenous organisation can take is to prepare a definitive strategic plan, looking at least 5 years ahead. A strategic plan sets the strategic direction of the organisation and translates the organisation's vision into a roadmap over the next few years, showing how it will carry out its mission. Without a clear, documented strategic plan, your priorities will change from time to time depending on external stimuli at the time. You will not have clear milestones against which to measure progress, nor will you have measurements on whether or not you are fulfilling the mandates provided by your members. With a strategic plan you can look clearly ahead at least 5 years and set targets as goals, ensuring that each year, you are moving toward ultimately achieving your organisation's vision and purpose. (more…)...
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Prioritising Risks During Risk Management Planning

In Risk Management Planning, you take 6 steps in order to prepare a Risk Management Plan for your organisation, to be prepared for the risks that face your organisation. The 6 steps are:
  1. Identify all the risks
  2. Assess the risks
  3. Map the risks into a Risk Matrix
  4. Create strategies to manage the risks
  5. Manage the Risk Management Plan itself
  6. Monitor, test and evaluate
However, when we identify all the risks, the list is likely to be a long list and potentially overwhelming. It is impossible to do everything at once, so there must be a method to prioritise the risks that you have identified and create suitable prioritised strategies. (more…)...
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The Risk Management Planning Process

OTS Management has produced an online training/workshop for the use of Indigenous organisations in their Risk Management Planning. The video embedded into this article is an excerpt from the lesson introducing the process of Risk Management Planning and has been edited to under 10 minutes from the original 20-minute lesson. We use it in this article to help introduce the 6 steps in Risk Management Planning, that you can implement yourself. Risk Management Planning is all about "being prepared" so that when the worst-case scenario happens you have contingency plans. In the best-case, Risk Management Planning allows you to have managed the risk so that the impact when it happens has been reduced. (more…)...
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Happy New Year! And Some Tips For 2021

Happy New Year to all our "Managing Indigenous Organisations" readers. It's been a full-on year for leaders and managers of Aboriginal & Torres Strait Islander corporations so we send you our best wishes for a happy new year ahead! We hope you have scheduled some time off to spend with family and friends and enjoy a break. But in looking forward to 2021 we also wanted to give you some tips about some initiatives for the next year, aimed at continuing to grow and improve your corporation. 1. Review or prepare your strategic plan Before it all starts again, review your strategic plan. Do you need to make any amendments due to changed circumstances? If you don't have a strategic plan, consider preparing one to help you steer toward your ultimate goals. 2. Update or prepare your Policies and Procedures Over time, your Policy & Procedures manual can get overtaken by changes in personnel and their slight changes to how things are done. A good and accurate record of your Policies and Procedures can improve efficiency by over 50% just because it promotes efficient and authentic procedures. 3. Review your financial performance Half-way through a financial year is a great time to review where you are between budget and...
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