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2022-09-12 General Committee Meeting Agenda
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GENERAL COMMITTEE MEETING AGENDA 12 SEPTEMBER 2022
Page 61 of 85
GENERAL COMMITTEE MEETING AGENDA 12 SEPTEMBER 2022
COUNCIL POLICY - ENTERPRISE RISK & OPPORTUNITY MANAGEMENT
ZERO ECONOMIC
DEVELOPMENT
Risk Appetite Statement
Council is open to opportunities which increase economic prosperity in the Shire aligned to Council's
sustainability principles, Local Economic Plan, Noosa Plan and Noosa Tourism strategy and in line with
financial sustainability requirements.
Risk Tolerance Statement
Council will NOT tolerate: Council will Council encourages:
¢ Decisions that are significantly out of alignment Roles ¢ Council decisions to
with Council’s future Economic Strategy and/or ¢ Minor pursue opportunities
Sustainability Principles (which are: sustainably unforeseen which enhance Noosa's
managed resources, good governance, impacts of its economic resilience
protective of unique environment, values decisions on and/or prosperity, within
diversity, accessibility and affordability, economic the boundaries of the 10
inclusive, connected and resilient, encourages development. risk appetite and
participation and information sharing, quality tolerance statements.
places and programs, enhancing wellbeing, « Engagement and
creative, active lifestyles). partnership with Noosa’s
¢ Council decisions which cause a sustained business community for
reduction in GRP. the benefit of the Shire.
Risk Appetite Statement
Having regard to ethical decision making, Council decisions will be based on good governance,
engagement principles and a strong governance framework. Council has a low appetite to take risks which
may impact its reputation. Council believes the community should have a voice which should be listened
to, and for this reason it will be open to providing opportunities for increased community engagement,
greater transparency and in doing so is prepared to accept criticism and negative media attention where
the potential outcome benefits are high.
Risk Tolerance Statement
Council will NOT tolerate: Council will tolerate: Council encourages:
¢ Improper, unethical, corrupt, ¢ Isolated minor incidents, ¢ Employees to engage
unprofessional behaviour or failure to act concerns and complaints with the community in
in accordance with Council values and that can be resolved by alignment with the
policies. management. Community
¢ Failure to act or make decisions in a fair, ¢ Moderate adverse local Engagement
honest, transparent and accountable media or social media Framework (currently
manner. scrutiny where actions or under review).
¢ Failure to avoid or appropriately manage decisions have been
conflicts of interest. carefully considered and
¢ Failure to consult or involve the documented.
community in significant changes or key ¢ Minor complaints relating
decisions. to action which delivers
+ Failure to promptly notify Director(s) of longer term benefits to
significant incidents that may impact the community.
Council's reputation.
¢ Failure to respond to complaints ina
prompt and professional manner.
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