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									                                                                                                                                                       AC0608(9) Annex 1

EEDA Corporate Risk Register 2008/09


  Ref.                                         Risk                                            Risk Owner            Governance           Likelihood   Impact    Overall Score

Strategic Risk

          Failure to influence regional and national partners to contribute effectively to
    1                                                                                         Jamie Merrick      Chief Executives Group      2.7        3.3           8.9
          RES implementation

          Failure to deliver EEDA corporate objectives as set out in the Corporate
    2                                                                                         Jamie Merrick      Chief Executives Group      3.2        3.2          10.2
          Plan 2008-11

          Sub-National Review will impact negatively on RDAs and on regional
    3                                                                                         David Marlow            EEDA Board             5.0        4.2          21.0
          development.
Reputational Risk


    4     Increased media scrutiny or media investigations                                   Rachel Bosworth     Chief Executives Group      3.8        2.5           9.5



    5     Partner relations and associated delivery are not managed adequately               Rachel Bosworth     Chief Executives Group      4.0        3.8          15.2



    6     Poor public perception of EEDA delivery                                            Rachel Bosworth     Chief Executives Group      3.3        3.2          10.6


          Poor results arising from inspections impact adversely on EEDA's
    7                                                                                         Peter Watson       Chief Executives Group      4.2        3.0          12.6
          reputation

External Risk
          Failure by EEDA to influence key players to mitigate the effects of an
    8                                                                                         Jamie Merrick       Strategy Committee         4.2        3.7          15.5
          economic downturn

    9     EEDA is unable to respond to longer term political changes effectively                  Chair               EEDA Board             4.3        3.8          16.3

Delivery Risk

          Resources are not adequate to support the achievement of EEDA
   10                                                                                         Peter Watson        Resource Committee         4.7        3.8          17.9
          objectives

   11     EEDA programmes do not deliver objectives                                          Relevant Director   Chief Executives Group      4.0        3.7          14.8


   12     EEDA projects do not deliver objectives                                            Relevant Director   Chief Executives Group      4.0        3.3          13.2

Risks to key Business Processes

   13     Internal cultural issues hinder EEDA's progress towards agreed objectives           David Marlow       Chief Executives Group      3.3        3.3          10.9


          Internal management issues prevent EEDA from discharging its agreed
   14                                                                                         Peter Watson       Chief Executives Group      3.5        3.7          13.0
          agenda


   15     Business continuity arrangements are not adequate to respond effectively            Peter Watson       Chief Executives Group      2.7        3.8          10.3

          Management information is not sufficient to enable accurate and timely
   16                                                                                        Rachel Bosworth     Chief Executives Group      3.7        3.0          11.1
          decision making


   17     Internal processes are not adequate and do not support EEDA's objectives            Peter Watson       Chief Executives Group      4.0        3.2          12.8




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