Managing Risk

Our Risk Toolkit is an effective tool to identify, manage, assess and mitigate risks then report on these to academy and trust leaders. Our toolkit enables effective scrutiny by Trustees and provides a stable basis in which to secure assurance through internal scrutiny.

Built to support Trusts compliance with the Academies Handbook and in accordance with the latest guidance from the Department for Education in respect of Internal Scrutiny, our Toolkit has the following benefits:

• Centralised register of risks across the Trust, including standardised categorisation.
• Academy and Trust specific risks, determined by your scheme of delegation.
• Consolidated profile of risk across the Trust, consolidating individual academy risks into a trust-wide view alongside individual academy views.
• Trust and Academy controls to reflect individual contexts.
• Tracking of changing risk profiles, including increasing and decreasing risk profile.
• Linked notifications of events and changes to circumstances that affect a risk rating.
• Reporting outputs with commentary by Academy and Trust.

Our Risk Toolkit enables Trusts to:

• Streamline the process to capture, record and monitor risks across the Trust.
• Provide a way to validate risk controls and enable high quality line management discussions.
• Reduce the time and workload needed to manage risks.
• Automate notifications and prompt management intervention when something changes.

education, partnership and innovation. Our guiding principles to ensure holistic support and transformative software for the educational sector