Assigning ownership. Having identified the key strategic risks, the responsibility for managing them must be allocated. Whereas the Chief Executive Officer remains personally accountable for the organisation as a whole and for its risk management, a framework of senior level delegation of the key risks is essential to effective risk management. The delegation of responsibility has been effected in the Risk Implementation Plan by assigning ownership of every risk element to an appropriate position in Mintek.
Appears in 4 contracts
Samples: Shareholder Performance Agreement, Shareholder Performance Agreement, Department of Mineral Resources
