UKGI00005914
UKG100005914
Shareholder
Executive
HM Government
ShEx Dashboard
September 2015
(Work in progress: updates to Michael Dollin)
OFFICIAL - SENSITIVE
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Mission Statement
The Shareholder Executive provides corporate finance expertise and advice across Government.
Gurmcsion ie Ensure the Government is an effective and intelligent shareholder in its part or wholly-owned businesses.
toi Manage Government's interventions in the private sector to secure best value for the tax payer.
We manage the Government's shareholder relationships with its wholly or partly owned businesses
What do we do to We provide corporate finance expertise and advice to Government Departments to ensure the taxpayer gets the
deliver our
best value from the assets it owns
,
mission? We deliver growth and boost the economy in new and innovative ways, - via entities like thé IRRELEVANT I
i IRRELEVANT thelping finance markets to”
smaller businesses.
By recruiting, motivating, developing and supporting outstanding PEOPLE from the private sector and from
How do we within the Civil Service
deliver our
mission? By ensuring we have the right PROCESSES in place to take on appropriate new business, identify and mitigate
risk, maintain workforce flexibility, and manage our knowledge and information.
How Go we We have a balanced performance scorecard, reviewed monthly by our Executive Committee and which our
Board reviews quarterly
measure
success?
Shareholder
Executive
HM Government ?
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Governance (1/5)
ak : nh ee en IL me
—
I I 90% of top three annual priorities set out in ShEx Investment Reviews are met Last Review date
I I Ensure the taxpayer gets I by 31% March 2016 I
I Governance best value from its = Risk reduced
assets 90% of ShEx investment review traffic light analysis at either [amber/green or = Risk increased
I green] No risk change
I
I
I
I I
I I
L } a I
: Governance - Top Priorities —
I I
I Ensure POL on track to break even (excluding subsidy) by 2017/18 I Oo & 7]
I Commence consultation on national access criteria before Christmas 2015 \I (9) © (©)
Conclude the Network Transformation programme before end 2017/18. I I
I Protect 3,000 rural branches as per the Government’s manifesto commitment. I
Minimise POL exposure (financial and reputational) to Project Sparrow (Horizon IT system). I
I
- IRRELEVA
Implementation Quality of
areholder Stakeholder Financial Balance
Relationship of Shareholder Management Strategy Performance Sheet & Risk
Executive Model Team & Board 3
HM Government
=
—I
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE @ = Risk reduced
@ = Risk increased
Governance (2/5) I@>= Noriskenange I
IRRELEVANT
implementation Quality of
@ Shareholder Reatoanp ED esc" BP werenen EP sey Dinan MD Sa
Executive “ is Model Team & Board
UKGI00005914
UKGI00005914
OFFICIAL - SENSITIVE I @ = Risk reduced
@ = Risk increased
Governance (3/5) I@>= Noriskenange I
IRRELEVANT
Shareholder Implementation 9 Quality of
i Stakeholder of Shareholder Management Strate Financial Balance
Executive Relationship 8 iia Performance Sheet & Risk
Model Team & Board 5
Het Government
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE I @ = Risk reduced
@ = Risk increased
Governance (4/5) I@>= Noriskenange I
IRRELEVAN
Shareholder
Executive
Stakeholder implementation Quality of Financial Balance
Relationship HE) ofsharehotder GJ amazement EB seater WB poresmance Sheet & Rsk
hs p Model Team & Board 6
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE @ = Risk reduced
@ = Risk increased
Governance (5/5) I @= novskerange I
IRRELEVANT
implementation Quality of
@ Shareholder Reatoanp ED esc" BP werenen EP sey Dinan MD Sa
Executive “ is Model Team & Board
Governance and Corporate Finance Projects (1/4) I©>= norikchange I
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE I @ = Risk reduced
@ = Risk increased
IRRELEVANT
Shareholder
Executive
HM Government
Governance key im
plementation Quality of ,
Stakeholder Financial Balance
Relationship WD 2 shareholder Management Strategy Performance Sheet & Risk
Mode! Team & Board
CF Project ke Resources Stakeholder Alignment: On Track: assessment Completed: Project
BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against EB) concluded, including
budget, etc. project plan plan close-out review 8
UKGI00005914
UKGI00005914
OFFICIAL - SENSITIVE I @ = Risk reduced
@ = Risk increased
Governance and Corporate Finance Projects (2/4) I= Noriskcnange I
IRRELEVANT
Governance key Implementation Quality of
Stakeholder Financial Balance
Relationship WD 2 shareholder Management Strategy Performance Sheet & Risk
8 Model Team & Board
@) Shareholder aan
, GE Project ke Resources Stakeholder Alignment: On Track: assessment Completed: Project
ShEx role agrees Secured: team, on key objectives an: of progress against concluded, including
ShEx role agreed Sd key obj dD of progress ag EB) concluded, including
iM Goveramene budget, etc. project plan plan close-out review 9
UKGI00005914
UKGI00005914
OFFICIAL - SENSITIVE I @ = Risk reduced
@ = Riskincreased I
(@- No risk change I
Governance and Corporate Finance Projects (3/4)
IRRELEVANT I
Governance key Im
Governance key plementation Quality of .
Stakeholder Financial Balance
Relationship WD 2 shareholder Management Strategy Performance Sheet & Risk
x Model Team & Board
@) Shareholder aan
, GE Project ke Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against £3) concluded, including
iM Goveramene budget, etc. project plan plan close-out review 10
UKGI00005914
UKGI00005914
OFFICIAL - SENSITIVE I @ = Risk reduced
@ = Risk increased
I@O= Norisk change I
Governance and Corporate Finance Projects (4/4)
IRRELEVANT
Governance key im '
plementation Quality of ,
Stakeholder Financial Balance
Relationship WD 2 shareholder Management Strategy Performance Sheet & Risk
Mode! Team & Board
@) Shareholder aan
, GE Project ke Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, (EB on key objectives and of progress against concluded, including
iM Goveramene budget, etc. project plan plan close-out review 11
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Corporate Finance Projects (1/3)
IRRELEVANT
@® Shareholder [ermroearer
: Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against 3) concluded, including
Hm Government budget, etc. project plan plan close-out review 12
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Corporate Finance Projects (2/3)
IRRELEVANT
@® Shareholder [ermroearer
: Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against 3) concluded, including
Hm Government budget, etc. project plan plan close-out review 13
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Corporate Finance Projects (3/3)
IRRELEVANT
@® Shareholder [ermroearer
: Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against 3) concluded, including
Hm Government budget, etc. project plan plan close-out review 14
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Special Situations Projects (1/2)
IRRELEVANT
@® Shareholder [ermroearer
: Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against 3) concluded, including
Hm Government budget, etc. project plan plan close-out review 15
UKGI00005914
UKGI00005914
OFFICIAL - SENSITIVE
Special Situations Projects (2/2)
IRRELEVANT
@® Shareholder [ermroearer
: Resources Stakeholder Alignment: On Track: assessment Completed: Project
Executive BB shexcote agreed EQ secured: team, BJonkey objectives and (iP of progress against 3) concluded, including
Hm Government budget, etc. project plan plan close-out review 16
UKGI00005914
UKG100005914
OFFICIAL - SENSITIVE
Operational Objectives
Status (updated
on lang hes monty)
Clients are satisfied ‘ see
(Robert Swannell) 90% of the feedback from key Whitehall stakeholders is positive
Overarching
[X/X] Meetings Positive
* End- May:
. ShEx remains VFM rrr copa” . . . _ Total spend [£350k]
Finance (Rachel James) ShEx to remain within its annual “core” admin budget - £11.025m in 2015-16 + []% forecast
_I _ I___[under]fover]spend
Workforce: 92 (G7+ :36 public,
37 private)
. ror . . . 7 SCS: [] % women
a . Flexible: Maintain a workforce of 95 in ShEx (+/- 10%), which (at G7 and above) is split [] % completion; engagement
engened high petoring 50/50 (+/- 5%) between people with public/private sector backgrounds index 58% ’
People and diverse and engaged piverse: Aim or anne women aes in nex ; . 1 index stable I flowing chaser- 32% of ShEx
workforce ngaged: of staff complete annual people survey; overall engagement index stable replied, Of these 91% PDP
(Rachel James) ; year-on-year notwithstanding uncertainty associated with UKGI transition completion; 27%
High performing: Everyone to have a PDP and to complete at least 5 L&D days
completed 5 L&D days. 83%
of respondents have
completed 1+ L&D days.
ShEx identifies and reviews all major risks using portfolio reviews, project monitoring and
ExCo discussions.
Risk is minimised to the
Risk Registers last updated
. ° The Risk Committee ensures that proposed mitigating actions are followed up within two [DATE]
Risk fullest extent possible prnenePn . I
(Rachel James) weeks of identification Risk action log completed [ ]
No material risk is missed and no such risk identified is then not mitigated as far as with [ ] outstanding actions
possible
ShEx makes a corporate
contribution to ShEx, BIS
or OGDs
(Rachel James)
I I
Shareholder
Executive
HM Government
Everyone has a clear corporate contribution objective
Corporate 95% of corporate contribution objectives are met
[ ]% of corporate contribution
objectives met
17