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Key Questions the Board Should Ask About Governance and Risk

  1. What are the most significant risks faced by the School Board and do we have a strategy in place to mitigate these?
  2. What is our risk appetite and tolerance levels in each of these areas?
  3. Are we taking the right amount of risk?
  4. How well is our risk management plan integrated with our strategic plan?
  5. How effective are our controls? And, are we “in control”?
  6. How well are risks being managed by the Director of Education?
  7. How appropriate is the information received by the board relative to our risks? (Is it the right information, at the right level, in the right format?)
  8. How confident are we in the information we receive at the board level?
  9. How well are we monitoring and evaluating at risks at the board level?
  10. What can we learn from our actual results?

Section 2 Supplemental Resource Document

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Section 2 Chapters

  • Section 1
  • Section 2
    • What Board Members Need to Know About Governance and Risk
    • Risk Management and Oversight
    • Performance Reports and Monitoring
    • Evaluating Performance
    • The Board’s Role in Communications and Stakeholder Engagement
    • Key Questions the Board Should Ask About Governance and Risk
    • Section 2 Supplemental Information
  • Section 3
  • Section 4
  • Appendix 1: Other Education Programs
  • Appendix2: Acronyms and Abbreviations
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