Approve strategic outcomes and direct management to develop plan, including KPIs
Review plan, set KPIs and report baseline metrics and approve reporting structure
Identify risks and assign to relevant board committee and management members for oversight
Receive first report on plan progress and collaborate with leadership on recommended next steps
Review and accept risk mitigation plans
Receive fall report on key drivers of fiscal position and assign follow-up action to committees and leadership
No action required
Review progress to plan, discuss mid-course corrections and discuss/approve required investments or changes in allocations (positive or negative)