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Strategic intentions 2023-2028
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The way we work
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Managing risk
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Strategic intentions 2023-2028
- Statements of responsibility
- Minister's foreword
- Chief Executive’s introduction | He Kupu Whakataki nā te Tumu Whakarae
- About MBIE
- Summary
- Supporting Government priorities
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Our strategic intentions
- Outcome 1: Prosperous and adaptable people, sectors and regions
- Outcome 2: Skilled people engaged in safe and productive work
- Outcome 3: Competitive markets with informed consumers and businesses
- Outcome 4: Strong and resilient economy and value derived from natural resources
- Outcome 5: Dynamic business environment fostering innovation and international connections
- The way we work
- Annex 1: Measures and indicators
Managing risk
Managing risk is an integral part of our business. Our risk management practices help us to clarify goals and objectives, identify what might stand in the way of their achievement and take appropriate action to mitigate risks.
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These practices also help us identify opportunities to exceed expectations, including adopting new and innovative approaches to our work.
The aim is to realise improved value from risk and assurance activities and prioritise the allocation of resources to those areas of greatest risk to MBIE.
As a result of proactively managing our risks, we expect to see increased trust and confidence of Ministers, external stakeholders and members of the public.
MBIE has established a 3-year risk management strategy that focuses on improving risk leadership and direction, people and development, processes and tools and overall business performance.
One of the strategy’s main deliverables is the Risk Management Training Programme. The training programme is available to all staff and caters to varying levels of risk expertise, from the foundational level to the more advanced risk practitioner level. More than 600 MBIE staff have participated in the training since its inception in 2023.