CIPFA is delighted to announce that the Alarm CIPFA Risk Management Benchmarking Club has been shortlisted for Risk Management Product of the Year at the StrategicRISK European Risk Management Awards 2012.
The Benchmarking Club has already been given the accolade of ‘Best Risk Management Product of the Year’ at the 2011 Risk Management Awards.
The Alarm CIPFA Risk Management Benchmarking Club, launched in 2010, is a joint initiative that was based on CIPFA Information Service’s successful benchmarking club methodology and Alarm’s National Performance Model for Risk Management in Public Services.
In its first year, the Club attracted 117 public service organisations as members – each self-assessing their own risk management performance and receiving reports comparing this against the performance of their peer groups.
The Awards, which are now in their eleventh year, recognise achievements from across the public and private sectors and the Risk Management Product category focuses on products that have delivered measurable effectiveness. The winner will be announced in May.
Jon Graham, Managing Director of CIPFA, said,
“It is a great achievement that the quality of our Benchmarking Club has once again been recognised. This nomination is a testament to CIPFA’s and Alarm’s joint expertise and to the value of the product which really helps risk management professionals to deliver the best for their organisations.
Dr Lynn Drennan, CEO of Alarm said,
“We are delighted that the Benchmarking Club has been recognised as an outstanding product for the second time. We think it is highly important for the public sector to have the opportunity not only to assess their organisation’s risk management maturity, but also to see how this could be improved. At a time of reduced funding, it’s important that we continue to promote best practice in public risk management as a means of ensuring the most effective use of limited resources.”
CIPFA Press Office
T: 020 7543 5600
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning.
Alarm, the public risk management association, represents members in the risk, insurance, finance, health & safety, emergency planning and business continuity professions. Members are drawn from across the public services, including national and local government, health, housing, education, police and fire & rescue services. Alarm’s mission is supporting excellence in public services. The association is achieving this mission through developing and supporting best practice in public risk management, representing the interests of public risk practitioners and promoting excellence in the use of risk management.