2006-2009 THREE YEAR INDEPENDENT REVIEW OF PERFORMANCE

In compliance with the Statutory Funding Agreement (SFA), in 2009 AWI conducted an independent review of performance prior to the 2009 WoolPoll.

Areas identified for improvement included:

• Position and role in the industry; company structures and processes; strategy; measurement and reporting; internal structures for planning and evaluation; consultation and engagement; corporate governance; appointment of directors; risk, fraud and intellectual property; documentation and communication
• A specific recommendation was that AWI conduct a one-year-on independent review of performance for the 2009/10 period. This requirement was enforced by a special clause in AWI’s 2010-2013 SFA, negotiated following WoolPoll 2009

To view the report, click here (PDF 328Kb).

2009/10 ONE YEAR INDEPENDENT REVIEW OF PERFORMANCE

As a requirement of the Statutory Funding Agreement, AWI conducted a one-year-on independent review of performance for 2009/10, to assess progress with implementing recommendations from the 2006-2009 three-year review.
The 2009/10 one-year-on independent review of performance noted significant progress by AWI in all areas assessed.

Key outcomes included progress in the following areas:

• Position and role in the industry; company structures and processes; and conducting the one-year-on independent review of performance
• The review concluded that AWI had addressed all recommendations of the 2006-2009 independent review of performance

Areas identified for improvement included:

• Strategy setting process; measurement and reporting; internal structures for planning and evaluation; consultation and engagement; corporate governance; appointment of directors; risk, fraud and intellectual property; documentation and communication.

To view the report, click here (PDF 816Kb).

2010/11 VOLUNTARY ONE YEAR INDEPENDENT REVIEW OF PERFORMANCE

Following completion of the 2009/10 independent review of performance AWI volunteered to conduct an additional independent review of performance in 2010/11.

Key outcomes of the 2010/11 independent review included progress in the following areas:

• Strategic direction; strategy setting process; internal structures for planning and evaluation; staff performance management; board governance

Major recommendations included:

• expanding the biennial stakeholder survey to cover all stakeholders; and
• implementation of monitoring and evaluation framework

Minor recommendations included:

• public release of Annual Operating Plan; greater integration of stakeholder engagement in planning; clarification of AWI role’s in the global industry context; and improved strategic planning framework documentation.

To view the report, click here (PDF 1.44Mb).