2026 AWI Review of Performance

RECOMMENDATION

Develop and implement an integrated Stakeholder Engagement Framework (SEF)

DESCRIPTION SUMMARY

Develop and implement an integrated Stakeholder Engagement Framework (SEF) that defines communication, consultation and extension activities, establishes engagement objectives and accountability measures, and includes processes for documenting.

IMPLEMENTATION PLAN

AWI will develop and implement a Stakeholder Engagement Framework that articulates how AWI engage across the various industry representatives.   

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Establish a Consultation for Investment Planning Guide (IPG)

DESCRIPTION SUMMARY

Establish a Consultation for Investment Planning Guide (IPG), aligned with the Stakeholder Engagement Framework (refer to recommendation 1), that defines consultation objectives, timing, stakeholder cohorts, feedback collection methods, and public reporting requirements demonstrating how consultation outcomes have informed strategic and annual operating plans.

IMPLEMENTATION PLAN

This will be incorporated into the Stakeholder Engagement Framework including more dedicated channels on inputs to the strategic planning process.

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Update and formalise the governance arrangements for WICP and WCG  

DESCRIPTION SUMMARY

Update and formalise the governance arrangements for WICP and WCG through revised Terms of Reference that more clearly define membership, roles, responsibilities, decision-making processes, reporting obligations, voting rights, and expectations for participant preparation and engagement.  

IMPLEMENTATION PLAN

AWI will review the Terms of Reference of the WICP/WCG.

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Update the Intellectual Property Management Policy  

DESCRIPTION SUMMARY

Update the Intellectual Property Management Policy to align with the RDC Knowledge Transfer and

Commercialisation Guide (the Guide) and designate clear organisational responsibility for intellectual property

management, commercialisation opportunities and knowledge transfer activities.

IMPLEMENTATION PLAN

The IP Management Policy will be reviewed and updated to align further with the RDC Knowledge Transfer and Commercialisation Guide.  

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Update the Board Nomination process  

DESCRIPTION SUMMARY

Update the Board Nomination process to reflect that:-

– The Board Nomination Committee Charter should be updated to reflect that any previous Directors are excluded from serving as a member of the Board Nomination Committee until at least two election cycles have passed.

– Candidates are nominated by the BNC with reference to the refreshed board skills matrix (refer to Recommendation 7)

– The process to determine director retirement and re-election sequencing is through a documented rotation framework with pre-determined criteria.

IMPLEMENTATION PLAN

AWI will review the Board Nomination process.

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

People and Culture Agenda item

DESCRIPTION SUMMARY

Include a standing or regularly scheduled, Board Agenda item on People and Culture in absence of People and Culture Committee.

IMPLEMENTATION PLAN

People and Culture will be a standard item on the board agenda.  

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Refresh the Board skills matrix  

DESCRIPTION SUMMARY

Refresh the Board skills matrix with a view to aligning it more closely to strategic oversight, monitoring of risk and performance and holding management accountable for delivery, and introducing an independence threshold within the Board composition principles.

IMPLEMENTATION PLAN

AWI will review the board skills matrix under the requirements of the SFA, the Legislation and Standard Governance Principles.   

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Build maturity in AWI’s monitoring and evaluation approach  

DESCRIPTION SUMMARY

Build maturity in AWI’s monitoring and evaluation approach with following actions:

• Document a strategic prioritisation for monitoring and evaluation activities for different types of investments
• Improve the quality of impact assessments conducted by AWI.
• Strengthen AWI’s M&E capability through targeted staff training and the recruitment of monitoring and evaluation expertise into relevant roles.
• Over the next review period, improve the quality of M&E metrics across the investment portfolio to strengthen alignment with intended outcomes and provide clearer evidence of impact.  

IMPLEMENTATION PLAN

The M&E framework will be updated to include strategic prioritisation. Benchmarking of impact assessment through external parties will be conducted. AWI will enhance reporting of outcomes and provide additional training.

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Strengthen Strategic Planning Alignment & Consistency

DESCRIPTION SUMMARY

Strengthen alignment and consistency across the Strategic Plan, Annual Operating Plans and Annual Reports, particularly in how corporate and investment priorities, programs and performance are presented.

IMPLEMENTATION PLAN

AWI will review the integration between the key planning and reporting documents to ensure consistency.  

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Strengthen the use of planning and implementation tools  

DESCRIPTION SUMMARY

Strengthen the use of planning and implementation tools to improve alignment between strategic priorities,

investment decisions and program delivery. Enhance governance, oversight and documentation of the

Investment Assessment Framework and associated approval processes to provide greater transparency, consistency and traceability of decision-making.  

IMPLEMENTATION PLAN

AWI will conduct a review of its planning and reporting processes to improve transparency and consistency.

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Establish a formal review process  

DESCRIPTION SUMMARY

Establish a formal review process to assess the effectiveness of newly implemented systems and processes, including staff capability, user adoption and alignment with governance requirements, and use the findings to inform system enhancement priorities and future investment decisions.  

IMPLEMENTATION PLAN

AWI will establish a review and reporting mechanism for any internal system upgrades / enhancements and / or processes.  

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%

RECOMMENDATION

Develop Succession Planning Strategy

DESCRIPTION SUMMARY

Prioritise completion of key-person succession planning for identified critical roles, and assess whether similar succession risks apply to other key people across the organisation.  

IMPLEMENTATION PLAN

A succession planning strategy will be developed,  

PROGRESS ON IMPLEMENTATION

TBC

IMPLEMENTATION PROGRESS:

0%