Risk Mitigation

Contexts define the risks, possibilities and the room for manoeuvre for partnerships. But partnerships can also play a significant role in challenging and changing contexts that are unfavourable to sustainable development. Contexts can be both a threat and an opportunity for partners. In any event, the role of context changes continuously – today’s successful partnership may come unstuck tomorrow with a change of political leadership or a natural catastrophe.

At each phase of partnering, effective partnerships will interact with their context in an evolving and appropriate manner. Challenges and even risks may occur at different times and on many different (sometimes unexpected) levels. This can include, for instance, changes in available resources, new power imbalances and the strong influence of new partner organisations or powerful personalities. It is important to build and invest in the capacity of partners to be agile, responsive and constructively inter-dependent to face risks that are unknown and unknowable. In a partnership, you also need to address allocation: who will mitigate what risk, and how? Ideally, partners would actively search for risks as well as for ways to turn them into opportunities.

GUIDING QUESTIONS

  • What are the risks involved and how do partners mitigate these and / or turn them into opportunities for breakthrough?
  • How well would partners respond to unanticipated events – whether internal, national or global?
  • How best can they prepare themselves to be flexible to respond to changes?
  • In what way is information on risks shared between partners?
  • Are partners able to reframe risks as opportunities?

RECOMMENDED PRACTICES

KEY PERFORMANCE INDICATORS

  • Internal and external risk assessment available and used constructively to bring about change
  • The partnership is agile and responsive to unexpected circumstances
  • Awareness of institutional gaps (lacking legal provisions, regulatory gaps, conflicts, etc.)