Royal Mail – Strictly Confidential
GET(08)9th
GET08/100 - 111
ROYAL MAIL GROUP EXECUTIVE TEAM
Minutes of a meeting of the Group Executive Team held on
Tuesday 21 October 2008
Present:
Adam Crozier – Chairman
Stephen Agar
Alan Cook
Robin Dargue
Ian Duncan
Jonathan Evans
Doug Evans
Mary Fagan
Mark Higson
Jon
Millidge
Alex Smith
David Smith
In attendance:
Andrew Poole, Deputy Company Secretary
Sue Whalley, Group Strategy & Regulation Director
Mike Haskins, Hd of Service Development for GET 08/104
Derek Foster, Internal Audit & Risk Management Director, for
GET08/105.
GET08/100 MINUTES
(a)
The Group Executive Team approved the minutes of the meeting held
on the 23 September 2008;
(b)
the Group Executive Team noted the minutes of the Letters Executive
Team dated 17th September 2008, the minutes of the Parcelforce
Worldwide Executive Team dated 28th August 2008, the minutes of the
Wholesale Board dated 18th September 2008, the minutes of the Post
Office Strategic Programme Board dated 15th September and the
minutes of the Special Investment Committee dated 3rd September
2008.
GET08/101
STATUS REPORT GET (08)55
The Group Executive Team noted the status of action points from the
previous meetings. In particular;
[ Information removed ]
GET08/102
EXECUTIVE
REPORTS
The Group Executive Team noted the Period 6 performance reports
and in particular the following matters:-
[ Information removed]
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Royal Mail – Strictly Confidential
(c)
Mark Higson reported that Norman Smith had been appointed as
Letters Safety Director with effect from the 6th October 2008;
[ Information removed ]
(h)
POL: 11 area plans had now been concluded and one further plan
would be concluded during October;
[ Information removed ]
(k)
Role of Group Centre: a paper on the role of the Group Centre would
be considered at the next Monday GET meeting;
ACTION
Jon Millidge
[ Information removed ]
GET08/103
FINANCE DIRECTOR’S REPORT
GET(08)56
(a)
The Group Executive Team noted the Group Scorecard covering
period 6;
[ Information removed ]
GET08/104
[ Information removed ]
GET08/105
GROUP RISK PROFILE - ROLLING REVIEW OF CORPORATE
RISKS GET (08)58 [ Information removed ]
(b)
to drive closer monitoring and control of key corporate risks, the GET
reviewed a specific corporate risk at each of its monthly meetings. This
month’s review included an update by action owners on potential root
causes and consequences, and provided a summary of the key
management actions being taken to address the selected risk. Mark
Higson and Alan Cook confirmed that focus was being given to the top
level KPI to ensure that the actions being taken on the ground were
indeed delivering the desired results for the businesses;
[ Information removed ]
GET08/106
[ Information removed ]
GET08/107
GOVERNMENT REVIEW
(a)
The GET noted an update on the Government Review.
GET08/108
REGULATION REPORT GET(08)60
(a)
The Group Executive Team noted the Regulation report.
GET08/109
PROGRESS AND UPDATE ON AGREED AUDIT ACTIONS
GET(08)61
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Royal Mail – Strictly Confidential
(a)
The Group Executive Team noted the actions due to be completed in
September and a summary of the cumulative status of overdue agreed
actions. The GET focused on the priority 1 agreed actions (agreed
actions were categorised as priority 1 or 2 in IA&RM reports) and
noted those agreed actions (for both priority 1 and 2) due to be
completed by the end of September;
(b)
the Group Executive Team noted the content of the report and agreed
to continue to pursue closure of overdue and upcoming agreed
actions.
GET08/110
ANY
OTHER
BUSINESS
[ Information removed]
GET08/111
DATE OF NEXT MEETING
The next GET meeting would be held on 25th November 2008.
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Document Outline
