Elevate to '28
Strategic Risk Management Program
Initiatives and Implementation
100

This is SWP's vision

What is... To be the most reliable, sustainable, and resilient water provider for the people and environment of California

100

This is why the strategic plan is considered risk informed

What is... SWP’s goals, objectives, and initiatives are strengthened through the concurrent development of Strategic Risk Management (SRM) capabilities and insights. SWP's strategy considers SWP-wide top risks and external risk trends. A risk assessment of the strategic initiatives will be conducted annually to inform necessary updates to the Strategic Plan

100

This is the definition of Elevate to '28 initiatives

What is... Elevate to ’28 initiatives are the measurable set of activities that will help SWP meet its strategic objectives.

200

These are SWP's core values

What is... Safety, Stewardship, Integrity, Excellence, and Respect

200

This is how division and office risks roll up to SWP-Wide top risks

What is... Division and office specific risk inputs are aggregated at the SWP-level to inform strategic, SWP-wide risks.

200

This is how initiative implementation is sequenced over the next 5 years

What is... Elevate to ’28 initiatives were prioritized and scheduled for roll out based on a number of critical factors, including risk mitigation, resources, funding, dependencies, and strategic priority:

  • 2024: Active and Group 1 initiatives
  • 2025: Group 2 initiatives
  • 2026-2028: Group 3 initiatives
300

Name one of SWP's five strategic goals

What is...

1. Advance an industry leading safety culture

2. Be the employer of choice

3. Accelerate adaptation and strengthen resiliency for a changing climate

4. Promote the awareness of the State Water Project's significance

5. Optimize infrastructure, financial integrity, and operations

300

Name an SWP-Wide Top Risk

What is...

  • Rising costs
  • Energy market
  • Capital financing
  • Long term planning and execution
  • Project prioritization and delivery
  • Resilience
  • Climate change adaptation
  • Asset performance
  • Reputational
  • Public perception and trust
  • Compliance requirements
  • Reliance on third parties
  • Employee safety
  • Public safety
  • Physical security
  • Cybersecurity
  • Data governance
  • Technological innovation
  • Knowledge management
  • Workforce attraction & retention
300

Name any Group 1 initiative

What is...

  • Advance Program and Project Management Efforts
  • Assess Understanding of Climate Change Responsibilities
  • Coordinate Cybersecurity Efforts
  • Create a Data Management Strategy
  • Create a Marketing and Public Relations Approach
  • Create a Workforce Strategy Plan
  • Enhance Compliance Processes
  • Improve Knowledge Management
  • Standardize Employee Safety Protocols
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