Implementing your 5-year business plan Neil Wilson Director of Risk - - PowerPoint PPT Presentation

Strategic planning for long-term asset delivery

Implementing your 5-year business plan

Neil Wilson – Director of Risk & Investment

• 1. Building risk and resilience into
• ur plan
• Understanding risks
• Assessing relevant shocks and

stresses

• Creating combinations of risks as

scenarios to test

• In our case we looked at
• Financial (long term viability)
• Corporate
• Operational
• Environmental
• Identifying strategic solutions

Integrated water supply grid

Outcomes

• Security of supply /

resilience

• Meet demand for

water

• Reduce abstraction,

improving the ecology of sensitive rivers

• Manage raw water

deterioration

3 10 20 30 40 50 10 20 30 Kilometres Miles

B R E L

Bristol Chippenham Salisbury Bournemouth Poole Dorchester Taunton Bridgwater Yeovil

.

SPINE

Existing network Integrated Grid Source at risk of exceeding nitrate limits Stand alone source Low flow source INTRA-COMPANY GRID

Blandford Forum Shaftesbury

INTER-COMPANY TRADING Existing New Area of surplus Area of deficit Bath

North Bristol Strategic Sewerage Programme

• 2. Long-term resilience aligned with

customer preferences

• We asked our customers.
• Aligned our resilience plan:
• Forward planning - overlap

programmes to achieve long-term improvements

• Partnering - with our

community and environmental stakeholders to find the lowest impact solutions

• Targets - challenging

package of performance commitment targets aimed at environmental improvement.

Long-term planning – smoothing the investment cycle

• We have succeeded in substantially smoothing the investment cycle
• This benefits our in-house delivery resource and our supply chain
• As a result procurement, standardisation & innovation can improve

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AMP5 AMP6 AMP7 AMP8

2015-16 2020-21 2025-26

Transition programme Transition programme Transition programme Integrated water supply grid North Bristol sewerage strategy WINEP Environmental programme Strategic capital maintenance

Partnering and alternative approaches Catchment management and EnTrade

Nitrogen offsetting Catchment permitting

Optimise the installation of tertiary treatment at STWs

Safeguard zone protection

Customer priority targets

• reducing leakage & pollutions
• Particular future focus on monitoring, smart

networks, artificial intelligence and machine learning

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• 3. Aligning risk and return with

innovation and customer focus

• Minimising cost while making step

changes in performance and resilience.

• Over £100m savings identified

BEFORE we submitted the plan

• Mitigating risks through
• Customer and community focus
• Environmental priorities
• Long-term resilience through not

building assets…

We are part of a system & a community

Our solutions approach

• Focusing on understanding the challenge and identifying solutions
• ‘No build, later build, smaller build’ mantra
• Seeking opportunities for early procurement, standardisation, modular build
• Identify alternative, innovative solutions and delivery routes
• Recognising we don’t have all of the answers…

Sharing challenges to deliver better value

We will share challenges with the market, with the supporting data, to identify whether there is a better value solution than the traditional asset led approach. Increasing partnerships with

• ther organisations that can help

us deliver our plan: – agricultural sector – debt advice sector – opening our data to academia and our supply chain – engagement with other local businesses, suppliers and contractors

Wessex Water Marketplace

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Visit marketplace.wessexwater.co.uk

WW Community Commitment

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• Community engagement
• Volunteering
• Addressing water poverty
• Vulnerability
• Refill points
• Education
• Investment
• Water efficiency

WW Community Foundation

• A single “Wessex Water Community Foundation” encompasses all our

funding of charities, foundations and community projects

• The Foundation aims to increase the resilience of communities by funding:

– independent debt advice and benefits assistance – financial literacy – community environmental schemes – schemes which improve STEM skills – schemes that increase workforce diversity – schemes that promote social cohesion

• The Foundation will be governed and administered by an independent
• rganisation and report each year on its activity

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