Expectations
what you need to do as a panel member
Your primary role on the Investment Panel is to review proposals that are going for consideration at Investment Board, to do this you will be required at each Investment Panel meeting to prepare.
Additionally you will need to consider whether or not you are best suited to represent the five case element at each meeting or if you need to nominate someone.
The suggested preparation process for each meeting is as follows:
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Ensure Investment Panel meetings are in your diary.
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Review the previous Panel minutes prior to each meeting in order to ensure any actions or tasks assigned to you have been dealt with and that you are in a position to confirm them as a true record.
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Read the agenda - make sure you are aware of what items are on each agenda, this will allow you to then consider what support you may need to prepare for each Panel meeting.
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It is recommended that you assign review of business case proposals to Subject Matter Experts (SMEs) within your field, so for example if you are responsible for the Strategic Case element you may ask Policy specialists or Inclusive Growth specialists to review a business case and feedback to you.
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Decide who will attend the Panel meeting - your position on the Panel allows you to nominate someone else from within the WMCA to represent you if you feel that they may possess a more suitable skillset or knowledge of a particular business case proposal.
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It is your responsibility to inform the Strategic Hub if you are nominating someone else to represent you on a Panel meeting.
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Prepare - ensure you take on board briefings and feedback from SMEs and have questions and / or are as to focus upon at the Panel meeting.