Page 225 - SAMRC AnnualReport 2025-26
P. 225

G O V E R NAN C E




            and opportunities, and track the implementation of   Key business risks and opportunities, grouped
            management action plans. Internal audit provides   by strategic priority, together with the principal
            independent assurance regarding the effectiveness   mitigating actions aligned with strategic objectives,
            of controls intended to reduce the probability and   are detailed further below.
            consequences of identified risks.


             RISK             RISK CONTEXT TO          RISK                         OPPORTUNITIES TO
             CATEGORY         VALUE CREATION           MITIGATIONS                  CREATE VALUE

             Administer health research effectively and efficiently, and in accordance with good corporate governance practices
             Legal and        Onerous legislative        › Policies, guidelines, legal     › Improved legislative
             regulatory       requirements and           compliance staff, training   compliance and bespoke
             requirements     complexity of the POPI Act  programmes, and dedicated   training and support
                                                         internal resources
             Data             Cyberthreats over SAMRC     › Firewall protection, penetration     › Continuous monitoring and
             management       data/intellectual property   testing, data security tools,   enhanced data security,
                              and misuse of research data  monitoring, policies, and training  training and innovation
             People           Complexity of the research     › Development programmes,     › Bespoke capacity building
             management       ecosystem to enable        training databases, surveys,   programmes to improve staff
             function         people to flourish         remuneration revision, and   retention
                                                         leadership programmes
             Lead the generation of new knowledge and funding of research

             Research integrity  Inconsistent data processes,     › Established Research Integrity     › Ongoing strengthening
                              mentorship challenges,     Office, ethics committees, peer   digital and in-house training
                              negative media publicity   reviews and data management   to enhance research quality
                              and onerous new legislative   guidelines               and integrity
                              requirements
             Transformation   Progression in staff       › EE Strategy, transformation     › Ongoing enhancement
                              transformation at senior   forums, diversity initiatives,   of leadership development
                              levels                     leadership programmes       and diversity & inclusion
                                                                                     programmes
             Funding          Geoeconomic volatility:     › New co-funding partnerships,     › Dedicated on-going
             landscape        Difficulty in maintaining and   proposal tracking, continuous   investigation for further local
                              diversifying funding sources  funding opportunity      and international funding
                                                         investigations              opportunities in both the
                                                                                     private and public sector
             Supporting health innovation and technology development through funding to improve health
             Innovation       Limited funding for the     › IP policy, portfolio reviews,     › Active engagement for
             Commercialisation  value proposition of the   project follow-ups, external   external partnering to
                              innovation, reducing       partnerships                pursue commercialisation
                              interest from the industry                             opportunities
                              to commercialize or target
                              market to implement
             Building sustainable health research human capacity in South Africa

             Capacity building   Further development of     › Capacity building strategy for     › Continuous engagement
             in scarce skills  research scientists is needed   supporting the development of   with HDI universities to
                              to assist in growing the pool   HDI research scientists  further grow clinical research
                              of South African HDI medical                           capacity
                              research scientists
             Research translation into policy and practice to improve health

             Knowledge        The risk of funding invested in  › Strategic plans, success sharing,     › Ongoing translation of
             translation      interventions not progressing   ongoing funding investigations  research into policy through
                              into the next phase of                                 sharing success of research
                              development/translation                                translation stories



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