Decision Maker: Strategic Investment Board

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: July 21, 2025

Purpose:

Content: RESOLVED:   That the Strategic Investment Board:   Approves the dissolution of Hendeca based on the recommendations from SHIP.   Reasons for Decisions:   While Hendeca could potentially remain profitable, the risks persist around a single customer and the nature of the work:?   ·         The nature of the business does not align with SCC’s core service? ·         The nature of the business is high risk – financially, reputationally and as an employer? ·         There is a temporary leadership team in place provided by SCC, which will need to be replaced if a different decision is made? ·         Contingency plans would need full stress testing, if Hendeca was to continue to run the business   (The decisions on this item can be called-in by the Resources and Performance Select Committee)