Issue - meetings

A report to provide an update on the risk management arrangements.

Cabinet:

1)    NOTED the content of the report and the updated Strategic Risk Register and associated risk management action plan, as attached at Appendix A

The Portfolio Holder for Governance, Environment and Regulatory Services introduced the report which provided an update on the risk management arrangements and outlines the current significant risks that have been captured on the recent review of the Councils strategic risk register by the Senior Leadership Team.

The Portfolio Holder for Governance, Environment and Regulatory Services explained that risk management is the term of reference for Audit and Standards, and it is important that Cabinet have an oversight and awareness of the strategic risks. 

These are not new risks but have been inherited from the previous administration, they will need to be dealt with effectively and efficiently. An emerging risk is lack of capacity to deliver services and projects this is due to lack of resources; this was highlighted in the recent staff survey. This will be key when Cabinet are developing the new Corporate Plan that we strike a balance between priorities and resources available to deliver them. 

She is confident that both Members and Officers are monitoring the risks the Council faces and that the Senior Leadership Team maintain oversight of the risk management arrangements in place and activities undertaken to mitigate the risks.

Cabinet:

NOTED the content of the report and the updated Strategic Risk Register and associated risk management action plan, as attached at Appendix A.

Reasons for Recommendations:

Whilst Risk Management forms part of Audit and Standards terms of reference it is important that Cabinet have oversight and awareness of the strategic risks that could impact on the Council, to review the risk management arrangements in place and the activities that are being undertaken to mitigate those risks.