Issue - meetings

To consider an update report on risk management.

The Committee considered an update report on risk management. The report contained a summary of the Council’s key corporate risks.

Since the previous update report, the ratings for the following risks had been reviewed:

Further details were set out in the report.

A risk heat map showing the direction of travel for the risks from September 2011 to February 2012 was set out at Appendix A to the report.

It was noted that the report dealt with corporate strategic risks. The Officers would be undertaking a separate exercise to check the validity of operational risks within each service area.

The Committee also received reports on other work undertaken on risk management, including a self-review of effectiveness by the Corporate Risk Management Group, an Internal Audit report on the management of strategic risk and action being taken to enhance the risk management guidance for report writing.

RESOLVED

That

(1)   the risk management update report be noted; and

(2)   for the future, at each meeting of the Committee a risk owner be invited to attend to explain their mitigation plan.