Decision details

Review of Strategic Risk Strategy and Corporate Business Risk Register

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

In accordance with paragraph 4.1 of the Council's Risk Management Strategy this report will present a 6 monthly review of the key business risks.

Relevant Overview and Scrutiny Committee: Business Support Overview and Scrutiny Committee

Decision:

222/2008 The Cabinet noted the comments of the Business Support Overview and Scrutiny Committee as set out in the report and agreed that the risk score of delivering radical innovation is increased to B2 (high/critical).
223/2008 The Cabinet approved the revised Risk Management Strategy, as set out in appendix A to the report, and the amendments to the Council's Risk Register detailed in appendix C to the report and outlined in 222/2008.

Reasons for the decision:

The establishment of a corporate framework for risk management is recommended by CIPFA and SOLACE and will complement and support the work already being carried out within each directorate to manage risks.

Publication date: 04/11/2008

Date of decision: 04/11/2008

Decided at meeting: 04/11/2008 - Cabinet

Effective from: 13/11/2008

Accompanying Documents: