Issue - meetings

Strategic Risk Register - Quarterly Review

Meeting: 22/08/2022 - Executive (Item 32)

Strategic Risk Register - Quarterly Review

Additional documents:

Minutes:

Purpose of Report

 

To provide a status report on the revised Strategic Risk Register as at the end of the first quarter 2022/23.

 

Decision

 

That the Council’s strategic risks, as at the end of quarter 1 2022/23, be noted.

 

Alternative Options Considered and Rejected

 

None were considered. The Strategic Risk Register contained the key strategic risks to the delivery of the Council’s medium and longer term priorities. A failure to monitor the action that was being taken to manage those risks would undermine the Council’s governance arrangements.

 

Reasons for the Decision

 

The previous update of the Strategic Risk Register had been reported in June 2022. Since the last update, the Strategic Risk Register had been refreshed and updated by the Corporate Management Team. The refresh had reviewed each risk in terms of the level of assessed risk (likelihood and impact), target risk scores, control measures in place and mitigating actions required in order to; avoid, seek, modify, transfer, or retain the risks. The refreshed register was detailed in Part B of the agenda (Minute 32 referred), as it was considered to contain exempt information.

 

The report had been considered by the Performance Scrutiny Committee at its meeting on 18 August 2022.