Issue - meetings

Strategic Risk Register

Meeting: 03/06/2024 - Executive (Item 7)

7 Strategic Risk Register Quarterly Review pdf icon PDF 249 KB

Minutes:

Purpose of Report

 

To provide a status report on the revised Strategic Risk Register as at the end of the fourth quarter 2023/24.

 

Decision

 

That the Council’s strategic risks as at the end of quarter 4 2023/24, 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

 

An update of the Strategic Risk Register developed under the risk management approach of ‘risk appetite’, was last presented to Members in February 2024 and contained fourteen strategic risks as detailed within paragraph 3.1 of the officer’s report.

 

Since reporting to Members in February, the Strategic Risk Register had been refreshed and updated by the Risk Owners and Corporate Management Team which had identified some positive movement in the Risk Register.

 

The updated register was contained with Part B of this agenda as a restricted document.