Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: November 12, 2024

Purpose:

Content: Consideration was given to recommendation AU 24/40 of the Audit Committee of 23 September 2024 in respect of risk management process and the Strategic Risk Register (SRR).   Cabinet had due regard to the views of the Committee, the financial and value for money considerations and the legal implications and noted that Management Team had undertaken a review of all the risks contained within the Strategic Risk Register with a view to achieving a more streamlined version, highlighting only the strategic risks to the Council over the one to two year horizon.   The number of ‘red’ risks on the SRR remained to be 4 as set out below:   Achievement of Savings and Transformation Strategy Failure to agree a Local Plan Implementation of the Agile software system Contract/Contractor Procurement   RESOLVED:  That   (1)    the updates to the Strategic Risk Register since the last iteration with particular emphasis on those risks categorised as RED, be noted;   (2)    the lead officer for the Local Plan be requested to attend the next meeting of the Audit Committee should the risk remain RED;   (3)    the progress towards the delivery of recommendations from the Zurich Risk Management Review, be noted; and   (4)    the Chair of the Audit Committee be appointed as the Member ‘Risk Champion’.