Issue - meetings

This report advises Members of the development agenda for risk management.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)   That the contents of the report be noted.

Decision of the Executive Member

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:To raise awareness of the Risk Management development agenda and advise Members of the further work now needed to support the effective development of Risk Management at the Council.

Members received a report which advised them of the development agenda for risk management.

The key priorities of the development agenda were:

a)     Ensuring the consistency and quality of data entered into the Risk Management system (Magique);

b)     Ensuring all directorates and service areas have the opportunity to consider, record and manage risks using the Magique Risk Management system on an ongoing, as opposed to an annual, basis;

c)      Providing formalised Risk Management training to Officers to ensure that they have an understanding of the role and purpose of Risk Management in delivering their services;

d)     Continuing to build on the pre-Council seminar of 29 June 2006 engaging Members more fully in their understanding of Risk Management and its benefits to the Council;

e)     Developing a risk reporting process that provides information on key risks to inform the decision making process;

f)        Working with the Performance Improvement Team to formalise the relationship and role of risk in business planning and performance management routines.

The Assistant Director (Audit & Risk Management) reported that details of a Member training programme would be circulated when they had been finalised.  It was suggested that joint training for Members and officers might be appropriate in the future.

In relation to paragraph 10 of the report, it was clarified that a well described risk on the Magique system should not only identify the risk but also describe its consequences.

Advice of the Advisory Panel

That the Executive Member be advised:

(i)   That the contents of the report be noted.

Decision of the Executive Member

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:To raise awareness of the Risk Management development agenda and advise Members of the further work now needed to support the effective development of Risk Management at the Council.