Decision details

RISK MANAGEMENT INFORMATION REPORT

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

The Cabinet was provided with an annual update on the Council’s strategic risk register.

 

Members were advised that section 3.4 of the report identified the strategic risks in terms of their likelihood and potential impact, showing how the risks had changed over the past three years, and how Covid-19 risks had been recorded in the Corporate Covid -19 risk register.

 

The report highlighted the following points for Members to note:

 

Ø  That the strategic risk register was last reviewed by the Corporate Leadership Team (CLT) on 4th May 2021;

 

Ø  At the time of writing the report, there was 1 strategic net red risk identified which related to the West Midlands Combined Authority;

 

Ø  The total number of strategic risks had increased to 16;

 

Ø  The net risk levels for the risks relating to the West Midlands Combined Authority, Information Security, Children’s Services pressures, Children’s Services - Duty of Care, Adult Social Care pressures, Adult Social Care – Duty of Care, Domestic Abuse, Local Enterprise Partnership, SEND Placements, Warning Marker systems and Mell Square Car Park had remained the same;

 

Ø  The net risk levels for the risks relating to MTFS Delivery and Brexit implications had reduced; and

 

Ø  There had been 1 new risk added to the strategic risk register relating to compliance with changes in the Domestic Abuse legislation.

 

On receiving the report Members asked whether more of a narrative could be developed around what the risk was. On the point that some of the risks had been around for a number of years, Officers confirmed that due to the significance of the risk, something significant had to happen for the risk to be decreased, but as demonstrated in the report the number of red risks had decreased by one from last year. Officers also confirmed mitigation was reviewed to see whether the action was having the desired effect. Members suggested that a refresh of the report should be undertaken.

 

RESOLVED:

That having considered the information produced regarding the Council’s identified strategic risks Members were content with the report but asked that the comments above be considered. 

Report author: Olly Dodds

Publication date: 18/06/2021

Date of decision: 17/06/2021

Decided at meeting: 17/06/2021 - Cabinet

Effective from: 26/06/2021

Accompanying Documents: