Issue - meetings

Strategic Risks Update

Meeting: 17/12/2020 - Governance and Audit Committee (Item 51)

51 Strategic Risks Update (Agenda item 8) pdf icon PDF 66 KB

Report of Maxine O’Mahony, Executive Director of Strategy & Governance.

Additional documents:

Minutes:

As this report was part exempt, it was agreed that the public part of the report would be discussed separately, and the private and confidential appendix would be discussed at the end of the meeting under agenda item 16.

 

Councillor Birt said that he was having difficulty in justifying the qualification for the exemption as he did not believe that any of the report should be excluded from the press and public.

 

In response, the Chairman advised that he was satisfied the exempt report fulfilled the necessary criteria and as Chairman he was entitled to make that ruling. 

 

Councillor Sarah Suggitt, the Executive Member for Governance, Jason Cole, the Executive Manager for People & Innovation and Ryan Pack, the Innovation & Change Business Partner were in attendance for this item.

 

The Executive Member for Governance apologised to the Committee for not including these Risk Registers at previous meetings. It had not been intentional and was an oversight and would not happen again.

 

Since previously reported, the strategic risks had been reviewed, updated and a number of risks had been added.  The most notable risk was related to Covid, which had been included in response to the pandemic, but the Council continued to actively manage and mitigate to ensure that, the Council had been able to continue to operate and deliver services throughout the pandemic.  This risk would remain in place whilst the pandemic was on-going.

 

The majority of the risks on the Strategic Register had been impacted by Covid and these implications had been reflected in the commentary attached to the report. In many cases this had not led to risks being raised into the ‘red’ category.   It should also be noted that the Chief Executive vacancy risk had been dealt with under the operational staffing risks.  Currently the Chief Executive’s duties were being completed by the two experienced Executive Directors as the Council continued to operate through the pandemic in the interim Place Based Management structure. 

 

The Council had also successfully recruited to the statutory role of Head of Paid Services.  Executive Briefings remained in place as well as the formal meeting structure between Executive Members and the Executive Officers.

 

The Executive Manager for People & Innovation also apologised to the Committee for the oversight and he was working to ensure that the Risk report would be brought to the meetings on a required basis in future. 

 

The Chairman acknowledged their apologies and thanked them both particularly to the Cabinet Member for attending this meeting as this had been a matter of concern to the Committee.

 

The Innovation & Change Business Partner highlighted a number of risks for Members to note.

 

The likelihood of risk had been raised for the 3 financial risks within the report, the Medium-Term Financial Plan, the Business Rates Retention Scheme and Asset Portfolio, this had been in response to the wider economic situations.  Equally, the likelihood of the cyber security risk had also been raised which was more reflective of the wider situation with local authorities around  ...  view the full minutes text for item 51