Issue - meetings

Managing Risk - Stockport's Risk Managment Framework and Strategy

Meeting: 12/08/2014 - Executive (Item 9)

9 Managing Risk - Stockport's Risk Managment Framework and Strategy pdf icon PDF 35 KB

To consider a report of the Executive Councillor (Corporate, Customer & Community Services)

 

The current Risk Strategy was developed in 2007 and although changes have been made in the interim, the current pace of development with Council services requires an update and change of approach particularly in terms of the Council’s appetite for risk and how current and emerging risks are identified, evidenced and controlled. 

 

Consequently, the Council’s Risk Management Framework and Strategy has recently been fundamentally reviewed and comprehensively updated into a new draft by the Internal Audit and Risk Manager, in liaison with Corporate Leadership Team, Senior Management Group, Corporate Governance Group and other key stakeholders of the Council. The revised draft strategy was also considered and commented upon by the Audit Committee.

 

The Executive is recommended to approve the Council’s revised Risk Management Framework and Strategy. 

 

Officer contact: John Pearsall, 0161 474 4033, john.pearsall@stockport.gov.uk

Additional documents:

Minutes:

The Executive Councillor (Corporate, Customer & Community Services) submitted a report (copies of which had been circulated) inviting the Executive Meeting to adopt a new Risk Management Framework and Strategy to reflect the changing requirements of the Council since the last Risk Strategy was developed in 2007.

 

RESOLVED – That the revised Risk Management Framework and Strategy be approved.