The Performance Plan 2006

We are actively following risk management approaches and risk awareness in our decision and planning processes.

What have we done so far? 

The following approaches to managing risk are in operation:

• The officer Risk Management Group meets regularly.
• The group reviews the strategic risks to the Council, its corporate objectives and annual priorities.  Relevant service managers produce Management Action Plans (MAPs) for risks assessed as requiring active management.  The risks so identified and the MAPs are reported to Management Team and Cabinet.
• Committee reports include a Risk Management Implications section and the Group reviews the risks identified and proposals for addressing them.
• Service managers prepare service areas risk registers and MAPs for risks assessed as requiring active management.  Registers and MAPs are reviewed and reported as necessary to the Group.
• Service managers identify actions to address service level risks in their Service Plans.
• The Performance Plan includes the corporate strategic risks (Table 10).
• The Council’s Financial Regulations include risk management arrangements.

Further actions to be taken in 2006/07 to improve risk management?  

The following is planned:

• Establish operational risk registers at service level.
• Further training/workshops on operational risk management.
• Monitor service area and operational risk registers.

The major corporate strategic risks are identified in Table 10.

Table 10 - Corporate Strategic Risks