Councillor Ann McLachlan introduced a report that confirmed the process behind the annual update to the Council’s Corporate Risk Management Policy (which was appended) and set out the factors that had influenced its development, in particular, the application of risk management to support the delivery of Wirral Plan strategies.  The Policy had been approved by Audit and Risk Management Committee on 25 September 2016.  In accordance with Cabinet’s ultimate responsibility for corporate governance, the Cabinet was invited to consider and formally adopt the Policy on behalf of the Council.

Councillor McLachlan commended the Officers who had been involved with this very good piece of work.  The refreshed Risk Management Policy had been developed to re-align with the Council’s 2020 vision and 20 Pledges and reflected the new partnership working arrangements. 

Councillor McLachlan drew attention to the Action Plan and informed that the review had linked the Risk Management Policy into the culture of the Council.  There was still a lot of work to do going forward and it would help with the Council’s new and different ways of working i.e. the Council’s commercial and business approach to becoming risk aware and not risk averse.

RESOLVED:

That the revised Corporate Risk Management Policy be formally adopted.