The Director of Finance reported upon the process followed in analysing the issues contained within the draft Corporate Risk Register which had been presented to the Cabinet on 13 October 2011 (minute 150 refers). He commented that the Corporate Risk Register was a key element of the Risk Management Strategy. It summarised those areas of uncertainty which had greatest potential to prevent or frustrate delivery of the Corporate Plan and how the Authority was seeking to tackle them. In turn those actions influenced the content of Departmental Service Plans and the allocation of resources and, as such, were closely aligned with the Corporate Planning process. Consequently, success in managing those risks was a key factor in overall performance. The Director presented the fully populated document and reported that, whereas it had been agreed by the Cabinet on 2 February 2012 (minute 277 refers), it would be looked at again as part of the work of the Improvement Board.

Resolved – That the Corporate Risk Register be endorsed.