Agenda item - Risk Management Strategy Annual Progress Report 2015

Report of the Acting Director, Finance & Resources (copy attached).

1)           That Members note the report.

78.1      The Committee considered a report of the Acting Director, Finance & Resources detailing progress made against the Risk Management Strategy 2014-17.

78.2      Dr Horne stated that he welcomed the opportunity for the committee to input into the new strategy later in the year. Dr Horne enquired as to the key challenges and objectives for 2016/17.

78.3      The Risk Management Lead stated that challenges would be presented in organisational changes with a focus on partially achieved areas being a priority for the forthcoming year.

78.4      Councillor Robins noted the reference to risk opportunity and asked if that term could be explained further.

78.5      The Risk Management Lead clarified that the definition was in accord with the definition of risk management as the negating of risk and promoting ‘take up’ of opportunity.

78.6      RESOLVED- That Members note the report.