16.1 The Cabinet considered a report by the Chief Operating Officer.
16.2 It was RESOLVED – to agree the updated risk management framework
Reason
16.3 Whilst the opportunity has been taken to make a number of improvements to the risk management framework, the council’s overall approach to risk management remains fundamentally the same. Cabinet agreed the updated risk management framework, which now reflects current practice, recognising that risk management should not be a scientific process and should complement, rather than duplicate, other management activities. The updated risk management framework replaces the Risk Management Strategy 2011-2014 and was endorsed by the Audit, Best Value and Community Services Scrutiny Committee in July 2015.