To approve the revised joint Risk Management and Assurance Policy and Guidance documents.

The Assistant Chief Executive Legal and Democratic presented the Risk Management and Assurance report to Cabinet and advised that the Council had an integrated policy, which was kept under regular review.  She advised that the new policy focused on risk management and training and development and that there had been changes made in the way the policy was expressed to encourage staff to take innovative risk and not to avoid taking risk, but for it to be managed successfully with a five step implementation process to encourage a positive approach to risk and the application of risk.

In discussing the strategy it was emphasised that it was intended to encourage staff to be innovative and creative in identifying risk and managing it properly and that monitoring would be carried out through the corporate performance indicators.

RESOLVED

                        THAT:

                        (a)        the revised joint Risk Management and Assurance Policy be approved; and

                        (b)       the joint Risk Management Assurance Guidance be approved.