Corporate Risk and Opportunity Register - Quarterly Update
Decision Maker: Audit, Risk and Governance Committee
Decision status: For Determination
Is Key decision?: No
Purpose:
This report provides an updated Corporate Risk
and Opportunity Register for the committee to consider and comment
on. The register has been refreshed to reflect the council's
current operating environment and is presented to this committee to
provide a progress update and assurance that the current risk
management arrangements are both robust and effective.
Decisions:
Heloise MacAndrew, Director of Law and Governance presented the updated Corporate Risk and Opportunity Register.
In response to concern about the council's capacity to respond to devolution and Local Government Reorganisation, it was highlighted that the corporate register included a risk about responding to national policy and issues. It was requested that officers review whether the two should be considered separately in future.
It was noted that the risk score for recruitment and retention had decreased since the last quarterly update. This was partly due to the fact that the council's turnover rate was consistently below the national average, the council's vacancy rate had reduced from 11.74% to 9.42% over the last year, and there had been significant work to reduce agency spend and to fill posts which had been vacant for a long time.
Resolved: That the updated Corporate Risk and Opportunity Register be approved.
Corporate Priorities : Thinking differently;
Divisions Affected: N/A;
Contact: Hannah Race Email: Hannah.Race@lancashire.gov.uk.
Report author: Hannah Race
Date of decision: 24/03/2025
Decided at meeting: 24/03/2025 - Audit, Risk and Governance Committee
Accompanying Documents:
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