The Council’s existing ‘Risk
Management Policy, Strategy and Methodology’ has been in
place since 2014. It has provided a good foundation for consistent
assessment and reporting of risks across the organisation.
The refreshed Risk Management Strategy and Policy builds upon the
strengths of the existing risk management regime, and moves the
focus firmly onto the activity of appropriately managing risk. It
provides clear guiding principles on the levels of risk that we are
empowered to take (risk appetite) and the levels of risk that we
actively manage and reduce. It seeks to embed risk management into
our everyday thinking and decision-making.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 08/06/2018
Decision due: 12 Jul 2018 by Cabinet
Lead member: Cabinet Member for Finance, Modernisation & Performance
Lead director: Corporate Director Resources & Section 151 Officer
Contact: Christine Salter, Section 151 Officer Email: c.salter@cardiff.gov.uk.
Scrutiny Consideration: Amber