13 July 2001
Launching its management paper, Worth the risk: improving risk management in local government, on July 12, the commission said councils often did not have formal risk management plans.
'There is little evidence within councils of the widespread use of an holistic risk management approach covering all types of risk,' the report said. 'There is no "quick fix"…members must commit sufficient resources to risk management both from an implementation perspective and to ensure that systems are sustainable.'
The commission urges councils to implement strategic risk management plans and produce regular risk reports.
PFjul2001
