7
Agenda Item:
Paper Number
MEETING:
CQC PUBLIC BOARD MEETING
DATE:
20 March 2013
6
CM/02/13/05
TITLE OF PAPER: CQC STRATEGIC RISKS
SUMMARY:
This paper provides the Board with current strategic risk information.
RECOMMENDED ACTION:

The Board are asked to APPROVE the draft strategic risk register attached to this
report as a key element of CQC’s approach to managing risk.
Board Agreement/Endorsement
Board Discussion
LEAD DIRECTOR:
Louise Guss
AUTHOR:
Amanda Bellis
DIRECTORATE
Governance and Legal Services
DATE:
6 March 2013
SUPPORTING PAPERS:
Annex A – Strategic risk register
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Agenda Item:
Paper Number
6
CM/02/13/05
GOVERNANCE
AUDIT TRAIL:
The strategic risks identified were developed by members
of the Board and the Executive Team at a joint workshop
on 17 October 2012. The mitigating actions and evidence
of mitigation have been further developed from those
agreed risks and the integrated register is attached for
approval.
LINK TO STRATEGIC
OBJECTIVES AND
BUSINESS PLAN
The strategic risk register has been developed using the
current strategic objectives, business plan and draft
strategic objectives for 2013-16, each risk is aligned to
these objectives.
IMPLICATIONS FOR NCSC
Although there are no specific mitigating actions for NCSC
at this level, some underpinning actions may have an
impact for NCSC and these will be developed in
partnership.
FINANCIAL IMPACT:
N/A.
RISK IMPACT:
The Strategic Risk Register forms part of CQC’s risk
management model. The register reports identified risks,
controls and mitigating actions at a strategic level.
REPUTATION IMPACT:
The Strategic Risk Register is presented at all Public
Board meetings and is in the public domain via the
publication of Board papers on CQC’s external website.
LEGAL IMPLICATIONS:
HEALTHWATCH IMPACT:
There are no legal implications of this paper.
Although there are no specific mitigating actions for
Healthwatch at this level, some underpinning actions may
have an impact; these will be developed in partnership with
the Healthwatch who will develop their risks and issues as
part of their governance.
EQUALITY IMPACT
ASSESSMENT:
N/A.
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Agenda Item:
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1.
Background
At the Board Risk workshop on 17 October 2012 there was a discussion on defining the
strategic risks for the organisation. Since then there has been work on developing the
mitigating actions supporting each strategic risk, and alignment of the strategic risks with
the six strategic shifts.
2. Executive Summary
The Audit and Risk Assurance Committee recommended a thorough review of the
strategic risk register to align the register with the revised strategic priorities.
Significant progress has been made to refresh the strategic risk register including
alignment of the 7 original strategic risks identified by the Board on 17 October with CQC’s
6 strategic shifts. A refreshed strategic risk register is now attached for Board
consideration and approval.
3. The Strategic Risks
The 7 original strategic risks identified by the Board have now been amended to 6 risks
and aligned with CQC’s six strategic shifts as follows;

The risk originally numbered 6 concerned information and is now
incorporated into “partnership” (risk number 3) and “delivery” (risk number 4)

The remaining five risks remain unaltered
In addition the mitigation owners for each strategic risk have been aligned with the lead
Director for each programme in the corporate business plan.
4. Next Steps
The strategic risk data will now govern the structure for the corporate risk data and the
corporate risks will now be mapped to all 6 strategic risk areas. The Board are invited to
consider and approve the strategic risk information as detailed in Annex A.
ANNEXES:
Annex A – Draft strategic risk register
Name:
Title:
Date
Louise Guss
Director of Governance and Legal Services
6 March 2013
Page 3 of 3