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Corporate Risk
Corporate Risk is the risk to the organisation of failing to deliver to the many demands placed upon it. This risk ranges from failing to provide a satisfactory emergency fire service to failure to comply with legal and financial constraints. The risk is monitored using a central Corporate Risk Register. Senior Management Team (SMT) members monitor aspects of the Risk Register that fall under their responsibility and report changes in the risk level to SMT. SMT consider the impact of the changes in the risk level and may allocate more resources to ensure adequate control of the risk. The status of the Risk Register is reported to the Corporate Board (Principal Officers), the Steering Group, the Audit and Performance Review Committee and the full Combined Fire Authority Meetings. Each of these groups may also choose to re-allocate resources to deal with the risk level. The Risk Register is not currently published on the Internet.
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