![]() promote a One Flight Centre approach to risk management, including a common risk language.ensure that risks faced by Flight Centre are understood and managed.This policy is a key element of Flight Centre’s Risk Management Framework, which supports an integrated and systematic approach to managing risk, in order to: Risk management at Flight Centre is also referred to as operating in a no-surprises environment and about making informed decisions when considering risk and reward appropriately. Flight Centre’s risk management decisions and practices are made in accordance with Flight Centre’s Philosophies, which set out Flight Centre’s vision, purpose, and values. Risk management is the responsibility of all employees.įlight Centre is committed to a comprehensive and systematic approach to the effective management of potential opportunities and adverse effects. The policy applies to Flight Centre and any of its subsidiaries or related bodies corporate. Risk management is identifying, evaluating, analysing, treating, monitoring and reviewing the risk. Risk is defined as the chance of something occurring which will adversely (or otherwise) impact an objective. This Risk Management Policy is the overarching policy statement about the role of risk management within Flight Centre and the associated responsibilities of management and staff.
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