PERFORMANCE AND GOVERNANCE
Managing risk
Effective risk management ensures Amplius can operate successfully under all circumstances. Recognising and mitigating risks allows us to achieve our objectives both strategically and operationally, whilst overcoming threats posed by the internal and external environment. Therefore, some managed risk taking is essential if we’re to meet these objectives.
This is what drives our commitment to have a ‘risk aware’ culture. We acknowledge that risk cannot always be eliminated from the activities we undertake, so a robust approach to risk management with sufficient resource allocated to effective management and regular reporting is essential. The Regulator of Social Housing requires that we have an effective risk management and internal control assurance framework. Our framework includes our strategic approach to risk, our methodology for the assessment of risk, reporting mechanisms and specific risk management responsibilities.