Internal Boards and Governance
Our continued success relies on us meeting our customers' needs and our business objectives in a way that protects our Company's values, business reputation and assets.
By working within a framework of policies and standards we effectively direct and control our business today, and develop a sustainable business for tomorrow. This is managed through a governance structure that supports our commitment to adhere to governance requirements of being a UK listed company.
The Serco Group plc Board defines the levels of authority to be delegated to management. Executive management of the Company is the responsibility of the Executive Committee.
The Executive Committee defines the structure of the organisation, including the establishment of Divisions. Each division has a Divisional Board that focus on delivering value and growth which is supported by an Audit and Compliance Committee.
The Division's operate a system of executive and line management processes that reviews and considers Contract strategy, performance and operational, regulatory and other risks.
Our internal boards, executive governance and other management processes ensure that risks faced by the business are identified, assessed and managed. Key controls are then applied to manage these risks. These key controls are monitored and tested through internal audit for application and effectiveness.
Our standards are set out in the attached Internal Boards and Governance Group Standard