Management philosophy this chapter helps prepare fire service executive staff incident commanders ics and other emergency responders in the following ways j defining risk and risk management j describing the risk management mission j providing examples of operational risk management considerations. Risk management in the fire service will help you and your department understand risk management and the problems that you face in addition you will learn how you and your personnel can manage. Risk management calls for a multi faceted approach that encompasses many elements some of which are safety health financial impact loss control it is a fundamental tenet of risk management that it be an ongoing evolving regularly refreshed and continuously improved process the manual is designed as a comprehensive guide that helps fire and. Managing risk loss and finances in the fire service despite the fact that money buildings equipment materials and personnel all are needed to protect life and property in any community