Risk Management in Higher Education
Every day, risk managers in higher education help their colleges and universities find ways to say "yes" to ideas, initiatives, and opportunities while managing and mitigating potential impacts to their institutions' assets. College and university assets go far beyond the physical and financial and include faculty, staff, and students, as well as the institution's reputation.
Higher education risk managers stay on their toes as they address a huge variety of ever-changing risks, including emergency management, reputational risk, insurance coverage and claims, minors on campus, sexual assault response, cyber security, natural disasters, international travel, and much more.
Managing risk in higher education is often an enterprise-wide initiative that involves every department and individual; risk managers cross campus silos as they initiate risk mitigation strategies that can impact a college freshman all the way up to the institution's president.