The best framework for enterprise risk management (ERM) is one that fits your campus’s culture, structure, and needs. Learn what components are common to all ERM programs and what you need to modify for your institution.
Stakeholders are increasingly evaluating their schools, colleges, and universities based on the success of their institutional planning and risk management.
A variety of tools can be used to help build consistency and accountability into your ERM program. Read this blog for specific recommendations to accompany each step of the ERM process.
Whether you are new to the concept or have already initiated an ERM process on your campus, we recommend three key steps to ensure that your program will succeed over time.