Sample Enterprisewide Risks for a Liberal Arts College

July 2014 | 1 Comments  Average 0 out of 5

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Here are some risks a liberal arts college might face that could necessitate the implementation of an enterprisewide risk management (ERM) strategy.

  • Gaps in effectively addressing student mental health and substance abuse
  • Campus emergency planning
  • Fiscal balance; monitoring and modeling revenues and enrollment strategies
  • Protection for minors on campus
  • Cybersecurity
  • Road travel safety
  • Handling, storage, and disposal of hazardous substances on campus
  • Global travel by students and employees
  • Coordination of ADA accessibility and accommodations
  • Centralized compliance database of policies, with focus on nondiscrimination and safety codes
  • Student retention and graduation rates; tracking effectiveness of interventions
  • Data integrity—analytics and reporting

1 Comments

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    Retention of key employees should also be on this list

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