Director of Risk Management
American University of Ras Al Khaimah
Conference Day One: Monday, 30 September 2019
Monday, September 30th, 2019
With Universities facing low enrollment numbers, loss of revenues, increased intellectual property infringements, copyright issues, reputational risks, it is more than critical that educational institutions give more importance to risk management and fraud prevention.
Key question - What are the obstacles in implementing an Enterprise Risk Management framework at academic institutions? What needs to be done in order for these obstacles to be removed?
1. Integrating Risk Management into the overall university strategic plan with Board of trustees oversight
2. Developing impactful training sessions for employees in order to raise awareness of risk and planning for uncertainty
3. Converting the risk register from an art piece into a dynamic action oriented document updated regularly.