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Curated content on higher education presented by the Society for College and University Planning (SCUP).
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A New View of Opportunity and Risk Through Dashboards | July 2014, Pittsburgh

A New View of Opportunity and Risk Through Dashboards | July 2014, Pittsburgh | SCUP Links | Scoop.it
Get a new view of your institution's risks and opportunities through dashboards that analyze and aggregate information from legacy systems, financial statements, and public agency data into actionable key performance indicators (KPI). Intelligent allocation of resources relies on accurate information. The University of California (UC), with its 41 dashboards and 157 KPIs, reduced the cost of risk, improved credit ratings, and enhanced performance. In particular, through business trends and landscape data presented in charts, graphs, and reports, UC has identified specific areas of loss and cut out millions in workers' compensation costs.


Learning Outcomes:


  1. Develop performance measures from interviewing administrators and risk managers across an enterprise.
  2. Refine performance measures into key performance indicators (KPIs) and key risk indicators (KRIs) for dashboard charts and tables.
  3. Leverage landscape and historical trend information from dashboards to pinpoint areas of loss and areas of opportunity.
  4. Examine programs and strategies to cut out costs in key areas.
Society for College and University Planning (SCUP)'s insight:

Join 1,500+ peers, colleagues, and other experts for higher education's premier planning event. [PA]

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Essay on the need for administrators and faculty to discuss risk | Inside Higher Ed

Essay on the need for administrators and faculty to discuss risk | Inside Higher Ed | SCUP Links | Scoop.it

About a year ago I was paging through a report prepared for our college by a group of leading risk-management consultants. Illustrated with brightly colored heat maps and tables, the report’s conclusions looked fairly reasonable.  But then I reached a chart titled “Reputation Risk.” Tucked among the factors that contribute to reputation, listed only after “branding” and “community relations,” was the phrase “academic excellence.”

Society for College and University Planning (SCUP)'s insight:

This!


Corporate jargon may help explain why campuswide awareness of risk has not fully taken hold at many academic institutions. Deans, presidents, and faculty leaders can find the framework of Enterprise Risk Management, commonly known as ERM, alienating. The talk of suppliers, products, deliverables, and profits is not our language.

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The difficult, the dangerous, and the catastrophic: Managing the spectrum of climate risks

We argue that the notion of a single, global threshold of dangerous climate change, has outlived its usefulness as a focus for the climate discourse. In its place, we propose a new climate risk management framework that incorporates the inherent limits to mitigation and adaptation, and links scientific risk assessment with social values and risk perceptions. This risk management quadrants framework overcomes the problems with the dangerous threshold by restructuring the climate challenge around minimizing collective suffering, rather than averting a distant catastrophe.

Society for College and University Planning (SCUP)'s insight:

Interesting concept that could apply to other kinds of risk management. What do you think?

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Rutgers University's Hurricane Sandy Report

Society for College and University Planning (SCUP)'s insight:

Much to learn in this report.“While there were many positive findings, the university knows there are always opportunities to learn and improve,” Keleman added.Most of the recommendations for improvement identified in the review have been implemented, including:refining response protocols;improving protection of information and communication infrastructure;identifying alternative work sites for staff in the event of relocation; andincreasing social media links on the campus status page.Other recommendations are in the process of being implemented, such as upgrading generator systems and increasing emergency supplies in residence halls and other locations on all campuses. Rutgers will continue to solicit input and support from the entire university community to further improve emergency management systems and practices.The report, which was developed largely for internal planning purposes, was thoroughly reviewed to ensure that advisory information and specifics of university security remained confidential, can be found here.

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