Risk Management Policy

Policy Statement

The School is committed to a comprehensive Risk Management Policy that proactively identifies, assesses, and mitigates risks across all operations. This policy underpins our governance framework, ensuring the safety, resilience, and sustainable growth of our academic community. Through rigorous oversight, continuous improvement, and strategic risk management, we safeguard our institution’s objectives and uphold the highest standards of educational excellence and corporate governance.

Principles

  • Proactivity: Risks are anticipated and addressed before they escalate, fostering a culture of forward-thinking and prevention.
  • Accountability: Clear roles and responsibilities are defined, ensuring individuals and teams understand their part in managing risks.
  • Transparency: Open and honest communication about risks is essential, promoting trust and informed decision-making within the School community.
  • Engagement: The whole School community is involved in the risk management process to ensure a broad range of perspectives and knowledge.
  • Integration: Risk management is embedded within all levels of decision-making processes, enhancing strategic outcomes and operational effectiveness.
  • Adaptability: The School’s approach to risk management is flexible, responding to changing contexts and emerging threats.
  • Compliance: Adherence to legal, regulatory, and ethical standards is paramount, protecting the School’s integrity and reputation.
  • Empowerment: Staff and students are encouraged and enabled to manage risks within their areas of control and expertise.
  • Sustainability: Decisions account for long-term risks and opportunities, ensuring the resilience and longevity of the School.
  • Innovation: Encourages and safeguards the creative approaches necessary for academic and operational advancement.
  • Education: Continuous learning and development in risk management practices are promoted, building a knowledgeable community.
  • Collaboration: Partnerships and alliances are fostered, both internally and externally, to share knowledge and strengthen risk management capabilities.

Metrics and KPIs

The following metrics will be measured and regularly reviewed as key performance indicators for the School to ensure the effectiveness of this policy and associated operations.

There are no metrics to display.