Positioning risk management

1
Positioning risk management

• as a critical driver of process within a
  University
• Karyn Hughes, Head Risk Management Deakin
  University

2
Session outline

• What is risk management
• Deakins approach
• Systems
• Processes
• Alignment
• Culture

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Risk management

• the culture, processes and structures that are
  directed toward realising potential opportunities
  whilst managing adverse events
• AS43602004
• http//www.standards.org.au/

4
Overview of the standard
analysing
identifying
evaluating
treatment, monitoring and review
5
Deakins approach to risk management
6
University Council
Audit Risk Finance Business Affairs
Vice-Chancellor
Internal Audit Function
Chief Financial Officer
Senior Executive Deans
Planning Resources
Risk Compliance Management
Head Risk Management Unit
Heads of Organisational Areas
Risk Register Review
Risk Assessments
Risk Registers
Risk Management Unit
Provision of support advice and risk expertise to
risk champions
7
...... program

• Risk program

• Complementary programs

• Business Impact Analysis
• Business Continuity
• Compliance
• Insurance

• Asset management
• Contract management
• Crisis and emergency management
• Environmental sustainability
• OHS

8
...... processes

• Risk registers
• Strategic University level
• Faculty, Institute and Other Area
• Schools and specific functions
• Risk register review cycle

• Enterprise view
• ERMS
• Annual implementation plan
• Embedded
• Consolidation
• Continuous improvement

9
..... systems

• RiskManager

• Inputs Outputs

• Web accessed database RiskManager
• Bishops Phillips Consulting
• Risk registers
• Compliance registers

• Deakin risk criteria
• Risk reporting
• Registers
• Profiles
• Residual risks
• Risk category
• Strategic plan goals etc

10
...... alignment

• Budget
• Strategic and operational planning
• Internal audit
• Contracts, grants and agreements
• Project planning

11
...... culture
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Questions?

• More information on Deakins program
• http//www.deakin.edu.au/staff/services/risk/