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MGT-307 Enterprise Risk Management: A Collaborative Community Mitigation Effort - Jul 2025 UAF/TEEX

Full Description
Enterprise Risk Management (ERM) is crucial for organizations because it provides a structured and comprehensive approach to identifying, assessing, managing, and mitigating risks that can impact the achievement of an organization's goals and objectives. ERM allows organizations to view risk holistically, considering all potential risks across different areas of the business. This approach helps organizations identify interdependencies between risks and make informed decisions that take into account the broader impact on the organization's goals. This has been greatly amplified by the COVID-19 pandemic, which caused many institutions of higher education to pivot to remote work and address multiple new risks posed to their organizations.

Given the complexity of risks faced by higher education institutions, specialized ERM training is essential. This training equips staff and administrators with the skills to implement effective risk management strategies tailored to the education sector. The desired outcome of this training is that community leaders and first responders understand and have the basic knowledge, skills and abilities (KSAs) in Enterprise Risk Management (ERM) and conducting an annual risk assessment. The training is expected to impact state and local communities' ability to develop an Enterprise Risk Management (ERM) Committee and conduct a thorough annual risk assessment.

Course Objectives
Explain the benefits of enterprise risk management as it relates to institutions of higher education.
Explain strategies that can be leveraged to reduce the impact of operational risk on an institution of higher education's ongoing management processes.
Explain strategies that can be leveraged to reduce the impact of financial risk on an institution of higher education's ongoing management processes.
Explain strategies that can be leveraged to reduce the impact of strategic risk on an institution of higher education's ongoing management processes.
Explain strategies that can be leveraged to reduce the impact of compliance risk on an institution of higher education's ongoing management processes.
Explain strategies that can be leveraged to reduce the impact of reputational risk on an institution of higher education's ongoing management processes.
Explain the role of an ERM Committee in identifying, assessing, and mitigating risks that could impact an institution of higher education.
Training Dates
07/17/2025 - 07/17/2025
Hours
8h 0m
Fee
None Specified
Training Location
University of Alaska Fairbanks (UAF)
Akasofu Building Rm 501
2160 Koyukuk Drive
Fairbanks, AK  99775
Reporting Instructions
POC:
Katherine Janoski
Emergency Manager
University of Alaska Fairbanks
Office: 907.474.5284
Mobile: 910.494.3920
kajanoski@alaska.edu
Documents
Signup Details
Register at:
https://my.teex.org/TeexPortal/Default.aspx?MO=mCourseCatalog&D=LS&C=MGT307&S=12
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