Comprehensive Enterprise Risk Management for Campus Safety and Business Continuity
The Executive Policy Group at UTDallas embraces an integrated approach to Enterprise Risk Management (ERM), focusing on organizational management, campus safety, and business continuity. By assessing and mitigating risks through strategic initiatives—such as preparedness, emergency response, and recovery management—we enhance operational readiness and efficiency. Our emphasis on continuous improvement, clear communication of responsibilities, and integration of risk management into business processes ensures that all employees are engaged in fostering a safe and resilient campus environment.
Comprehensive Enterprise Risk Management for Campus Safety and Business Continuity
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Presentation Transcript
EXECUTIVE POLICY GROUP Enterprise Risk Management Campus Safety Security & Business Continuity Enterprise Risk Management www.utdallas.edu
Enterprise Risk Management (ERM) • ERM forms an important element of organizational management and provisioning of consolidated services. • The effective deployment of resources performs a rollup of risks into a holistic view. • Monitoring and testing provides transparency into the operational ‘state of readiness’ at most process points to effectively manage organizational efficiency.
Notification IR Systems Emergency Response Administrative Services Training Test & Review Campus Safety & Security Finance Business Continuity Risk Assessment Procurement IR Data Backup Emergency Operations Executive Policy Group Enterprise Risk Management Faculty/Student Readiness Human Resources Facilities Management Special Needs Populations Planning Preparation & Resilience Modes of Instruction Enrollment Policies Internal Audit & Compliance Learning Mgmt System International Communications Library Academic Affairs Research Student Housing Operational Continuity Athletics Academic Continuity Research Mitigation Preparedness Response Recovery
Integrated Framework ERM Policies Present a holistic method of managing both operational and strategic risks across the organization. The strategic plan for Enterprise Risk Management includes four strategic initiatives for all areas: • Mitigation • Preparedness • Emergency Response • Resumption & Business Recovery
Management Activities • Create high level-risk strategy (policy) aligned with strategic business objectives • Create a risk management organization structure and ensure clear reporting lines • Develop/assign responsibilities for risk management • Communicate vision, strategy, policy, responsibilities and reporting lines to all employees across organization
Embed Risk Activities into ongoing Business Processes • Align and integrate risk management activities within all processes • Embed real-time controls related to risk into digital systems as appropriate • Develop continuous improvement processes related to risk
Measure & Monitor • Identify key performance indicators and critical success factors related to risk • Establish success measures for risk strategy/activities • Provide a periodic process for measuring risk/return • Identity and implement monitoring processes and methods of feedback
Enterprise Risk Management is meant to have a broad meaning as an all-encompassing term to describe an integrated and enterprise-wide comprehensive processes that include: 1.) emergency response; 2.) resumption; 3.) recovery; and 4.) restoration
