The principles of good risk management and opportunity identification should be embedded at all levels of decision-making. Risk management and the identification of opportunities is undertaken at the University of Warwick as a positive business driver. It should encourage innovative and entrepreneurial approaches to the activities we undertake while assessing and accounting appropriately for the risks that the University faces.
Risk Management at Warwick
The University Risk Management Policy (approved by Council on 12 February 2015) outlines the current approach of the University to risk management and the general responsibilities of those involved in managing and overseeing risk.
Risk Management for Departments
Risk management in all types of departments is undertaken as an integral part of the Strategic Planning Process. Guidance on the identification, assessment and communication of key risks is detailed within the Strategic Planning Process document.
Further Information & Guidance
Whilst the “Risk Management at Warwick” and Strategic Planning Process documents provide an overview of how risks should be managed across the University, the Institutional Resilience Team encourages you to contact them to discuss risk management arrangements within your department. The team is able to offer guidance and advice in the form of meetings, risk workshops and presentations and can develop bespoke sessions to focus on the issues that are pertinent to individual departments.
If you would like to discuss this further, please contact Ben Pithouse, Head of Institutional Resilience (x50949) or Hywel Rowles, Assistant Registrar (Resilience) (x24768) or email firstname.lastname@example.org.
University Risk Appetite Statements (under development)