Risk management forms part of the management’s core responsibilities and is an integral part of the internal processes of the municipality/council/school district. Worldwide, managers are simplifying the processes and practices of risk management to optimize the cost-benefit thereof, with a greater shift away from compliance for the sake of compliance, to a greater focus on the pursuit of value creation opportunities, the achievement of objectives, and the mitigation of potential value destruction.
The term ‘integrated risk management’ has become a popular way of describing the application of risk management throughout an entire municipality/council/school rather than only in selected business processes or disciplines (the silo approach). It is important that different types of risk receive appropriate attention at an operational or process level. For each organization, however, stakeholders want to see a single coherent strategy for managing their wide range of enterprise and operational risks. Stakeholders need to observe that they have a proactive and systematic approach to managing their risks.
GovernmentFramewworks.com help organize and track your risks, so you can prioritize tasks needed to manage and/or overcome the various risks you face.
View and filter enterprise risks diagrammatically for additional insight and actioning.
Provide structure & repetition to obtain increased productivity & efficiency for your organization.
Update risks and controls immediately there are any changes.
Proactively manage with prompt assessments when indicators are out of tolerance.
Risk management creates value for a Local Government and its community and should contribute to the demonstrable achievement of objectives whether in strategic or project-based initiatives or in normal operations. It is an integral part of good management practice and an essential element of sound corporate governance.
Risk management involves establishing an appropriate framework and culture, and applying a logical and systematic method to identify and manage risks by:
Our Framework enables your organization to become risk-aware, rather than risk-averse and can make informed decisions based on a sound risk management process.
Municipalities/Councils are committed morally and financially to the concept and resourcing of risk management. Executives, managers, and supervisors have the responsibility and accountability for ensuring that all staff manage the risks within their own work areas. Risks should be anticipated, and reasonable protective measures taken.
Managers should encourage openness and honesty in the reporting and escalation of risks. Staff should be encouraged to alert management to the risks that exist within their area, without fear of recrimination and, after appropriate training, adopt the principles and comply with all policies, procedures and practices relating to risk management.
It is the responsibility of every department to observe and implement this policy in accordance with procedures and initiatives that are developed by management.
GovernmentFrameworks.com helps your organization improve staff engagement and enable distributed risk management by utilizing guided single page risk templates, simple task lists, and easy reporting.
Public schools have a mandate to educate children in a way that is safe, effective, and cost efficient. The risks involved in achieving that mandate have become increasingly complex, and the need to manage those risks has never been greater. The emergence of widespread, interconnected risks, such as cyber risks and data management, infrastructure risks, privacy, the threat of terrorism, and workplace violence makes it clear that public schools need a new approach to managing risk.
Many of the most pressing risks and the uncertainties associated with achieving a school district’s key mission go beyond insurable risks or activities under the direct control of a school district; they now include a broader range of uncertainties. A broader approach to risk management is needed together with a comprehensive suite of risk management resources which address safety, compliance, and liability risks at schools and on campus.
Implementing ERM can help districts navigate the challenges faced in a world of uncertainty. It provides a framework for strategic thinking, consistent management, continual improvement, and communication. It also specifies a process for assessing risk that supports strategy, goals, and objectives. ERM is a practical model that helps prioritize all risks and brings focus to decisions and activities.
Our risk framework for public school districts helps build resilience and preparedness for all stakeholders. Implementing our ERM framework can be a low-cost, high-yield strategy that improves the chances that you will be able to achieve your most important goal—the education of the next generation.
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