DEVELOPING A FORMAL AND INTEGRATED RISK MANAGEMENT FRAMEWORK IN THE HIGHER EDUCATION SECTOR: A case study on the University of Nottingham

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Abdul Halim, Kameel (2007) DEVELOPING A FORMAL AND INTEGRATED RISK MANAGEMENT FRAMEWORK IN THE HIGHER EDUCATION SECTOR: A case study on the University of Nottingham. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

The UK is home to some of the world's best universities and indeed boasts one of the world's most highly renowned higher education sectors. Its universities excel in research, teaching and continue to attract students from around the globe and its cities offer ideal infrastructure for learning and student living. Nevertheless the hallowed halls of British universities have not escaped challenges brought on by more difficult operating conditions, regulatory pressure and globalisation and ultimately, increasing uncertainties. As changes in the operating landscape heighten risk elements considerably, universities now increasingly look towards improving their internal capabilities and resources to better manage these risks. Be that as it may, the acceptance and implementation by individual universities of managing risk in an integrated fashion is still heterogeneous where only a few have implemented.

All organisations face risks be they strategic, organisational or financial risks and in some cases, a combination of all three or more types of risks. Crucially however, is how well an organisation, regardless of economic sector, muster the resources available to them to manage these risks.

This study is therefore, an attempt to uncover impediments to implementing formal risk management frameworks in the higher education sector, the corresponding level of maturity in risk management practices. As a unit of study, it will focus on the University of Nottingham to principally assess how to strengthen and galvanise existing processes into an integrated risk management framework.

Item Type: Dissertation (University of Nottingham only)
Keywords: Higher Education Sector, Financial Services Sector, Risk Management Framework
Depositing User: EP, Services
Date Deposited: 10 Mar 2008
Last Modified: 02 Jan 2018 17:01
URI: https://eprints.nottingham.ac.uk/id/eprint/21086

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