EXECUTIVE POLICY GROUP
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Transcript of EXECUTIVE POLICY GROUP
Enterprise Risk Management www.utdallas.edu
EXECUTIVE POLICY GROUP
Enterprise Risk Management www.utdallas.edu
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.
Enterprise Risk Management www.utdallas.edu
Enterprise Risk Enterprise Risk ManagementManagement
Mitigation Preparedness Response Recovery
Campus Safety & Security
Academic Continuity Operational Continuity
Business Continuity
EmergencyResponse
EmergencyOperations
Notification
Faculty/StudentReadiness
Modes of Instruction
Research
Library
AdministrativeServices
IR DataBackup
IR Systems
LearningMgmt System
Policies
Special NeedsPopulations
RiskAssessment
Internal Audit& Compliance
Enrollment
Planning Preparation & Resilience
Executive Policy Group
Communications
FacilitiesManagement
Finance
Procurement
HumanResources
Research
StudentHousing
International
TrainingTest & Review
Athletics
Academic Affairs
Enterprise Risk Management www.utdallas.edu
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:
1. Mitigation
2. Preparedness
3. Emergency Response
4. Resumption & Business Recovery
Enterprise Risk Management www.utdallas.edu
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
Enterprise Risk Management www.utdallas.edu
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
Enterprise Risk Management www.utdallas.edu
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 www.utdallas.edu
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
Accident prevention
Business Impact Analysis
Business Recovery
Business Resumption
Planning
Command Centers
ERM Perspective
Contingency Planning
Crisis Communication
Crisis Management
Disaster Recovery
Emergency Management &
Response
Strategic Risk
Exercising & Training
Information Security
Mitigation Planning
Risk Control Risk Financing & Insurance
Operational Risk
Safety & Security
Risk Management
EHS Police BAIT Reputation Risk
Event Management
Computer Security
Business Continuity
Regulatory Compliance
Safety & Security Council
Regulatory or Contractual
Risk
Fire Protection Student Housing
Academic
Administration
Operations Risk Mgmt
Adhoc
Committee
Financial Risk