14 May, 2021
Risk management has never been so important, and to thrive, educational establishments need to be prepared to embrace the challenge of identifying areas of risk, and then working to creatively manage them. Any establishment prepared to identify and mitigate risk will create a healthy culture that facilitates the achievement of strategic objectives and inspires confidence in those looking to attend, work, support or invest.
An additional benefit is that good risk management reduces the risk of litigation. Claims can be defeated where good risk processes, associated paperwork and operational practice can be evidenced.
Key risk areas which Forbes consider worth of consideration fall into the following categories;
Forbes Education Team have the expertise to advise on these issues in advance, and to handle litigation should it be intimated. Do get in touch if we can be of assistance.