Developing Risk Management as New Concept to Manage Risks in Higher Educational Institutions

Generally, the higher education institutions and students have been significantly increased from year to years in order to meet the needs of global labor and develop the country's economy better. On the other hand, they also carry out teaching, research, community service, and commercial activities. This diversity of activities creates more risks diverse and complex as well as a wealth of opportunities for higher education institutions. A solution considered is by implementing the risk management as a new concept to understand and manage the risks associated with those activities and making new opportunities, is challenging and critical to preserving and protecting reputation, and resources of institutions. This article discussed the importance of the role of risk management and to implement a risk-management program in higher education institutions that have high expectations as a world-class education institution. The risk-management program is also more optimal if it supported by a good communication between all leaders and staffs in the organizational environment.

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Developing Risk Management as New Concept to Manage Risks in Higher Educational Institutions

International Journal of Risk and Contingency Management ◽

10.4018/ijrcm.2017010103 ◽

2017 ◽

Vol 6 (1) ◽

pp. 43-53

Author(s):

MingChang Wu ◽

Didik Nurhadi ◽

Siti Zahro

Keyword(s):

Risk Management ◽

Educational Institution ◽

Educational Institutions ◽

Higher Educational Institutions ◽

High Expectations ◽

Good Communication ◽

Commercial Activities ◽

World Class ◽

Higher Educational

Generally, higher educational institutions and students have been significantly increased year after year, which is instrumental in meeting the needs of global labor and making the national economy of the country better, stronger, and more stable. Meanwhile, these institutions also carry out teaching, research, community service, and commercial activities. Such varied activities create more diverse and complex risks as well as a wealth of good chances for the institutions. A considered solution is implementing the risk management as a new concept to understand and manage the risks associated with those activities and grab new opportunities. This is very challenging and critical to preserving and protecting the resources and reputation of institutions. This article discusses the importance of the role of risk management and its implementation in higher education institutions that have high expectations as a world-class educational institution. Also, the implementation will be more optimal if supported by a good communication between all leaders of an organization and their staffs.

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The Railroad Fatigue Risk Management Program at the Federal Railroad Administration: Past, Present and Future

PsycEXTRA Dataset ◽

10.1037/e736312011-001 ◽

2006 ◽

Keyword(s):

Risk Management ◽

Management Program ◽

Risk Management Program

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Influence of the characteristics of competences on the employability of graduates of Higher Education Institutions

Revista Iberoamericana de la Educación ◽

10.31876/ie.v3i3.41 ◽

2020 ◽

Vol 3 (3) ◽

Author(s):

Miguel Cueva Zavala

Keyword(s):

Higher Education ◽

Labor Market ◽

Public Sector ◽

Human Resources ◽

Human Resource ◽

Higher Education Institutions ◽

Education Institution ◽

Institutions Of Higher Education ◽

Contemporary World ◽

Active Population

This research has a singular and notable importance, because if something should concern a Higher Education Institution, it is knowing what is the destiny within society of the human resource trained in its classrooms, that product that the institution delivers to the community who are its graduates and professionals. For the Institutions of Higher Education it is satisfactory on the part of employers, that the training received in the Institution of Higher Education is indicated, that the majority of graduates and professionals are incorporated into the occupational market; that is to say; some exercise their profession and others do it in occupations that do not correspond to their profession, which is justified, being aware that one of the great problems of the contemporary world is undoubtedly the lack of demand for human resources for stable work, which according to Authorized and reliable studies of every 10 people who join the economically active population, only 3 have real possibilities of fully joining the labor market, either in the private or public sector.

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DEMOCRATIZATION OF THE SOCIAL ENVIRONMENT OF HIGHER EDUCATION INSTITUTION AS A PREREQUISITE FOR THE INDIVIDUALS’ DEVELOPMENT POTENTIAL OF THE SUBJECTS OF ITS ACTION

The Educational Discourse a collection of scientific papers ◽

10.33930/ed.2019.5007.18(11-12)-1 ◽

2020 ◽

pp. 7-24

Author(s):

Volodymyr Ryabchenko

Keyword(s):

Higher Education ◽

Human Capital ◽

Social Environment ◽

Higher Education Institutions ◽

Social Systems ◽

Education Institution ◽

Human Capital Development ◽

The Social ◽

Conceptual Problems ◽

Capital Development

There are following prerequisites outlined in this article: worldwide democratization trend; complexity of structures of social systems; growing needs in human capital development; autonomy of national higher education institutions; civilizational problem of Ukraine in national elite. Conceptual problems on a road to real democracy in higher education institutions were actualized and analyzed. Determined and characterized three models of higher education institutions activities based on the level of democratization needs of their social environment as: negative, neutral and favorable.

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Analysis of Bio-Risk Management System Implementation in Indonesian Higher Education Laboratory

International Journal of Environmental Research and Public Health ◽

10.3390/ijerph18105076 ◽

2021 ◽

Vol 18 (10) ◽

pp. 5076

Author(s):

Anom Bowolaksono ◽

Fatma Lestari ◽

Saraswati Andani Satyawardhani ◽

Abdul Kadir ◽

Cynthia Febrina Maharani ◽

...

Keyword(s):

Higher Education ◽

Risk Management ◽

Management System ◽

Gap Analysis ◽

Secondary Data ◽

Education Institution ◽

Management Systems ◽

Primary Data ◽

Risk Management System ◽

The Impact

Developing countries face various challenges in implementing bio-risk management systems in the laboratory. In addition, educational settings are considered as workplaces with biohazard risks. Every activity in a laboratory facility carries many potential hazards that can impact human health and the environment and may cause laboratory incidents, including Laboratory Acquired Infections (LAIs). In an effort to minimize the impact and occurrence of these incidents, it is necessary to evaluate the implementation of a bio-risk management system in every activity that involves handling biological agents. This study was conducted in an Indonesian higher-education institution, herein coded as University Y. This is a descriptive, semi-quantitative study aimed at analysing and evaluating the implementation of the bio-risk management systems used in laboratories by analysing the achievements obtained by each laboratory. The study used primary data that were collected using a checklist which referred to ISO 35001: 2019 on Laboratory Bio-risk Management. The checklist consisted of 202 items forming seven main elements. In addition, secondary data obtained from literature and document review were also used. The results show that out of 11 laboratories examined, only 2 laboratories met 50% of the requirements, which were Laboratory A and B, achieving good performance. Regarding the clauses of standards, a gap analysis identified leadership, performance evaluation, and support as elements with the lowest achievement. Therefore, corrective action should be developed by enhancing the commitment from management as well as improving documentation, policy, education and training.

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FEATURES OF ACCOUNTING AND ANALYTICAL SUPPORT FOR ENTREPRENEURIAL RISK MANAGEMENT

International scientific journal Internauka Series Economical Sciences ◽

10.25313/2520-2294-2021-12-7813 ◽

2021 ◽

Author(s):

Ruslan Skrynkovskyy ◽

◽

Oleh Kramar ◽

Khrystyna Zamula ◽

Vasyl Khmyz ◽

...

Keyword(s):

Risk Management ◽

Management Program ◽

Negative Consequences ◽

Development Trends ◽

Stage Of Development ◽

Risk Management Program ◽

Industry Affiliation ◽

Business Entities ◽

Entrepreneurial Activities ◽

The Impact

The article reveals the features of accounting and analytical support for entrepreneurial risk management. It was found that entrepreneurial risk is a certain act as a result of which the business entity may suffer losses. It is proved that entrepreneurial risks should be classified according to the specifics of origin, the specifics of the legal settlement, the specifics of industry affiliation, the specifics of the consequences, the specifics of the duration of the impact of entrepreneurial risk, the specifics of the expression of will, the specifics of the form, the specifics of the level of typicality, the specifics of the level of validity, the specifics of the possibility of assessing and resolving the impact, the specifics of the possibility of insuring entrepreneurial risks, the specifics of the occurrence of entrepreneurial risks by sources of origin, the specifics of the scale of the impact, the specifics of the level of losses and the specifics of character. It is established that the process of entrepreneurial risk management is the process of managing the activities of the business entity as a whole and its individual parts, and takes into account the management of not only existing risks but also potential entrepreneurial risks in space and time, that may occur in the future during entrepreneurial activities. It is determined that the process of entrepreneurial risk management should take into account the stage of preparation and implementation of appropriate measures to reduce the risk as a result of making erroneous decisions by business entities, the stage of reducing the impact of possible negative consequences that may occur, especially, if the entity operates in unexpected changes and alarming development trends, as well the stage of development and implementation of the Declaration on Risk Management and the Risk Management Program. It is established that the important information on which it is possible to estimate possibility of occurrence of entrepreneurial risks, is the accounting reporting. In the perspective of further research, it is recommended to study entrepreneurial risks in Ukraine in the context of such aspects as causes, consequences and management.

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