July 11, 2014
Teaching students to turn risk into opportunities
Providing opportunities for K-State students and helping them develop into tomorrow's leaders are goals of Greg and Mamie Case, Winnetka, Illinois. They've donated more than $1 million to K-State's Center for Risk Management Education and Research, or CRMER, to create the Greg and Mamie Case Integrated Risk Management Endowment.
The center engages students, both undergraduate and graduate, and industry partners in innovative education and research, advancing their risk management skills and knowledge. The center is a joint effort of faculty and students from K-State's colleges of Agriculture, Business Administration, Engineering and Arts & Sciences. Additional partners from across campus also participate.
"By supporting the Center for Risk Management Education and Research, we can create opportunities for interested students to learn that risk is opportunity, that businesses can achieve their desire for predictability by understanding risk and how it will impact their organizations," said Greg Case, K-State alumnus and president and CEO of Aon, a global risk management and HR solutions firm. "Gaining this perspective through the center will allow those students to understand that the challenges associated with managing risk are enormous, but the organizations that confront risk head-on will stand to make tremendous gains for their stakeholders.
The funds from this endowed gift will be used for student fellowships, student educational experiences, program development, faculty support and other needs determined by the center's director.
"I hope this gift can, in some small way, elevate the discussion around risk management," Case said. "With the growing presence of non-traditional risks such as cyber risk, pandemic risk and social media risk, it is important that we have a strong national dialogue, not only in board rooms but on college campuses, on what we need to do to address these challenges because of the impact they and other such risks can have on our global economy."