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Office of Risk and Compliance

Enterprise Risk Management

Purpose

ERM advances Kansas State University’s mission by strategically, proactively, and effectively managing risks that impact the university’s strategic goals. ERM allows leadership to continuously manage mission-critical risks within a structured framework and integrates risk-based decision making throughout all levels of the university.

Principles

  • Collaboratively identify, assess, and address mission-critical risks that impact the university’s strategic goals and mission.
    • Strategic, Compliance, Operational and Reputation
  • Integrate risk management principles into routine business practices.
  • Establish accountability and promote transparency for risk management activities throughout all levels of the university.
  • Ensure the ERM process is simple, continuous and adds value to the university.