Risk Management

Both private and public colleges and universities have struggled with financial pressures and, increasingly, some have taken extraordinary measures in response.  From 2016 to early 2020, roughly 40 nonprofit institutions closed and another 50 experienced some form of merger or …

This new book is a how-to guide designed to enable boards of trustees and presidents to lead their institutions through major crises. Terrence MacTaggart describes the kinds of crises common in the higher ed sector and offers practical advice to …

April 8, 2020 - Cybersecurity in a Brave New World Although 21st-century technology, web-based transactions, and artificial intelligence offer incredible new opportunities in higher education, these opportunities are countered by new areas of risk. Many boards …

April 6, 2020 - Managing Reputational Risk Many higher education governing boards have adopted enterprise risk management practices over the past decade. But risk registers, whether developed and monitored by auditors, the chief business officer, a …

This biennial publication frames the most pressing challenges currently facing colleges and universities—those that influence how each institution operates and that demand the board’s strategic oversight and vision. The ability of a governing board to deal effectively with the following …

The first edition of this AGB best-seller made the case that board members must collaborate effectively with institutional leaders to assess and manage an array of operational and strategic risks. The new edition from United Educators CEO Janice Abraham and …

The new edition of this essential guide to Enterprise Risk Management (ERM) will be available for purchase and e-book download (for AGB members) later this month. Excerpted below are brief selections from the text which AGB feels may offer helpful guidance …

Every moment matters now in responding to the Coronavirus Disease 2019 (COVID-19) pandemic, and AGB is urging the boards of U.S. higher education institutions to move quickly to mitigate the crisis while safeguarding the missions of their institutions. AGB will …

I’ve been thinking a lot about risk. Is risk something inherently bad that threatens to undermine and wreak havoc, or is it a necessary component to building a resilient, thriving organization? Is it something to be avoided, or to be embraced? …

With a challenging and uncertain environment for higher education institutions, an enterprise risk management (ERM) approach is a highly effective way to help ensure the foundation positions itself to support the institution’s current and future financial situation by factoring all …