The Implementation of The Risk Register by The Leaders of Preuniversity Educational Organizations
Keywords:Risk management, educational risk, risk register, risk in educational organizations, leaders
AbstractResearch issue: Risk management, as part of a management educational organization, is an important process which integrates identification of risks, risk assessment, developing strategies to manage it, and mitigation of risk using managerial methods, techniques and tools. The main objective of the iterative risk management process is to reduce the identified risks, associated with the activities carried out by each structure, as part of the educational entity. As an integral part of risk management, identifying risks or analyzing the future of an organization is a dynamic process that is realized by discovering all the feasible sources that can generate risks, in order to eliminate or diminish the effects that they can produce by the impact they have on achievement of the general and specific objectives set by the organization. The implementation of the risk register, at the level of the educational organizations, involves completion of all specific stages of risk management and elaboration of a document confirming the existence of a functional risk monitoring system, but also of a database with the identified risks, by the leaders of the educational organization. Methodology: The main uses for this paper are observation of the economic and educational national and international experience of the authors, questionnaire applied to teacher from pre-school and primary stages of education. The purpose of questionnaire was to identify all risks from educational organization, as well as teachers perception about the impact on the objectives in case of risk materialization, but also the causes that favor the emergence of risks. Originality: The paper is of particular importance because it describes all the stages of the iterative risk management process carried out in the educational organizations, the analysis of the questionnaires applied to the teachers, the elaboration of the risk register as well as approaches of its implementation in the educational organizations. The paper describes the different risk identification tools and techniques in the risk management process, which methods are used in the different steps in order to identify the risk, and it provides some examples for risk in educational area. Conclusion: The implementation of the risk register contributes to ensuring the quality of education, efficient use of resources, to attract new resources and to encourage teachers to gain a responsible attitude towards achieving the general and specific objectives of the educational organization by improving the complex risk management process.
Andersen, T. J., Schroder, P. W. (2010). Strategic Risk Management Practice – How to Deal Effectively with Major Corporate Exposures. UK: Cambridge University Press.
Biswar, P. (2017). Strategic direction as currently stated in ISO 9001:2015. Bucharest.
Ceauşu, I. (2000). Encyclopedic Managerial Dictionary, Academic Management Publishing House, Hoboken, New Jersey. http://isoconsultantpune.com/iso-90012015-strategic-planning-bypretesh-biswas-apb-consultant
Hubbard, D. (2009). The Failure of Risk Management. Published by John Wiley &Sons, Inc.,
Huber, M. (2011). The risk university: Risk identification at higher education institutions in England. CARR Discussion Papers (DP 69). Centre for Analysis of Risk and Regulation, London School of Economics and Political Science, London, UK. ISBN 9780853284345
Risk management methodology (2018). Project selected within the Operational Program Administrative Capacity co-financed by the European Union, from the European Social Fund, Structural Instruments 2014-2020, https://sgg.gov.ro/new/wp-content/uploads/2018/07/Metodologia-demanagement-al-riscurilor-2018.pdf .
The International Standard 31000 (2018). Risk management. retreived from https://www.iso.org/obp/ui#iso:std:iso:31000:ed-2:v1:en.
Copyright (c) 2019 The Authors & LUMEN Publishing House
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant this journal right of first publication, with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work, with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g. post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g. in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as an earlier and greater citation of published work (See The Effect of Open Access).
LUMEN EAS Journal has an Attribution-NonCommercial-NoDerivs