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Enterprise Risk Management www.utdallas.edu EXECUTIVE POLICY GROUP Enterprise Risk Management www.utdallas.edu Enterprise Risk Management Campus Safety Security & Business Continuity

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Enterprise Risk Management www.utdallas.edu

EXECUTIVE POLICY GROUP

Enterprise Risk Management www.utdallas.edu

Enterprise Risk Management

Campus Safety Security & Business Continuity

Enterprise Risk Management www.utdallas.edu

Enterprise Risk Management (ERM)

• ERM forms an important element of organizational management and provisioning of consolidated services.

• The effective deployment of resources performs a rollup of risks into a holistic view.

• Monitoring and testing provides transparency into the operational ‘state of readiness’ at most process points to effectively manage organizational efficiency.

Enterprise Risk Management www.utdallas.edu

Enterprise Risk Enterprise Risk ManagementManagement

Mitigation Preparedness Response Recovery

Campus Safety & Security

Academic Continuity Operational Continuity

Business Continuity

EmergencyResponse

EmergencyOperations

Notification

Faculty/StudentReadiness

Modes of Instruction

Research

Library

AdministrativeServices

IR DataBackup

IR Systems

LearningMgmt System

Policies

Special NeedsPopulations

RiskAssessment

Internal Audit& Compliance

Enrollment

Planning Preparation & Resilience

Executive Policy Group

Communications

FacilitiesManagement

Finance

Procurement

HumanResources

Research

StudentHousing

International

TrainingTest & Review

Athletics

Academic Affairs

Enterprise Risk Management www.utdallas.edu

Integrated Framework

ERM Policies

Present a holistic method of managing both operational and strategic risks across the organization.

The strategic plan for Enterprise Risk Management includes four strategic initiatives for all areas:

1. Mitigation

2. Preparedness

3. Emergency Response

4. Resumption & Business Recovery

Enterprise Risk Management www.utdallas.edu

Management Activities

• Create high level-risk strategy (policy) aligned with strategic business objectives

• Create a risk management organization structure and ensure clear reporting lines

• Develop/assign responsibilities for risk management

• Communicate vision, strategy, policy, responsibilities and reporting lines to all employees across organization

Enterprise Risk Management www.utdallas.edu

Embed Risk Activities into ongoing Business Processes

• Align and integrate risk management activities within all processes

• Embed real-time controls related to risk into digital systems as appropriate

• Develop continuous improvement processes related to risk

Enterprise Risk Management www.utdallas.edu

Measure & Monitor

• Identify key performance indicators and critical success factors related to risk

• Establish success measures for risk strategy/activities

• Provide a periodic process for measuring risk/return

• Identity and implement monitoring processes and methods of feedback

Enterprise Risk Management www.utdallas.edu

Enterprise Risk Management is meant to have a broad meaning as an all-encompassing term to describe an integrated and enterprise-wide comprehensive processes that include: 1.) emergency response; 2.) resumption; 3.) recovery; and 4.) restoration

Accident prevention

Business Impact Analysis

Business Recovery

Business Resumption

Planning

Command Centers

ERM Perspective

Contingency Planning

Crisis Communication

Crisis Management

Disaster Recovery

Emergency Management &

Response

Strategic Risk

Exercising & Training

Information Security

Mitigation Planning

Risk Control Risk Financing & Insurance

Operational Risk

Safety & Security

Risk Management

EHS Police BAIT Reputation Risk

Event Management

Computer Security

Business Continuity

Regulatory Compliance

Safety & Security Council

Regulatory or Contractual

Risk

Fire Protection Student Housing

Academic

Administration

Operations Risk Mgmt

Adhoc

Committee

Financial Risk