Lund University is to work with risk assessments for better internal governance and control. There are several benefits to risk assessment work because it
- increases the organisation’s ability to make quick and correct decisions
- creates greater efficiency within the organisation
- increases security in that we do work correctly
- makes violations of laws and internal regulations more difficult
This is risk management
Every day we ask ourselves what we want to achieve, what are the obstacles, how can they be overcome, and what it would cost. Out of all the measures that need to be done, is this specific one worth doing?
Support for making the right priorities
If we try to answer these and similar questions in a systematic and transparent way, we improve our conditions for good management of our resources.
It also makes it easier to set the right priorities with regard to reaching the organisation’s objectives. In addition, errors and fraudulent activities become easier to detect.
Risk management on all levels
All employees at the University should, as a natural part of their work, consider the risks, otherwise we would act irresponsibly and we would have a hard time achieving any results.
A more systematic consideration of risks – the risk management process – is part of the management processes at the University and is integrated with other operational planning.
The University Board is ultimately responsible for the internal governance and control at the University. The vice-chancellor is responsible for ensuring that good internal governance and control permeates all activities at the University. Managers are responsible for risk management activities within their respective areas of responsibility, such as line organisation, processes and systems.
All levels within the organisation shall be involved in its risk management work.
Support and advice
For more information, contact magnus [dot] ekblad [at] rektor [dot] lu [dot] se