This chapter on risk management is from The Business of Independent Schools: A Leader's Guide. It provides an overview of the risk management process at independent schools.
Managing and identifying risk is an integral part of independent school operations. Learn how to develop and maintain a risk registry that can be shared with school leadership teams, the board of trustees and insurance carriers.
The Pingry School is in year three of enterprise risk management implementation, which has changed the way people at the school approach risk. This AM202 session is a case study of the planning, implementation and outcomes of the ERM process.
The upgraded LRFM helps you model tuition, staffing, and revenue over 10 years. Build confidence in your school’s financial decisions—before they’re made.