School risk management - a four pillar approach

Every school faces risks that present threats to successful delivery of expected services. School risk management helps identify and address those risks as well as increases the likelihood of achieving school objectives.

Strong school risk management can also lead to:

• improved decision-making, planning and prioritisation;
• more efficient allocation of scarce capital and limited resources; and
• greater anticipation by the leadership team of what may go wrong, minimising crisis management, or preventing a disaster or serious financial and/or reputational loss.

As a central part of every school's strategic management function, risk management involves:

• identifying the risks surrounding your school's activities;