1:48 p.m., Oct. 24, 2008----Robert Specter, vice president for finance, has appointed an Enterprise Risk Awareness and Assessment Task Force. The group includes representatives from a variety of University departments with the goal to help assure all that University decisions are properly aligned with overall strategies and are made on a risk-informed basis.

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Enterprise Risk Management (ERM) is a coordinated approach to assess, mitigate and monitor risks and opportunities that will affect the achievement of the University's strategic and financial objects. ERM takes a very broad view to evaluate both the risks and the opportunities the University will face on its Path to Prominence^TM.

Charges to the task force include:

• Increasing the campus community's risk awareness and understanding of risk ownership;
• Fostering the integration of ERM principles into routine planning and decisions; and
• Conducting a high-level, enterprise-wide risk assessment.

The chairperson of the task force is Ramona Adams, assistant vice president for receipts, real estate and risk management. Other members of the task force are: Gary Stokes, director of risk management; Robin Elliott, director of occupational health and safety; Ian Janssen, director of University archives and records management; Marcia Nickle, emergency preparedness coordinator; and Michael Vaughan, senior assistant dean in the College of Engineering.

Photo by Kathy Atkinson