HE Matters: Managing Risk

The latest edition of PwC’s online newsletter for Higher Education

Universities are operating in an ever-changing and increasingly complex environment.  Against a backdrop of a changing policy agenda, economic uncertainty, rapid changes in technology and new demands from students, universities are finding new ways of working. This brings both new opportunities but also new risks.

As auditors at over 70 institutions across the UK, we have a window of insight into the risks facing the higher education sector.  Our annual sector risk profile highlighted strategic risks including uncertainties and direct impacts of Brexit, competition impacting medium-term financial sustainability, an increase in the scale of investment and transformation and data security.

In this ‘Managing Risk’ edition of our regular HE Matters, we explore the new risks emerging across the sector that should be on the agenda for all universities. The issues we explore include:

  • The new risk agenda, gives an overview of the key trends in risk we’ve identified in our latest review of university risk registers;
  • Managing risk in major projects, sets out the building blocks for successfully managing risk in any major project or programme;
  • Cyber risks in higher education, explores how universities can get to grip with the growing threats that cyber presents;
  • Data, analytics and business intelligence, asks how universities can turn data risks into opportunities;
  • Managing culture in changing times, makes the case for putting culture and behaviour change at the heart of transformation programmes.

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Ian Looker
Education Leader
Tel: +44 (0)113 288 2019
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