Session
The higher education sector is facing challenging financial times. This can result in decisions being taken which are aimed at increasing income generation or cutting costs which can give rise to the risk of unintended adverse consequences that may not have been previously anticipated. Paul, James and Andy will focus on some of the traditional hard facility management risks and other emerging risks, some of which they have seen materialise. Across their claims and risk teams, they will explore some of the unintended consequences which can include financial, impacts to the student experience and reputational. To close, they will talk through the range of available controls and how reviewing risk appetite can help positively influence the decision-making process.