Institutional Risk Profile and Principles

Institutional Risk Profile

The Enterprise Risk Management group at the University collaborated with stakeholders and leaders across the institution to identify key risks and to create the 2024–2025 University of Minnesota Risk Profile. Pictured and described below: 

A strategic plan chart titled "Refreshed Risk Profile" with five columns detailing various focus areas under the "MPact 2025 Systemwide Strategic Plan."
Diagram illustrating risk profile categories with newly added key risks in yellow.

 

Institutional Risk Profile

CATEGORYRISKRISK CATEGORY
1 - Student SuccessEnrollment Strategy

Category Two

Student Retention

Category Three

Student Experience & Success

Category Three

Evolving Athletic Environment

Newly Added

2 - Discovery, Innovation & ImpactPolitical

Category One

Research

Category Two

Academic Health*

Newly Added

3 - MNtersectionsCybersecurity

Category One

Reputation

Category Two

Leadership

Category Two

4 - Community & BelongingCampus & Public Safety

Category One

Crisis Management

Category Two

Employee Retention & Morale

Category Three

5 - Fiscal StewardshipFacilities & Maintenance

Category Two

Economic Conditions

Category Two

Strategic Financial Planning & Budgeting

Category Two

*The ERM group is monitoring the evolution of the Academic Health Risk