3 Virtual Brochure – February 2024 1. Risk Register Analysis – Dec 2023 Executive summary Uniac’s annual risk analysis briefing comes at a time when the UK university sector is finally emerging from the shadow of the pandemic but contending with high inflation, difficult economic circumstances and flat tuition fees, ongoing industrial disputes, and ferocious competition for home and international students. Although a general election in 2024 could pave the way for changes to higher education (HE) funding and regulation, institutions are dealing with more immediate concerns around the impacts of cost of living and the housing crisis on the wellbeing of staff and students, tackling aging estates, and aiming to capitalise on digital developments while protecting systems, data, and intellectual property from cyberattacks. In this context, the effective identification and management of strategic risks matters more than ever to help leaders and governors to have the right conversations about realising strategic ambitions while protecting essential assets.
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