Identifying Risks in Management of Educational Institutions: A Case in a Legal Entity Higher Education Institution
Lantip Diat Prasojo, Universitas Negeri Yogyakarta, Indonesia
Lia Yuliana, Universitas Negeri Yogyakarta, Indonesia
Nurtanio Agus Purwanto, Universitas Negeri Yogyakarta, Indonesia
Abstract
Higher education is a legal entity that represents the government to serve society optimally. This research aims to identify, understand and manage risks that can hinder the achievement of organizational goals in terms of organizing higher education. This study uses a quantitative approach with a descriptive type. Research subjects were taken from leaders and employees in the Directorate of Planning and Finance, Directorate of General Affairs, Resources and Law. Directorate of Research and Community Service, Directorate of Cooperation, Information Systems, Innovation and Business, Quality Assurance Directorate, Internal Supervisory Unit, Vocational Faculty. Subject selection was carried out using a purposive technique using considerations of feasibility and competency related to the themes studied in this research. Data collection was carried out using questionnaires and interviews. The data that was collected was analyzed using descriptive quantitative analysis techniques. This risk register management is a document that functions to identify, understand and manage risks that can hinder the achievement of organizational goals. The structured risks are a development of the risk mapping that was prepared during the previous program. Risks that have been identified are not risks that are fixed (given). The risks referred to can change, increase, or even decrease according to the conditions faced by the organization. Communication in efforts to update risk data in risk register management is still very necessary as an effort to enrich the types and impacts of these risks on the organization.
Keywords
Full Text:
FULLTEXT PDFReferences
Al-Abrrow, H., Alnoor, A., & Abbas, S. (2019). The Effect of Organizational Resilience and CEO’s Narcissism on Project Success: Organizational Risk as Mediating Variable. Organization Management Journal, 16(1), 1–13. https://doi.org/10.1080/15416518.2018.1549468.
Alkhlaifat, B. I., Abdullah, A. A., & Magassouba, S. M. (2019). Modeling Impact of Project Management Performance with Among Roles of Project Risk Management and Organizational Culture on Project Success. European Journal of Business and Management, 11(36), 44–48. https://doi.org/10.7176/EJBM/11-36-06.
Arfiansyah, Z. (2021). The effect of enterprise risk management, knowledge management, and organizational culture on organizational resilience. International Journal of Contemporary Accounting, 3(2), 93–114. https://doi.org/10.25105/ijca.v3i2.9227.
Bek Yağmur, Ö., & Aydıntuğ Myrvang, N. (2023). The effect of organizational agility on crisis management process and organizational resilience: Health sector example. International Journal of Disaster Risk Reduction, 96, 103955. https://doi.org/10.1016/j.ijdrr.2023.103955.
Bennett, D. E. (2017). Governance and organizational requirements for effective model risk management. Journal of Risk Model Validation, 11(4), 97–116. https://doi.org/10.21314/JRMV.2017.188.
Boholm, Å. (2010). On the organizational practice of expert-based risk management: A case of railway planning. Risk Management, 12(4), 235–255. https://doi.org/10.1057/rm.2010.4.
Card, A. J. (2016). Organizational multimorbidity and polypharmacy. Journal of Healthcare Risk Management, 35(4), 4–5. https://doi.org/10.1002/jhrm.21217.
D’arcy, S. P., & Brogan, J. C. (2001). Enterprise risk management. Journal of Risk Management of Korea, 12(1), 207-228.
Dahmen, P. (2023). Organizational resilience as a key property of enterprise risk management in response to novel and severe crisis events. Risk Management and Insurance Review, 26(2), 203–245. https://doi.org/10.1111/rmir.12245.
Damayanti, A., & Augustine, Y. (2019). The Effect of Management Accounting Systems and Enterprise Risk Management to Organizational Performance with a Competitive Advantage as an Intervening Variable. European Journal of Business and Management, 11(12), 42–53. https://doi.org/10.7176/EJBM/11-12-07.
Dierkes, S., & Michaelis, M. (2022). Organizational design of risk management. International Journal of Strategic Management, 22(1), 39–66. https://doi.org/10.18374/IJSM-22-1.4.
Fragouli, E., & Yankson, J. K. (2015). The Role of Strategic Planning on the Management of Organizational Change. Financial Risk and Management Reviews, 1(2), 68–87. https://doi.org/10.18488/journal.89/2015.1.2/89.2.68.87.
Frempong, L. N., Nartey, O. T., & Korankye, B. A. (2019). The Influence of Risk Management on Organizational Efficiency: A Study of Access Bank Ghana Limited. Research Journal of Finance and Accounting, 10(10), 129–136. https://doi.org/10.7176/RJFA/10-10-15.
Gephart, R. P., & Topal, C. (2016). Risk and Organizations. In Global Encyclopedia of Public Administration, Public Policy, and Governance (pp. 1–8). Springer International Publishing. https://doi.org/10.1007/978-3-319-31816-5_137-1.
Gotteiner, S., Mas-Machuca, M., & Marimon, F. (2019). Fighting organizational decline: a risk-based approach to organizational anti-aging. Management Research Review, 42(11), 1259–1277. https://doi.org/10.1108/MRR-09-2018-0367.
Healy, S. (2006). Risk as Embodied Circumstance – Some Organizational Observations. Risk Management, 8(2), 77–91. https://doi.org/10.1057/palgrave.rm.8250005.
Hishan, S. S. (2020). Corporate Social Responsibility for Natural Disaster: A New Method for Organizational Risk Management. Journal of Advanced Research in Dynamical and Control Systems, 12(01-Special Issue), 111–115. https://doi.org/10.5373/JARDCS/V12SP1/20201053.
Khatib, M. El, Shehhi, H. Al, & Nuaimi, M. Al. (2023). How Big Data and Big Data Analytics Mediate Organizational Risk Management. Journal of Financial Risk Management, 12(01), 1–14. https://doi.org/10.4236/jfrm.2023.121001.
Klein, G., & Eckhaus, E. (2017). Sensemaking and sensegiving as predicting organizational crisis. Risk Management, 19(3), 225–244. https://doi.org/10.1057/s41283-017-0019-7.
Krzakiewicz, K., & Cyfert, S. (2015). Organizational reputation risk management as a component of the dynamic capabilities management process1. Management, 19(1), 6–18. https://doi.org/10.1515/manment-2015-0001.
Lee, S.-N. (2023). Examining the Impact of Organizational Culture and Risk Management and Internal Control on Performance in Healthcare Organizations. Advances in Management and Applied Economics, 14(1), 61–88. https://doi.org/10.47260/amae/1414.
McKenna, S. (2001). Organizational Complexity and Perceptions of Risk. Risk Management, 3(2), 53–64. https://doi.org/10.1057/palgrave.rm.8240086.
Mikes, A., & Kaplan, R. S. (2014). Towards a contingency theory of enterprise risk management. AAA.
Peprah, W. K., & Lufungula, A. R. (2020). Influence of Human Capital on Organizational Performance as Mediated by Management Control System and Operational Risk Management. Research Journal of Finance and Accounting, 11(10), 75–81. https://doi.org/10.7176/RJFA/11-10-08.
Pikos, A. (2015). Introduction of Risk Management into Municipal Offices Across Poland as an Example of Organizational Change. Management and Business Administration. Central Europe, 23(4), 74–97. https://doi.org/10.7206/mba.ce.2084-3356.158.
Rasedi, K., & Sibindi, N. (2023). Enterprise Risk Management Culture and Strategy: A Conceptual Alignment. Organizational Cultures: An International Journal, 23(2), 51–77. https://doi.org/10.18848/2327-8013/CGP/v23i02/51-77.
Roslan, A., Yusoff, N. D., & Mohd Dahan, H. (2017). Risk Management Support and Organizational Performance: The Role of Enterprise Risk Management as Mediator. Journal of International Business, Economics and Entrepreneurship, 2(2), 43–48. https://doi.org/10.24191/jibe.v2i2.14450.
Saab, A. B., & Botelho, D. (2020). Are organizational buyers rational? Using price heuristics in functional risk judgment. Industrial Marketing Management, 85, 141–151. https://doi.org/10.1016/j.indmarman.2019.10.001.
Stradomska, G., Tołwińska, A., & Kegö, W. (2019). Legal Compliance Systems – a Necessary Mechanism in Organizational Risk Management. Journal of Intercultural Management, 11(4), 81–99. https://doi.org/10.2478/joim-2019-0024.
Toanoglou, M., Chemli, S., & Valeri, M. (2021). The organizational impact of Covid-19 crisis on travel perceived risk across four continents. Journal of Organizational Change Management, 35(2), 293–307. https://doi.org/10.1108/JOCM-12-2020-0369.
Troisi, R., & Castaldo, P. (2022). Technical and organizational challenges in the risk management of road infrastructures. Journal of Risk Research, 25(6), 791–806. https://doi.org/10.1080/13669877.2022.2028884.
Weatherly, N. L. (2022). Comments on the Ethics of Organizational Behavior Management. Journal of Organizational Behavior Management, 1–4. https://doi.org/10.1080/01608061.2022.2029798.
DOI: https://doi.org/10.21831/jpe.v12i1.68277
Refbacks
- There are currently no refbacks.
Copyright (c) 2024 Jurnal Prima Edukasia
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Jurnal Prima Edukasia indexed by:
All rights reserved p-ISSN: 2338-4743 |e-ISSN: 2460-9927
Jurnal Prima Edukasia by http://journal.uny.ac.id/index.php/jpe/index is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. |
View Prima Edukasia Journal Stats |