The purpose of the ERRM program is to promote a proactive approach to identifying, analyzing, evaluating, and addressing risks. Strategically managing risk reduces exposure to loss, enhances our ability to pursue opportunities, creates greater financial stability and enhances the protection of our resources in support of the University’s mission. This program aims to create an acceptable balance between harnessing opportunities and minimizing risks so that all Highlanders can continue to protect and enhance the institution’s standing as a leader in global higher education. The ERRM Framework provides a continuous improvement model for ongoing monitoring, evaluation, and improvement as the ERRM program is implemented and embraced campuswide.