Also available in Spanish The ordinary conduct of school business is accompanied today by risks that were rare or unknown a few decades ago. Gang warfare and drug trafficking reach onto school property.
Firearms often escalate schoolyard disagreements to literal matters of life and death.
Soaring health insurance costs and litigation threaten district financial assets. Schools also must comply with an increasing number of government regulations, many of which require additional expenditures while creating new areas of liability. Risk management, a concept long used in corporate decision-making, can help school boards and administrators confronted by these challenges conserve their districts' assets. Risk management is a coordinated effort to protect an organization's human, physical, and financial assets. The first step is systematic identification of risks to which a district may be exposed and analysis of their probable frequency and severity.