12-37, 12-18 Sustainable Prosperity (part of our campus vision statement: prosperity in the community, region and beyond) 12-31, 12-25 Academic Planning 12-16, 12-25 12-39, 12-13 12-37, 12-7, 12-18 12-29 Student Success and Enrollment (Recruitment, Retention, and Remediation) 12-18, 12-22 12-27 Access, Diversity and Inclusion 12-14 12-31 Financially Sustained University 12-7, 12-36, 12-23 12-20, 12-34, Technology (Digitization and other elements) 12-1, 12-4 Physical Aspects of Campus: 12-7 12-20, Internationalization 12-35 12-31 BP2W (Human Capital): Faculty and Staff Attraction, Development and Retention 12-29, 12-8 12-14 Community Engagement 12-32 12-16 Noted below is a “short description” of each mapped risk as well as an indication as to how the risks were ranked by the Workshops and the Steering Committee (pages 3-5) Also noted below is the “long description of all risks,” including the 14 high-cost risks and the 11 risks that were mapped to the Thematic Teams (pages 6-13) cost
12-31 12-1 High Cost Risks, mapped to Thematic Teams, as prioritized by the steering group, for risks perceived by more than 50% of workshop participants to require funding in excess of $25,000 by either the University or UW System to mitigate- in prioritized order. Milwaukee 1 - 2012 Vote Milwaukee 2 - 2012 Vote Steering High rank Risk ID Risk Driver Short Name Control (1-4) Impact (1-5) Likelihood (1-4) Inherent Risk % Mitigation High cost Priority Control (1-4) Impact (1-5) Likelihood (1-4) Inherent Risk % Mitigation High cost Priority Faculty/Staff Morale issues 1.19 4.04 3.76 VH 1.00 1 of 15 1.06 3.82 3.65 VH 100% tied 1 of 15 1 IT/systems and resources 2.42 3.15 3.10 VH 0.89 4 of 15 1.39 3.79 3.47 VH 100% tied 1 of 15 2 Brand/Identity: What is UWM 1.76 3.61 3.28 VH 1.00 tied 2 of 15 1.47 3.47 3.58 VH 94% 3 Compliance challenges associated with various State, Local, Federal policies and requirements 3 1.80 3.42 2.76 VH 0.95 tied 9 of 15 2.11 3.52 2.53 VH 82% 9 of 15 4 Operational constraints: lack of funding for the operation of new assets 1.79 3.26 3.26 VH 1.00 6 of 15 5 Strategic Student Enrollment process - Opportunity 1.47 3.47 3.05 VH 1.00 tied 7 of 15 2.05 3.25 2.94 VH 84% 4 of 15 6 UWM’s role in the future of education 1.70 3.80 3.25 VH 1.00 5 of 15 1.72 3.95 3.18 VH 95% 3 of 15 7 Fundraising (threat/opportunity): Limited fundraising resources and processes 1.85 3.29 2.80 VH 88% tied 7 of 15 7
Administrative Risk: Potentially limited ability to provide an administrative infrastructure that will effectively support the campus' growth initiative 1.68 3.21 3.30 VH 100% 6 of 15 9 COOP: IT/Other 1.96 3.91 2.53 VH 100% tied 7 of 15 10 Opportunity: long term development and establishment of a culture which incentivizes growth and excellence 1.61 3.33 3.38 VH 0.95 tied 7 of 15 1.52 3.47 3.52 VH 100% 5 of 15 11 Opportunity: Focus on Fortune 500/1000 1.57 2.88 2.70 VH 0.71 2.10 3.10 2.63 VH 89% 14 of 15 12 Lack of understanding and agreed definition and approach on Inclusion vs. Access 1.65 2.80 2.05 H 0.85 1.31 3.21 2.95 VH 95% 10 of 15 13 Limited student advisor training and processes 1.54 3.45 3.72 VH 1.00 tied 2 of 15 14
12-5 Low Cost mapped to Thematic Teams, as prioritized by the steering group, for risks perceived by more than 50% of workshop participants to require funding in excess of $25,000 by either the University or UW System to mitigate - in prioritized order. Milwaukee 1 - 2012 Vote Milwaukee 2 - 2012 Vote SG Risk ID Risk Driver Short Name Control (1-4) Impact (1-5) Likelihood (1-4) Inherent Risk % Mitigation Low cost Priority Control (1-4) Impact (1-5) Likelihood (1-4) Inherent Risk % Mitigation Low cost Priority Control (1-4) Impact (1-5) Likelihood (1-4) Inherent Risk % Mitigation Prioritization of resources/project management: 1.43 3.38 3.35 VH 88% 1 of 11 2 3.54 3.09 VH 100% 1 Financial Planning and Controls 2.15 2.63 2.63 VH 95% 2 of 11 2 Proper documentation for international students and tracking of all admitted students 2.42 2.23 2.58 H 76% 6 of 6 3 Multiple initiatives may result in burn-out, conflicting requirements, or inability to complete specific projects or to meet multiple demand 1.72 3.22 3.22 VH 91% 4 of 11 1.47 3.70 3.88 VH 100% 2 of 6 2.9 2.81 2.72 VH 100% 4 Crisis/Complaint/Concern/Incident Management Opportunity 2.85 2.70 2.57 VH 81% 5 of 6 5 Town-Gown Relationship, Threat or Missed Opportunity 2.23 3.09 3.30 VH tied 6 of 11 6 HR System: Staff/Faculty management: Performance management 1.66 3.30 3.20 VH 95% 5 of 11 7 Lack of process for expedited decision making 1.71 3.23 3.30 VH 86% 3 of 11 8 Limited collaboration across Colleges/schools 1.50 3.12 3.75 VH 8 of 11 9