How are you preparing to adapt your leadership for “stormy waters” in your role?
AACSB’s 2023 State of Accreditation Report has been released. This is the second edition of the online report, and is a very valuable tool for all AACSB Schools. It provides a summary of trends and insights, based on Schools’ interactions with AACSB during 2022/23 – including Accreditation visit outcomes; insights on the implementation of societal impact; feedback from PRTs in terms of best practices and innovation, as well as suggestions for key areas of focus.
AACSB welcomes feedback on the report through firstname.lastname@example.org. In addition, QED is always interested to hear your feedback, which you can submit by clicking the feedback button.
Risk management and contingency planning continue to have a higher significance in the context of business school accreditation. More and more, the ability to identify key risk exposure and PRO-ACTIVELY mitigate those risks has become part of ‘best practice’ in any business – including the business of business schools. Over the last two-three years, the QED team has seen several ‘shades’ of risk management within business schools – from those institutions with significant risk registers and well-embedded processes for risk management – to those who focus only on financial risk management (and revenues) to one school that stated (quite confidently) that there were no significant risks at all – because they had the ability to teach online and thus could deal with any eventuality! (We did ask what might happen if there was a power cut or drop in internet provision…?).
We’ve previously summarised the accreditation body requirements for risk management and these are:
QED has compiled a simple help-sheet that may be helpful for those schools approaching this exercise for the first time. It provides a simple overview of risk management and an example of a risk management template. The document is available to download.
We hope the resouce is helpful. If you have any comments or questions, just questions, let us know. We’d be delighted to hear from you.