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 group High High Risk Risk High Risk ID Risk Driver Short Name cost cost (1-5) (1-5) Priority Priority (1-4) (1-4) (1-4) (1-4) Mitigation Mitigation Control Control rank Likelihood Likelihood % % Impact Impact Inherent Inherent tied 1 Faculty/Staff Morale issues 1.19 4.04 3.76 VH 1.00 1 of 15 1.06 3.82 3.65 VH 100% 1 of 15 tied 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% 2 12-1 of 15 tied 2 Brand/Identity: What is UWM 1.76 3.61 3.28 VH 1.00 1.47 3.47 3.58 VH 94% 3 12-31 of 15 Compliance challenges associated tied 9 9 of with various State, Local, Federal 3 1.80 3.42 2.76 VH 0.95 2.11 3.52 2.53 VH 82% 4 of 15 15 policies and requirements Operational constraints: lack of funding for the operation of new 1.79 3.26 3.26 VH 1.00 6 of 15 5 assets Strategic Student Enrollment process tied 7 4 of 1.47 3.47 3.05 VH 1.00 2.05 3.25 2.94 VH 84% 6 - Opportunity of 15 15 UWM’s role in the future of 3 of 1.70 3.80 3.25 VH 1.00 5 of 15 1.72 3.95 3.18 VH 95% 7 education 15 Fundraising (threat/opportunity): tied 7 Limited fundraising resources and 1.85 3.29 2.80 VH 88% 7 of 15 processes
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 group 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
UWM_Strategic_Planning.docx