“Everyone at Lambent is providing the highest level of services. With larger firms, it’s like they are a big ocean and we, as a client, are a small fish. But we are a big fish in a small lake when it comes to Lambent.”
Glenn Klinksiek,
Assistant VP, Risk Management,
University of Chicago
Helping you reach your goals
and objectives.
Lambent develops risk management strategies for colleges and universities that are in line with their academic, safety, social and financial goals.
Institutions of higher learning face more risks today than at any other time in the modern age. From low probability-high risk events such as campus shootings, natural disasters or flu outbreaks to financial accountability and compliance issues, college and university board leaders and administrators require effective risk management solutions. In addition, they need access to training for their employees, monitoring and control, and risk mitigation strategies to ensure protection of the institutions people, assets and, ultimately, its reputation.
Lambent Risk Management provides consultation on risk management strategies that are in line with the institution’s goals and objectives and tailored to match its appetite for risk.
We design programs that take into account:
Internal Environment: The culture and values under which the institutions operates.
Objectives: The process that management uses to set its strategic goals.
Event Identification: Forecasting events that affect an institution’s ability to meet objectives.
Risk Assessment: An overview of the potential impact of risks and how to prioritize them.
Risk Response: Develop a plan for how to mitigate risks.
Risk Control: Develop policies to establish protocols for how to respond to risks.
Communication: Ensure that risk strategies are effectively communicated to key personnel.
Monitoring: Continuous review process to determine when corrective action is needed.
Lambent has a track record of providing risk management strategies for leading institutions including the University of Chicago, City Colleges of Chicago & the Medill School of Journalism at Northwestern University.