Starting The Implementation of Risk Management in a Higher Education Institution: The Case of IPB University

This paper shares an experience of implementing risk management in a public university in Indonesia. The shared experience is focused on the triggers for starting the implementation, the critical first steps, and the strategy or approach utilized in the implementation. One of the remarkable findings is the importance of human resource development as a necessary step in the implementation. Another important approach is the pilot project, i.e., instead of implementing parts of risk management system in all units of the organization, the approach takes a limited number of organization units to implement the whole risk management system. The findings are then internationally compared with reports of risk management implementation in other universities. Several recommendations concerning risk management implementation and topics for future research are provided in the concluding remarks.