UOWGE recognised as ABA100 Winner for Risk Management in The Australian Business Awards 2020
UOW Global Enterprises was recognised today as an ABA 100 Winner of The Australian Business Awards for Risk Management in 2020. The Award recognises organisations that have achieved outstanding results through initiatives that demonstrate excellence in risk management.
The Australian Business Awards (ABA) are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories. The program provides a notable opportunity for high-performing organisations to be acknowledged and celebrated for their achievements both nationally and internationally.
Since 1993, UOWGE has grown to become one of Australia’s most unique and successful global providers of tertiary education programs encompassing Vocational, Diploma, Associate Degree, Bachelors, Masters and PhDs delivered from campuses located in key international locations. It owns and operates UOW College Australia (UOWCA), University of Wollongong in Dubai (UOWD), UOW College Hong Kong (UOWCHK) and UOW Malaysia KDU (UOWM KDU).
UOWGE’s decentralised, offshore operating model carries with it inherent risks. However the organisation identifies and manages risks via a comprehensive risk management framework that classifies risks into four main categories including: strategic; financial; academic, and operational. Risks are systematically evaluated, managed and controlled through a dedicated governance structure and risk management is embedded organisation-wide.
UOWGE Group CEO and Managing Director Marissa Mastroianni said UOWGE’s risk management framework is a pillar of the organisation’s success. “Our risk management framework has been the essential lense that has injected confidence into our growth-by-acquisition strategy and is a key driver in facilitating our well-managed growth and in delivering increasingly positive outcomes.”