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New series: Being TEQSA ready
In light of the advent of the new regulatory and quality regime that TEQSA heralds, Campus Review is running a series of articles by members of the Discipline Scholars Network under the banner Being TEQSA Ready. The Discipline Scholars’ Network was established in 2011 as a direct result of the success of the Learning and Teaching Academic Standards (LTAS) project which was funded via the Australian Learning and Teaching Council.
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Risk management seems a bit of a misnomer, given that much of what is called “risk” by those practices seems more like uncertainty. Risk and uncertainty are very different beasts. Risk is about calculable possibilities, like probability. Uncertainty is about the unknown. Maybe risk management claims to deal with uncertainty too, but nothing really deals with uncertainty.
It seems that the best sort of institution to respond to uncertainty is one open to change, and rapid change if needed. And one resistant to fads and other golden eggs. That to me seems like the essence of a university, historically anyway, with its very open structures and deep scepticism. Whereas modern management techniques are more about longer-term ‘strategic’ planning, and about trying to quantify uncertainty and predict futures.