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Manhattanville Puts New Focus on Risk Management

PURCHASE, N.Y. – Manhattanville College will launch a new Education and Research Center focusing specifically on risk management.

The center will provide a “comprehensive” and “holistic” approach to managing risk following the principles of ISO 31000, the worldwide standard for risk management, the college said Thursday in a news release.

“It is believed to be the first of its kind in the United States,” the release reads.

The new center will be through the School of Graduate and Professional Studies.  Arnold Schanfield, director of the new Education and Research Center, said the center is long overdue and its creation was spurred by various financial and governmental debacles over the past decade.

Schanfield added that the center represents a major progression from linear to integrative thinking. The news release said the center will be heavily involved in the development of corporate training programs, workshops and symposia at events targeting risk management.

“Establishing this center is very gratifying because we need to address the general malaise facing the risk management business community brought on by the numerous disasters and the failed regulatory remedies,” said Anthony Davidson, dean of the School of Graduate and Professional Studies. “By promoting initiatives that have a totally integrative approach to risk underpinned by an ethical focus, we are reaffirming Manhattanville’s commitment to build ethical and socially responsible leaders in the global community.”

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