Risk Management

So the reputational risk of a university is important. Therefore, from a CFO's perspective, it's to make sure that any new thing that we embark on whether it is a new program, a new degree, a new school, a new research centre that we undertake we are able to deliver something of quality and that the financial commitment is sustainable. That we don't end up going bankrupt because we start something that is, you know, going to drain, so that's one part. Of course, reputational risk as well, to make sure that programs don't suddenly go into financial trouble, you know. Or we have grants or gifts from donors to start a research centre, we don't run the research centre into financial trouble.