Article | Key Takeaways for Governance and Leadership Teams in 2023 - Part Four
Ideagen Education Risk Report uncovers schools' grappling with regulations. Costly compliance weighs heavily on education, especially smaller schools with limited resources. From aligning staff with religious orders to managing psychosocial hazards, challenges abound. The Australian economy spent $21 billion annually on compliance in 2014 – a figure projected to have surged. Balancing obligations while delivering quality education is an uphill battle. The report underscores the necessity to optimiae resources and eliminate redundant initiatives. Schools, no matter the size, must navigate a complex landscape of obligations while ensuring their core mission remains paramount: educating students for a brighter future.