Creating a positive impact for stakeholders

Regulators

HOW WE ENGAGE
  • Accreditation engagements
  • Face-to-face meetings
  • Audits
  • Inspections
  • Reviews
THEIR ROLE IN VALUE CREATION
  • Provide the regulatory framework in which HONORIS operates
  • Uphold the quality and standards of the academic qualifications
NEEDS AND EXPECTATIONS
  • Maintain the highest level of accreditation standards
  • HONORIS compliance with regulations
  • Inputs and commentary on regulations to assist in their development
  • Governance structures to ensure compliance
  • Robust regulatory framework
  • Compliance monitoring
  • High focus as a material matter/ key risk
STRATEGIC RESPONSE AND VALUE PROPOSITION
  • Ensuring compliance of HONORIS and the institutions it comprises of, is a significant priority and Honoris engage with regulators as necessary to provide input on developing regulations
  • Understanding of regulatory requirements to ensure that HONORIS programs and institutions operate to be compliant
  • Provide quality processes to maintain the required standards and to be audit ready
  • Proactively engage with regulators to increase quotas in STEM especially where country needs are high
RISKS/OPPORTUNITIES
  • Failing to comply with regulatory requirements (R)
  • Proactive engagement with regulators (O)
  • Enhancing stakeholder impact through collaboration and transformation in the service of public interest (O)
  • Remaining relevant, ethical and responsive under difficult economic and regulatory conditions (O) >>read more
KEY METRICS AND OBJECTIVES TRACKED TO MONITOR VALUE DELIVERED
  • External assurance of regulatory compliance (results of audits)
  • Good relationship with regulators
  • No fines or penalties
  • Accreditations – local and international