Colleges and universities have barely begun to evaluate the risks and rewards of ubiquitous AI use on their campuses. This session introduces a framework for assessing AI readiness and risk in divisions, departments, centers, and programs. This presentation will highlight key research, legal precedents, and strategies for identifying gaps between policy and pedagogy. Using an experiential approach, attendees will have space to reflect on the profound AI-related changes taking place and consider which roles or areas are most exposed to AI-driven change. Organized into six readiness domains, the session aims to help participants develop a practical, data-driven approach that supports student learning and academic integrity while managing the changing landscape of faculty and staff work. Participants will also have the opportunity to complete a brief AI readiness and risk survey, which offers a diagnostic starting point for administrative or department heads, program or staff leaders, and task force members.