Hallmarks of a Risk-Aware Nonprofit

Hallmark #1: Takes More Risks than It Avoids

Hallmark #2: Heralds A Risk Management Champion

Hallmark #3: Guided By Reality, In Addition To Scary Headlines

Hallmark #4: Is Bold But Smart

Hallmark #5: Cultivates a ‘Can-Do’ Attitude Among Paid and Volunteer Staff

Hallmark #6: Sees the Whole Iceberg Not Just the Tip

Hallmark #7: Understands that Hindsight Isn’t 20:20, But It’s Better than a Blindfold

Hallmark #8: Tells It Like It Is

Hallmark #9: Is Transparent with Insurance Partners

Hallmark #10: Values the Journey, Not Just the Destination

Hallmark #11: Engages the Board in Their Battle

Hallmark #12: Looks at Risk from Everyone’s Perspective

Hallmark #6: Sees the Whole Iceberg Not Just the Tip

Tools

Seeing the risk of business interruption is seeing the whole iceberg. The Nonprofit Risk Management Center has a free online tutorial about Business Continuity Planning. Click here.
Click here to see a sample Business Continuity Plan Table of Contents and Introduction.