Resources

Lessons from a Risk Appetite Exercise (Risk Leadership Certificate Program)

By Erin Gloeckner The inaugural 2017 Risk Leadership Certificate Program (RLCP) is complete and the NRMC team plans to continue sharing updates and insights from this intensive risk leadership training program in the weeks ahead. One topic that our cohort explored during our final weekend together was risk appetite. As a UK-based financial institution defined … Continued

Managing the Perils of Prosperity

March 31, 2016 By Melanie Lockwood Herman Organizational growth and perceptions about success go hand in hand. Like the subtitle of Tom Peters’ book, The Circle of Innovation: You Can’t Shrink Your Way to Greatness, many boards, donors and other stakeholders believe that year-over-year growth is an indicator of good organizational health. The April 2016 … Continued

Ready, Mindset, Go!

April 6, 2016 By Melanie Lockwood Herman During two Risk Assessments / ERM engagements for complex nonprofit organizations, our team has shared the idea of a ‘risk aware mindset’ with our clients. What are we referring to? In general, we’re talking about a leadership team that is: Eager to learn, and learn some more Comfortable … Continued

Enterprise Risk Management: The Final Frontier

By Melanie Lockwood Herman It’s hard not to notice the growing use of the term “Enterprise Risk Management” among risk professionals. Yet there seems to be little agreement about what that combination of three words really means, and perhaps more importantly, whether the addition of “enterprise” to the more familiar term “risk management” makes a … Continued