Resources
How to Report on Risk to Your Board
Have you been asked by the Board to provide a risk report or briefing? It’s natural to be a little nervous about that. But an open dialogue about risk can build trust, shape strategy, and help your nonprofit better execute on its mission. Here are some steps to help you have a great discussion about … Continued
Don’t be Dispassionate: How to Use Emotional Impulses to Make Better Decisions – Full Article
By Glenn Mott “Heuristic / you risked it.” —Hank Lazer Recently, I had an opportunity to read a special issue of the Harvard Business Review called “The Brain Science Behind Business”—a compilation of previously published articles about neuroscience. Reading these articles got me thinking about the role of heuristics in risk management. Heuristics refers to … Continued
Running Successful Risk Workshops
Attend this webinar to learn top tips for an engaging risk workshop, based on 20 years of conducting hundreds of NRMC workshops and trainings. Whether your workshops sessions are dazzling or dragging, we hope this webinar will provide everything you need so that your attendees will walk away feeling informed and refreshed.restricted
Scorched Middle Earth: Banishing The Department of No
by Melanie Lockwood Herman As fans of high fantasy fiction know first-hand, Middle-earth is the fictional setting for The Hobbit and The Lord of the Rings, the most widely-read books from English writer J. R. R. Tolkien. According to Wikipedia, “Middle-earth has also become a short-hand to refer to the legendarium and Tolkien’s fictional take … Continued
Evaluate Your Enterprise Risk Management (ERM) Program
Watch this webinar to explore ERM maturity and benchmarking, and the evaluation of ERM capabilities. Learn about NRMC’s risk management maturity model, which can serve as a framework for developing your nonprofit’s ERM capabilities over time. Gain practical insights to ERM evaluation so you can better demonstrate the positive impact of your ERM program. This … Continued
Revamp Your Risk Register
By Erin Gloeckner Of the conventional, commonplace risk management tools, the risk register seems to reign supreme. Typically a chart or spreadsheet that details risk information and management controls, I sometimes wonder why template risk registers continue to pique the interest of teams that have tailored and customized other aspects of their risk management programs. … Continued
Person of Interest: Soliciting Insights from Staff In-the-Know
By Erin Gloeckner “It’s better to be interested than interesting.” – Oprah Winfrey Are you a fan of true crime TV? In a crime drama, “person of interest” refers to an individual who possesses information that is potentially relevant to an investigation. While some persons of interest might come forward themselves, they are often identified … Continued
Risk Oversight & Risk Reporting to the Board
Quench your board’s thirst for assurance that your staff teams are carefully managing risks at the operational level. Learn to deliver a compelling risk report to your board that inspires confidence and productive conversation. Also learn about the board’s risk oversight role, and gain practical tips for engaging your board in your ERM program. This … Continued
The Garden of Risk Oversight: Positioning the Board to Cultivate Strategic Risk-Taking
By Melanie Lockwood Herman When considering the myriad risks facing a nonprofit organization, one could identify many risks that should be safeguarded against, mitigated, or prevented if possible. Strategic risks are another animal altogether, or more appropriately, a garden of risks that—if properly tended to—will grow to fruition and advance the nonprofit’s mission and vision. … Continued
Engaging the Board in Forecasting and Managing Risk
Ideally, you want managing risk to be second nature to your board and senior managers. Sign on for this 1-hour online program and then point the board towards an enlightened understanding of risk and risk taking. Learn how to keep the board fully apprised of your agency’s risks without causing undue concern or worry. Watch … Continued