Best of Risk Management Essentials

Explore this RISK eNewsletter filled with some of our most popular issues of Risk Management Essentials (RME), our magazine published three times each year. Visit the RME archive for more issues and articles! Manage Risk with an Eye for Ethics Ethics serves as a foundation for the risk management work initiated by many NRMC clients … Continued

Make Progress in Your Risk Program Real, Not a Mirage

By Melanie Lockwood Herman In their terrific book, Risk: A User’s Guide, authors McChrystal and Butrico describe “structure” as one of 10 dimensions of building a “Risk Immune System.” But they caution readers that changing the structure of a function may not necessarily mean the function is improving. Experienced nonprofit leaders know the illusion and … Continued

The Top 10 of 2021’s RISK eNews  

In 2021, the world entered the second year of the COVID-19 pandemic. Many nonprofits began to hit their stride. Most risk leaders became more familiar and comfortable approaching risks with a novelty that constantly shifting plans required. The NRMC team was excited to offer our members, readers, and clients practical tips throughout the year. The … Continued

Managing Risks and Reaping the Rewards of Remote Teams

By Whitney Claire Thomey Remote work—a facet of the working landscape for three-plus decades—quickly became the default construct for businesses and nonprofits alike in 2020. In short order, leaders across the nonprofit sector learned that remote work was not only possible but also practical at a fantastic scale. Experience corroborated what the research indicated—many people … Continued

Managing Risks and Reaping the Rewards of Remote Teams

By Whitney Claire Thomey Remote work—a facet of the working landscape for three-plus decades—quickly became the default construct for businesses and nonprofits alike in 2020. In short order, leaders across the nonprofit sector learned that remote work was not only possible but also practical at a fantastic scale. Experience corroborated what the research indicated—many people … Continued

Fraud Risk: Every Nonprofit Mission is Exposed

by Whitney Claire Thomey The US Internal Revenue Service and international organizations have teamed up to call attention to Charity Fraud Awareness Week, which takes place in October. Fraud awareness and prevention are top concerns for nonprofit leaders. What’s more, with the explosion of cybercrimes, this is a risk that affects all nonprofits no matter … Continued

Focus on Residual Resilience, Not Residual Risks

By Melanie Lockwood Herman & Erin Gloeckner What value does your organization derive from risk management? Controlling specific financial losses and harm? Or cultivating a capacity for resilience no matter what losses or liability might arise? Risk management often looks at singular risks inside a vacuum, determining why each risk is bad, how bad, and … Continued

Humble Haiku’s Mighty Lessons for Risk Leaders

By Whitney Claire Thomey This Saturday is International Haiku Poetry Day, leading me to reflect on the lessons I’ve learned from this simple form of poetry—the humble haiku. If you’re wondering how this pint-sized poem has the potential to teach risk leaders important lessons about evolving organizational risk practices, I invite you to read on! … Continued

Resilient and Risk-Aware: Ah-ha Moments in Cyber Risk

By Melanie Lockwood Herman This week I’ve been engrossed in The Fifth Domain: Defending Our Country, Our Companies, and Ourselves in the Age of Cyber Threats, by Richard A. Clarke and Robert K. Knake. The book is one of several I’ve been reading this Summer to inspire my team’s obsessive focus on resilience and business … Continued