Resources
Fuzzy Futures: Managing Uncertainty with Scenario Planning
Events like the COVID-19 pandemic provide sobering wake-up calls to nonprofit leaders, who must execute their missions today and tomorrow despite unnervingly uncertain futures. To better prepare for surviving unpredictable, unthinkable events or futures far from today’s reality, watch this webinar to learn about the art of scenario planning. Leave the webinar with a basic … Continued
Managing Risk & Safety: What’s New and What’s Next?
This webinar explores the changing risk landscape for nonprofit organizations and the risks that arise from our uncertain, evolving circumstances. Learn how to apply lessons from recent experience to your work to infuse a spirit and commitment to safety, resilience, and well-being. The NRMC team will highlight some of our interactive tools and resources that … Continued
Turnover Truths and Consequences
By Melanie Lockwood Herman NRMC team members are inclined to describe staff turnover as a reality, not a risk. Why? Because every member of your team will—generally at a time and for reasons beyond your control—resign their position and leave for different, if not greener, pastures. True, some may separate at your behest, and a … 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
The Resilience Mindset: 7 Musts if Your Mission Matters
By Melanie Lockwood Herman and Whitney Thomey Across the vibrant and diverse nonprofit sector in the U.S. and internationally, leaders and teams are recognizing that we’re not going back. Initial thoughts of returning to a pre-pandemic state are dissipating as we collectively grasp the significant implications of a risk event for which an entire world … Continued
Lessons from the Pandemic: On the Road to the Next New Normal
Risk programs have been forced to adapt rapidly during the pandemic. All nonprofits have had to pivot in myriad ways to respond to the ever-changing situation. This “Black Swan” event left many nonprofits scrambling to adapt risk assessments, policies and procedures, and risk management practices. In this webinar, we explore graceful adaptations and silver linings … Continued
Risk and Resilience: The Board’s Role
By Melanie Lockwood Herman This month we’ve been fielding a variety of questions about the board’s risk role. Across the board, members of nonprofit governing teams want to support the missions they admire. Board members want to help an organization: 1. weather COVID-19, 2. bolster resilience, and 3. prepare to survive and thrive during the … Continued
3 Ways to Leverage Powerful Lessons
“Experience is inevitable. Learning is not.” – Paul J. H. Schoemaker By Melanie Lockwood Herman Have you ever asked a colleague to send you a reminder when a critical deadline or project is looming? Or have you ever added an alarm to your phone to prompt you while you’re developing a new habit? These cues … Continued
2021: Are You Ready?
I have learned over the years that when one’s mind is made up, this diminishes fear; knowing what must be done does away with fear. – Rosa Parks By Whitney Claire Thomey A common sentiment among anyone surviving the first year of this new decade is, “I can’t wait for this year to be over!” … Continued
Your Next New Normal: 5 Things to Do to Prepare for What’s Next
By Whitney Claire Thomey At the beginning of 2020, no one could have predicted that a pandemic would knock the world off its proverbial axis or that the ripple effect would touch nearly every aspect of daily life. Organizations have been forced to grapple with an ever-evolving challenge that has required leaders and team members … Continued
NRMC Q&A with Ed Partridge
Ed Partridge is the Northeast Underwriting Manager at Care Providers Insurance Services — a best-in-class program built by NSM Insurance Group, the nation’s leading provider of specialty insurance programs. Visit info.ins-cps.com to learn more or contact Ed at ECPartridge@nsminc.com. What changes are happening in the insurance industry that our readers (nonprofit leaders) should be focused … Continued
Name the Elephant: Coping with the Biggest Risk to Your Mission
By Melanie Lockwood Herman This week I’m reading An Insider’s Guide to Risk Management, by David M. Rowe. In Chapter 8, Product Innovations and Insurgent Competition, Rowe explores the intersection of change and risk management. One of the themes in the chapter is what Rowe describes as the tendency to “concentrate so much on the … Continued
Does Your Nonprofit Have Resilience DNA?
Deoxyribonucleic acid, or DNA, is “a molecule that contains the biological instructions that make each species unique.” (See www.genome.gov). Did you know that certain information about future health risks is embedded in your DNA? Popular DNA test kits offer the promise of insights we can use to change our habits and lifestyles to improve health and … Continued
The Best of NRMC’s Resilience Resources
Resilience is a subject that is top of mind for many nonprofit leaders today. At NRMC, we believe that building organizational resilience is a core component of effective risk management. Today’s RISK eNews presents a collection of resilience resources developed by our team. Business Continuity Planning Business continuity planning (BCP) is one of the best … Continued