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August 11, 2021
Resource Type: Risk eNews
Doing Nothing Might Be Worth the Risk
The looming “turnover tsunami” has caused many nonprofit leaders to clutch at ways to retain the competent workforce they’ve built over the years. Recently, our team has advised both consulting clients, affiliate members, and Risk eNews readers about the range...
Topics: General
July 29, 2021
Resource Type: Risk eNews
Chunk Change: Ask for Less to Get More
I’ve just finished reading Jonah Berger’s book, The Catalyst: How to Change Anyone’s Mind. Two compelling takeaways were Berger’s suggestions that leaders 1. Ask for less to get more, and 2. Break big asks into smaller, more manageable ‘chunks.’ He...
Topics: Enterprise Risk Management
July 14, 2021
Resource Type: Risk eNews
Turnover Truths and Consequences
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...
Topics: HR Risk and Employment Practices
July 8, 2021
Resource Type: Risk eNews
Focus on Residual Resilience, Not Residual Risks
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...
Topics: General
June 30, 2021
Resource Type: Risk eNews
Everything I Know About Risk Management I Learned by Teaching Risk Management
“Whenever we want a far-reaching impact, teaching others to teach can be a high-leverage strategy.” I’ve just finished reading Effortless by Greg McKeown. In Chapter 12, “Lift,” I was struck by a subhead that reads, “When You Learn to Teach, You...
Topics: General
June 22, 2021
Resource Type: Risk eNews
Perfect is the Mortal Enemy of the Good: Why Minimum Viable Risk Practices are Perfect
Seasoned hiring managers and interviewers often listen carefully for an interviewee’s response that acts as a red flag waving “don’t hire this person!” For me, it’s a statement like this: “I’m a perfectionist,” or “My biggest weakness is that I...
Topics: General
June 9, 2021
Resource Type: Risk eNews
The Resilience Mindset: 7 Musts if Your Mission Matters
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...
Topics: HR Risk and Employment Practices, Organizational Culture
May 18, 2021
Resource Type: Articles, Risk eNews
Heads Up: Why Fortified Fiscal Oversight is Key to Financial Well Being
During the past 15 years, I’ve been honored to serve as a volunteer board member for several organizations. My first board role was for a community-based organization in the small village where I live. I had long admired the nonprofit’s...
Topics: Fraud and Financial Oversight
May 18, 2021
Resource Type: Articles, Risk eNews
Examining Fiscal Risk for Mission-Minded Success
Powerful missions, community advocacy, and life-changing programs can only happen when nonprofits have sufficient financial resources and strong financial management. Sound financial decisions and financial risk management protect critical assets and make it possible for a nonprofit to deliver the...
Topics: Fraud and Financial Oversight
May 11, 2021
Resource Type: Risk eNews
Spring Planting: Finding Inspiration to Spruce Up Your Risk Management Program
Every spring, I get an itch to spruce up my home and garden with colorful, cheerful plants. Similarly, risk leaders often feel inspired to do some spring cleaning and infuse their risk programs with new practices to make them brighter...
Topics: General