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December 2, 2016
Resource Type: Risk eNews
Financial Risk Red Flags
The article below is excerpted from the Nonprofit Risk Management Center’s brand-new book, “Financial Risk Management: A Guide for Nonprofit Executives.” To read more about the book and order a copy for your desk or copies for your entire leadership...
Topics: Fraud and Financial Oversight
December 2, 2016
Resource Type: Risk eNews
The Masterpiece
After work tonight, I’m headed to my second oil painting class. You’ve probably seen the Mona Lisa by Leonardo da Vinci, The Starry Night by Vincent van Gogh, or Water Lilies by Claude Monet. I expected to create a more humble masterpiece during my first...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Risk eNews
Employment Law Issues Continue To Pose Risks
Employment practices lawsuits continue to be among the more prevalent and most draining legal actions that a nonprofit is likely to face. Discrimination claims filed with the EEOC rose 9% in 2007 — the biggest jump in close to a...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Risk eNews
Hiring and Performance: Critical Areas of Risk for Every Nonprofit
I’ve been reading a terrific book this week titled Strategic Risk Taking: A Framework for Risk Management, by Aswath Damodaran. One of my favorite insights in the book is the reference to the work of Glyn A. Holton who posits that...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Risk eNews
Mind the Gap
Readers who have been to a “tube” station in London will instantly recognize the title of today’s essay on risk. Introduced in 1969 on the London Underground, “Mind the Gap” signs were posted to warn riders to exercise care when...
Topics: General
December 2, 2016
Resource Type: Risk eNews
History’s Mysteries… Unearth to Understand
Although no new episodes are being produced, re-runs of the long-running program “History’s Mysteries” appear from time to time on the History Channel. The program capably debunks the idea that history is boring and offers compelling evidence of the expression “truth...
Topics: General, Organizational Culture
December 2, 2016
Resource Type: Risk eNews
Curiosity Trumps Competence
“I now consider potential to be the most important predictor of success at all levels, from junior manager to the C-Suite and the board.” — Claudio Fernández-Aráoz, “21st Century Talent Spotting,” Harvard Business Review, June 2014 This week I’ve been reading...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Risk eNews
Meet, Greet, Grin and Adjust
After a whirlwind month during which we hosted three, back-to-back risk conferences, life at the Nonprofit Risk Management Center has returned to “normal.” What’s normal? Working with dedicated leaders from a diverse array of mission-directed public entities and nonprofits on...
Topics: HR Risk and Employment Practices
December 2, 2016
Resource Type: Risk eNews
Meet Me in the Middle: Compromise in a Risky World
Compromise and consensus are common themes in the nonprofit world. When debating controversial issues we are eager to discount “extreme” views and look for middle ground. Compromise—“the middle way between two extremes” is intuitively appealing. But another definition of compromise—“settle...
Topics: General
December 2, 2016
Resource Type: Risk eNews
Just Do It
This week I’ve been among the enthusiastic attendees at the American Camp Association’s 2013 National Conference in Dallas. This terrific event offers the most diverse array of topics I’ve ever seen on a single conference agenda, from more than a dozen workshops on risk-related...