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December 22, 2022
Resource Type: Risk eNews
The Top 10 of NRMC’s 2022 RISK eNews
This year, nonprofits faced new and ongoing challenges, from international conflict to inflation to rising demand for services. We worked with clients to meet these challenges and many more while staying true to their missions and strategizing for the future....
Topics: Data Privacy, Tech Risk, Cybersecurity, Organizational Culture
December 7, 2022
Resource Type: Risk eNews
The Secrets of Effective Risk Communication
“Clear, concise, accurate, and timely information is hard to come by.” – General Stanley McChrystal & Anna Butrico, Risk: A User’s Guide During three decades of advising nonprofit sector leadership teams, we have heard and seen that many groups run out...
Topics: General
November 28, 2022
Resource Type: Risk eNews
Make Progress in Your Risk Program Real, Not a Mirage
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...
Topics: General
November 9, 2022
Resource Type: Risk eNews
Is Financial Oversight Your Weakest Link?
This week I finished reading a terrific new book, Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting, by Melisa F. Galasso. Melisa kindly sent me a copy after learning about NRMC from...
Topics: Fraud and Financial Oversight
November 2, 2022
Resource Type: Risk eNews
NRMC Launches Website with Free HR and Risk Resources for Nonprofits
This spring, the Nonprofit Risk Management Center convened diverse focus groups of leaders of small and midsize nonprofits. The leaders shared their biggest human resources and risk management challenges. We were awed by the immense responsibilities these leaders juggle to...
Topics: HR Risk and Employment Practices
October 24, 2022
Resource Type: Risk eNews
Risk Management Should Unite Your Team, Not Divide It
A mature, traditional enterprise risk management model can be a wonderful thing for a nonprofit organization. But then everything could change, and you might need something else. That’s what Tara Thomas and Heather Chadwick of Teach For America learned as...
Topics: Enterprise Risk Management
October 11, 2022
Resource Type: Risk eNews
How to Be the Manager You Wish You Had
“There are two important days in a person’s life—the day you are born and the day that you figure out why.” – Mark Twain During the past few weeks, I’ve finished two books that offer thought-provoking insights on managerial musts—and...
Topics: HR Risk and Employment Practices
September 28, 2022
Resource Type: Risk eNews
Build Your Cybersecurity Breach Defenses Before It’s Too Late
When a cybersecurity breach hits your organization, it’s too late to build optimal defenses. Your best opportunity to protect your nonprofit’s data exists now. It’s tough for any nonprofit to prepare for a crisis that hasn’t happened yet. Staffs and...
September 21, 2022
Resource Type: Risk eNews
Four Simple Steps to Improve Cyberhygiene at Your Nonprofit
Many nonprofits possess huge amounts of valuable data. Plenty of hackers would love to get their hands on the personal data of your employees and the individuals your organization serves, as well as confidential information pertinent to your operations. Over...
August 30, 2022
Resource Type: Risk eNews
How to Prepare Your Nonprofit for a Recession
Economists surveyed by Bloomberg in August put the likelihood of a U.S. recession within the next year at almost 50%. The economists also increased their inflation estimates for each quarter in 2023. That’s worrisome news for nonprofits walloped by the rising cost...
Topics: Fraud and Financial Oversight