Estimated Reading Time: 5 minutes
By Melanie Lockwood Herman
While visiting my parents in the lovely coastal town of Falmouth, MA, I’ve observed two distinct types of drivers. The first type of driver pulls onto the main roadway, seemingly unaware (or unconcerned) that drivers with the right of way must brake to avoid a collision. This first type of driver stays close to the car ahead to signal that anyone trying to exit a parking lot onto the main road will have to wait until the line of traffic has cleared. This discourteous driver has but one focus: to prioritize their travels, even at the expense or safety of others. The second type of driver offers a cheerful wave or a flash of their headlights to welcome motorists trying to turn right—or left!—onto the main roadway. While accompanying my Mum on errands around town, we amuse ourselves by spotting (and waving back!) to drivers of the second species.
At my first full-time professional job, my boss instilled in me the importance of working with “a sense of urgency.” I discovered ways to look busy, which led me to be busy, from the moment I arrived at work until it was time to pack up for the day. Over the years, I’ve truly appreciated the “I’ll do it now; there’s no time like the present!” attitude that NRMC colleagues have brought to our team. But lately, I’ve been thinking about the counterbalancing benefits of patience and restraint. And I’ve seen how pausing a risk initiative—after a period of intense focus—can bring new clarity and crispness to the effort.
Two NRMC clients that have engaged our team to support their evolving Enterprise Risk Management (ERM) programs elected to “pause” their ERM work during the early months of the global pandemic. Since resuming our work together, I’ve seen that the work we were doing—primarily focused on hypothetical, future risks—now has new urgency and relevancy. The pauses, initiated out of necessity to deal with the crisis at hand, had an unintended silver lining! When their ERM work resumed, we found that these client teams were no longer required to divert precious time and attention trying to persuade team members that unexpected, disruptive events can and do happen to well-run nonprofits. Instead, we’re doubling down on work that will help each team prepare for unforeseen and surprising circumstances and the readiness and resilience skills and capabilities that are within reach.
When a third ERM client more recently requested a four-month pause in our work together, I could instantly appreciate the wisdom of that decision and look forward to the insights and perspective this recess will beget. As the client team moves through a flurry of activity associated with their return to the office and resumption of shuttered programs, they will experience first-hand how a risk-aware mindset and risk planning activities create options akin to off-ramps, break-down lanes, and rest areas on a busy travel route.
To infuse priceless patience into your risk management program, develop a list of questions you can pose when things seem wildly chaotic. Below are 20 of my personal favorites.
When you’re hard-wired to get things done now and never put off until tomorrow what you can wrap up today, it’s hard to be patient! Several years ago, my precocious pre-teen daughter Jessie told me that “impatience” was the root of all the “challenges” in my life. And she explained that my being in a hurry all the time made her anxious. Instead of seeing her diagnosis as impertinent, I took it to heart. Every day since, I pause and remind myself to be more patient. Maybe someday I’ll be intuitively patient and won’t need the daily reminder. For now, it’s advice that’s a bit like a great workout; you can’t do it once and expect the benefits to last a lifetime.
Melanie Herman is Executive Director of the Nonprofit Risk Management Center. She welcomes your questions about NRMC services and your stories about infusing patience into risk practice at 703.777.3504 or Melanie@nonprofitrisk.org.
“First let me congratulate you on a conference well done. I had a great time at the Nonprofit Employee Benefits Conference and walked away with some valuable tools and questions that we’ll need to be addressing in both the short and long term. Thanks to you and your staff for all you do to provide us with quality resources in support of our missions.”
“BBYO’s engagement of the Center to conduct a risk assessment was one of the most valuable processes undertaken over the past five years. Numerous programmatic and procedural changes were recommended and have since been implemented. Additionally, dozens (literally) of insurance coverage gaps were identified that would never have been without the work of the Center. This assessment led to a broker bidding process that resulted in BBYO’s selection of a new broker that we have been extremely satisfied with. I unconditionally recommend the Center for their consultative services.
“Melanie Herman has provided expert, insightful, timely and well resourced information to our Executive Team and Board of Directors. Our corporation recently experienced massive growth through merger and the Board has been working to better integrate their expanded set of roles and responsibilities. Melanie presented at our Annual Board of Director’s Retreat and captured the interest of our Board members. As a result of her excellent presentation the Board has engaged in focused review which is having immediate effects on governance.”
“The Nonprofit Risk Management Center has been an outstanding partner for us. They are attentive to our needs, and work hard to successfully meet our requests for information. Being an Affiliate member gave us access to so many time- and money-saving resources that it easily paid for itself! Nonprofit Risk Management Center is truly a valued partner of The Community Foundation of Elkhart County and we are continuously able to optimize staff time with the support given by their team.”
“The board and staff of the Prince George’s Child Resource Center are extremely pleased with the results of the risk assessment conducted by the Nonprofit Risk Management Center. A thorough scan revealed that while we are a well run organization, we had risks that we never imagined. We are grateful to know that we have now minimized our organizational risks and we recommend the Center to other nonprofits.”
Great American Insurance Group’s Specialty Human Services is committed to protecting those who improve your communities. The Center team has committed to delivering dynamic risk management solutions tailored to nonprofit organizations. These organizations have many and varied risk issues, hence the need for specialized coverage and expert knowledge for their protection. We’ve had Melanie speak on several occasions to employees and our agents. She is always on point and delivers such great value. Thank you for the terrific partnership and allowing our nonprofits to focus on their mission!