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“You must dig the well before you’re thirsty and become curious now—not when a crisis inevitably presents itself.” – Ozan Varol, Think Like a Rocket Scientist
This week the NRMC team is putting the finishing touches on a new business continuity web application that we hope will motivate and support teams trying to get ready for ‘what’s next.’ We have been reflecting on the fact although human begins are hopelessly ill-equipped to forecast the future, pondering plans to cope with inevitable surprises is worth the time that it requires.
Many nonprofit leaders are seeking a clear, ‘best practice’ approach to creating a business continuity plan for their organization. Preferably a simple, straightforward approach that won’t take too much time. Or too much effort. Or rock the boat.
If reduced down to bare bones, a business continuity plan is a resource that helps you accomplish two vital tasks:
As your team works to prepare for the next interruption to what’s ‘normal’ in your world, we invite you to make use of this suite of three brand-new resources from NRMC:
These three tools will give you the advantage of evaluating your organization’s resilience during a recent business interruption. Completing these worksheets while the effects of a disruption are still fresh in your mind will showcase where your nonprofit utilizes resilience practices and where to focus efforts for improvement. And while this is not a replacement for a full Business Continuity Plan, these exercises will make use of the types of candid conversations that are necessary for building organizational resilience muscles required to survive future disruptions.
“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!