Estimated Reading Time: 4 minutes
Executive Director
In less than a month’s time I will have the honor of attending the wedding of a dear colleague. Although she is definitely a trendsetter, rather than a slave to fashion, I will not be surprised if she wears “something old, something new, something borrowed and something blue” as she glides down the aisle. But it wasn’t the approaching nuptials that reminded me of the rhyme with which every bride is familiar. It was an old fashioned rock-n-roll concert at the Wolf Trap Center for the Performing Arts in Vienna, VA.
On Monday evening I accompanied my reluctant teenage daughter to a Joe Walsh concert. Our third row seats, the unusual, less than oppressive temperature/humidity, and the absolute perfect front of house mix… made it a night to remember. I can’t remember enjoying a concert as much as this one. As I reflected on a perfect evening, it occurred to me that Walsh, like other performers with hit songs from yesteryear, was clever in choosing a mix of “familiar favorites” along with newer numbers. While I eagerly awaited his performance of the title track on his most recent CD, “Analog Man,” I was grateful to hear Walsh perform the much older, but still wonderful, “Life’s Been Good.”
Listening to Joe Walsh sing the beloved, older tunes and a few new numbers, led me to reflect on the value of “old” and “new” in a risk management program. And no-where is a mix of old and new more relevant than in human resources risk management. And I’m especially proud that this year’s RISK SUMMIT will feature an unprecedented line-up of HR risk management sessions, including:
Here are my suggestions for making the best of “old” and “new” in your nonprofit’s Human Resources.
The most effective risk management programs offer a combination of “time-tested” and bold, new strategies. As you reflect on the collection of policies your nonprofit has adopted, consider whether you have the ideal “front of house mix” or an unbalanced, hard to hear and harder to enforce set of policies.
Melanie Lockwood Herman is Executive Director of the Nonprofit Risk Management Center. She welcomes your ideas about any risk management topic and questions about the Center’s resources at Melanie@nonprofitrisk.org or 703.777.3504. The Center provides risk management tools and resources at www.https://nonprofitrisk.org/ and offers consulting assistance to organizations unwilling to leave their missions to chance.
“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!