How much risk is our nonprofit actually willing to take? This is the question that nonprofit leaders and board members often ask when it’s time to develop and apply risk appetite. Living by your organization’s risk appetite is a form of high-level mission stewardship, with goals including:

• Aligning risk-taking and risk management with the nonprofit’s mission and strategic priorities
• Distributing accountability for risk-aware decision-making, while offering decision-making guidance to staff across the organization
• Empowering staff to take more risk–particularly higher-risk, mission-advancing ventures–by teaching them to interpret and apply leadership’s vision for risk appetite when making day-to-day decisions

This session explores these topics and more.