Risk Management

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Risk Management

Risk ManagementIf you are not innovating – taking risks – you face the fact that you may be left in the dust by those who are less risk averse.

Risk management is about dealing with risk in a planned and strategic manner. While it's not possible to prevent a storm from brewing, there are many risks that can be addressed through thoughtful planning and creative problem solving. The resources on this page are designed to give you the tools to evaluate and plan for inevitable risk.

Protect Directors and Officers from Legal Liability

Source: Nathan Wechsler & Company
Directors and officers of nonprofits can be held personally responsible for the actions of their organizations, including claims of wrongful termination, volunteer injury, and more. Nathan Wechsler & Company's recent newsletter explains the importance of directors and officers insurance, how it can protect you from crippling legal and settlement fees, and explains the often misunderstood concept of insurance "allocation".
Posted on: June 9, 2015
Topics: Board | Human Resources | Legal | Risk Management

Disaster Planning, Emergency Preparedness & Business Continuity Template

The Nonprofit Coordinating Committee of New York has developed a guide to help an organization through a process to prepare its own disaster recovery plan so that, should an interruption occur, it is able to resume operations. The document is available in Microsoft Word format so it can be customized. Download a copy of the template from the Nonprofit Coordinating Committee of New York.
Posted on: May 2, 2013
Topics: Risk Management

Online Business Continuity Planning Course

Source: Nonprofit Risk Management Center
This online course by the Nonprofit Risk Management Center is designed to help you and your organization develop, implement, and test a workable plan to prevent the interruption of mission-critical services, even in the event of a major business interruption. Take the course from the Nonprofit Risk Management Center.
Posted on: May 2, 2013
Topics: Risk Management

Risky Business: Why All Nonprofits Should Periodically Assess Their Risk

Source: Nonprofit Quarterly
Don't risk it! Protect your organziation by using this framework to start performing regular risk assessments.
Posted on: February 28, 2013
Topics: Risk Management

6 Tips for Making Risk Management Stick

Is your road to a great risk management program paved with only the best of intentions? Even skilled and experienced nonprofit leaders sometimes find their risk management efforts falling victim to internal and external booby traps. This Article from the Nonprofit Risk Management Center offers some tips to avoid common planning pitfalls. Read More...
Posted on: February 28, 2013
Topics: Risk Management
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