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Managing Your Nonprofit for Resilience. Use Lean Risk Management to Improve Performance and Increase Employee Engagement. Edition No. 1

  • Book

  • 240 Pages
  • December 2022
  • John Wiley and Sons Ltd
  • ID: 5838159

A hands-on risk management playbook for nonprofit leaders, funders, and advisors

In Managing Your Nonprofit for Resilience: Use Lean Risk Management to Improve Performance and Increase Engagement, experienced nonprofit risk management expert Ted Bilich delivers a comprehensive and engaging exploration of how to keep your nonprofit vibrant, proactive, and out of trouble. In the book, you'll learn how the world’s best charitable organizations employ lean risk management to prioritize, mitigate, and eliminate the most significant risks facing nonprofits today.

The author teaches you how to develop a risk management cycle and work with risks at the board level, implementing lean risk management tactics incrementally. You'll also discover:

  • Discussions of fundamental risk management elements
  • Sample compliance checklists, example questions to ask during risk inventories, and common challenges faced by nonprofits in a wide variety of sectors
  • Strategies for confronting nascent risk and issues with radical candor and taking reasonable steps to address them before they spiral out of control

An engaging and essential resource for the managers and directors of nonprofits of all sizes, Managing Your Nonprofit for Resilience belongs on the bookshelves of anyone tasked with shepherding a charitable organization through an increasingly challenging and volatile environment.

Table of Contents

Preface xiii

Acknowledgments xi

Introduction 1

Chapter 1 You and Your Nonprofit Deserve Risk Management 3

Chapter 2 Learn the Language of Lean Risk Management 17

Part I Identify 35

Chapter 3 Perform a Risk Inventory 37

Part II Prioritize 49

Chapter 4 Prioritize Your Risks 51

Chapter 5 Create Your Risk Register 61

Part III Respond 71

Chapter 6 Respond to Your Risks 73

Part IV Assess and Improve 95

Chapter 7 Develop a Risk Management Cycle 97

Chapter 8 Work with Risks at the Board Level 107

Chapter 9 Implement Lean Risk Management Incrementally 115

Conclusion 129

Appendix 1 50 Reasons Why It Is Hard to Run a Nonprofit 131

Appendix 2 Questions to Use During Risk Inventories 147

Appendix 3 Nonprofit Risk Management Policy Templates 171

Appendix 4 Fundamental Risk Management Elements (FRaMEs) 175

Appendix 5 A Simple Compliance Checklist 181

Sources and Methodology 187

Notes 197

About the Author 209

Index 211

Authors

Ted Bilich