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