By Michele Braun
The leaders of every nonprofit organization know that they face risks: challenges to delivering services, ensuring sufficient funding, specialized staffing, facilities, technology, perhaps the local political environment, existing laws and regulatory changes, to name only a few. How do leaders, with their plates already full—or overflowing—address these risks and manage them accordingly? What tools are there for nonprofit leaders to decide which risks to take, which to manage and how to manage them?
In conversations about risk management, executives and board members for nonprofit organizations tell me about the challenges of balancing an organization’s mission while managing its risks. These risks, they say, come in many…
