Discover the critical role of risk management in the nonprofit sector with our latest blog. Uncover how nonprofits, driven by a mission to serve and empower, must navigate a world brimming with uncertainties - from financial instability and regulatory changes to natural disasters. Learn why risk management in this context isn't just about financials, but the well-being of communities served.
If your nonprofit faces declining cash flow, here’s a checklist of what to do:
Staff members in your nonprofit are using AI right now. Are they letting you know which writings have included AI input? Do you have guidelines in place to help your staff determine whether and how to use AI effectively and ethically?
If your nonprofit or its beneficiaries rely on federal government funding, you need to be preparing for a government shutdown. Yes, a few weeks ago, Congress passed and President Biden signed a stop-gap measure to temporarily keep the government running.
In today’s complex environment, risk management is not just a good-to-have; it's a necessity, especially for large nonprofits. With evolving challenges ranging from climate change to political polarization to the impact of social media, traditional risk management strategies are proving increasingly inadequate.
The nonprofit sector is often celebrated for its altruism and service focus. While these organizations tirelessly work to fill societal gaps, they face substantial financial and operational challenges, particularly when navigating partnerships with government entities. One pervasive issue is the adoption of "negative value contracts" by governments—a growing concern that impacts nonprofits of all sizes. This blog delves into the implications of such contracts and offers strategies for nonprofits
Congress averted a federal government shutdown this weekend, giving the nation another 47 days of federal funding. This does not mean that your nonprofit can get back to business as usual. Things are not usual in Congress unless we presume that “usual” and “insane” are synonymous. Nonprofit leaders need to take two steps right now: advocate about the potential impact of a shutdown and review contingency plans. This post will address advocacy, explaining how nonprofits need to give voice to shutd
You might think that your nonprofit is not impacted by events in Washington, D.C., particularly if you’re located far outside the Beltway. But just about everyone is impacted by a government shutdown, as shown right here in my home town of Madison, Wisconsin. As a nonprofit leader, it’s crucial for you to understand what a government shutdown is, how often they occur, how they can impact your organization, and how you can manage those impacts.
It’s vaccination season again. Start by getting your COVID-19 and flue vaccines. But don’t stop there. Consider “organizational” vaccination using sound risk management principles.
