Managing Your Nonprofit for Resilience

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.

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