KEY FEATURES Engaging original case studies profile a wide variety of issues and obstacles facing all types and sizes of nonprofit organizations today. Theories, cultural competencies, and ethical and legal considerations are integrated throughout the text. A chapter on risk management explores challenges such as theft, vulnerable populations, and workplace accidents. A chapter on international nonprofits adds a dimension that is not always covered in texts. Case questions teach students to think strategically, solve problems, handle conflict, and unpack organizational issues.
Chapter 7: Risk Management
Individuals who seek to manage and lead nonprofit organizations assume great responsibility and must be adequately prepared to protect their organizations from unforeseen harm. Lacking extrasensory perception or a crystal ball to perfectly predict the future, nonprofit leaders must work diligently to plan for and minimize potential risks to their organizations. Beyond protecting a nonprofit from potential lawsuits,, good risk management practices enable nonprofits to stay focused on their services and delivery of their mission and ultimately to maintain the public’s trust.
The Nonprofit Risk Management Center (2015) defines risk management as “a discipline that can help you understand the risks you face, modify your behavior accordingly, and prepare your nonprofit to thrive in an uncertain future.” In nonprofit organizations, risk ...