|
|
|
|
|
NEWS DETAILS
| Who's Your Risk Managment Champion? |
| 2/3/2009 |
|
February 2009 – Risk Management Tip of the Month
Who’s the biggest worrier around? Ask that individual to turn those worries into gems that will benefit your nonprofit! Hallmark #2 encourages risk-savvy nonprofits to herald a risk management champion. Designating and supporting a risk management champion will help your nonprofit identify and sort risks and actively address them throughout the organization. A nonprofit that heralds a risk management champion is well ahead of its peers because the champion carries the standard so that others are motivated to identify risks and come up with creative solutions to address those risks.
Ensure that the champion has an avenue for expressing his/her ideas to those directly in a position to influence change. One effective way to do this is through an "Open Door Policy" or an internal grievance procedure that specifies that there will be no retaliation for employees or volunteers who "blow the whistle" or raise concerns about any issue, including financial accountability, at the nonprofit. Many states have their own statutory protections for whistleblowers, so be sure to consult with the state association or an attorney familiar with the law in your state for guidance. For resources, including sample Open Door and Whistleblower Protection policies, click here.
To see more tips and practical suggestions on taking risks (or submit your own) take a look at other tools offered by the Nonprofit Risk Management Center to support Hallmark #2 |
|
|
[ 0 ]
