We have written before about the importance of empathy in risk management, but in this installment, we want to talk about risk empathy, which is quite different. Risk empathy is the practice of the risk manager designing the risk management practices of the organization with empathy towards those workers and volunteers who need to implement
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This is a simple question: are you solving yesterday’s problems or creating tomorrow’s opportunities? Yet, observing life around me during the Covid19 crisis reminds me of this question. Often the difference between an idea that solves yesterday’s problems and one that creates tomorrow’s opportunities is very subtle. These are the ideas that may become innovations and
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Risk management is essential for the growth and sustainability of nonprofit organizations. However, risk management shall not be a burden for nonprofit leaders and charitable sector managers. The ViStA Risk Management Framework is a scientific risk management tool developed specifically for nonprofits and charities. Risk should be the servant of the objectives of a nonprofit
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What is the best risk (or risk management) tool that nonprofit organizations and charities can use? Nonprofit leaders need practical risk management tools to deal with uncertainty and risks. Risk management tools are also useful to benefit from the opportunities. Many researchers and practitioners have been looking for the magical answer for decades. Here is
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