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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Warren Buffet is supposed to have said that “only when the tide goes out do you discover who has been swimming naked.” The pandemic has shown which non-profit organizations were swimming naked in terms of their risk management. Organizations that skimped on risk management – or even worse – totally ignored it, were the ones
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