Management Consulting for Nonprofits and Social Enterprises

Hardini Community Centre 225 Donald St, Unit 153 (Gate H)
Ottawa, ON K1K 4B7

(613) 890-1581
info@vectorsgroup.ca

Nonprofit leaders and management teams have to deal with uncertainty and complexity on a daily basis. Following risk management notes are prepared to help nonprofit leaders. Organizational insight on risk management We should stop talking about risk-taking and its importance for innovation. This assumes if we encourage people to take risks, innovation magically happens. Yet,

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In my experience, high-caliber athletes tend to be great risk managers for the simple reason that high-level sports tend to be an excellent training ground for the principles of risk management.  Sports involves many of the types of assessments that risk managers need to make and resembles risk training in many ways.  In addition, the

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All Nonprofit Board members know the classic risk treatments: eliminate, mitigate, ignore. But is that all? The answer is an emphatic NO!. In fact, it just might be that the most important risk treatment is also the most ignored or forgotten. That special risk treatment is “embrace”. Risk management is the management of future uncertainty

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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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Risk management tools

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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Swimming naked

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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Why Risk Management is Like Advertising

While half of your risk management activities may be wasted, the other non-wasted half more than pays for itself and ultimately increases the effectiveness of your non-profit organization.

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