Identifying and Communicating Risk in the Non-Profit Sector
On September 22-24, 2014, Open Road Alliance convened leaders from 18 NGOs over the course of three breakfast roundtables in New York City to discuss how their organizations consider and manage “risk” within their everyday work.
In this case, risk was defined as the likelihood of certain events or disruptions occurring, which could negatively impact the project, program, or organization as a whole. These disruptions could be fully external, such as acts of war, or internal, such as managing narrow cash flow margins.
In addition, the conversations focused on how or if these organizations communicate with their funders about risk, and what role their funders play in addressing the challenges posed by potential disruptions.
Questions for discussion included: How do you define/consider risk? Do you assess risk at the beginning of new projects? How do you communicate with funders about disruptions? How do you plan for, manage, and mitigate risk?