A Different Kind of Risk Management
Reputational risk. Maybe not the term commonly used, but a topic that should be on everyone’s minds. While there isn’t a business that doesn’t rise or fall on its reputation, it’s is even more salient for an organization, like every nonprofit, that lives or dies on the basis of its reputation. To a very great extent, our reputation is livelihood.
When nonprofits ask a donor—be it a foundation, corporation, individual—for money, they do so in exchange for a promise backed by the organization’s past success in Read more