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
Red (or Pink) in the Face
None of us likes having egg on our face. Susan G. Komen for the Cure is currently wearing it big time. As they attempt to regroup from a series of recent blunders, we can look at the Komen example and learn from it.
First mistake: think very, very, very carefully before hiring someone who has recently run for, and lost, political office. Or, for that matter, someone who is stepping down from political office. Politics have never been for the weak-willed or mild- mannered. And while Read more