Rick Nason, Ph.D. & Daniel O. Livvarcin, Ph.D.
The initials CRO in an organization usually stand for Chief Risk Officer, but there is both a real danger, as well as a missed opportunity, if by default or laziness the letters wind up unintentionally defacto becoming the Chief Routine Officer. Risk is never constant, and thus risk management should also not be constant. Risks...
The COVID Pandemic is one of the biggest tragedies that resulted in a lot of losses. But in fear of COVID, it is not suitable for us to contain ourselves in the cell of our homes. And so it is necessary to go back to the normal. But will that normal be the same as...
A non-profit organization aims to serve society, unlike other companies whose primary goal is business success. Thus, the same strategy will not work in the same way for both types of organizations. When talking about corporate firms, we look more closely towards a better product that will expand the venture. However, the same is not...
When you start to think about Write a grant proposal, it means that you already have an idea that will help make the world a better place for us. That idea may be a way to improve a non-profit organization, a research objective that needs experimentation, or even a community resource that you are itching...
From an NGO perspective, sustainability means that project benefits will continue to be implemented and delivered to key target groups, even after a donation from donors. Ensuring a continuous flow of funds to implement projects and programs is a challenge for NGOs. Long-term strategic planning for nonprofit organizations enhances the participation of various donors. As a nonprofit...
Non-profit organizations are very different from companies because they are mission-driven and aim to serve the community’s needs. With the common goal of value creation in mind, companies have the wisdom of non-profits having more significant influence and doing more effectively. If a non-profit organization benefits from running the organization properly, profits should not increase...
The choice to devote oneself to a social cause can arise for various reasons, personal and otherwise. However, nonprofit companies’ work in our country and the rest of the world is vital; think of giants such as WWF and UNICEF. , the sacrifices and management dynamics of these entities are not at all simple. However,...
In this constantly evolving world both economically and technologically the concept of in-office seems to be best left behind in the 20th century. Especially with the increased need for people to work from home due to the covid-19 pandemic, organizations around the globe have been thrust into working remotely. At first, glance, seeing what’s going...
A Nonprofit risk management strategy is essential for nonprofit organizations, especially in this pandemic situation. The risk can be financial unpredictability, natural disasters, legal liabilities, and even errors in management. Nonprofit risk management may intend to be very careful, strategic, and prepared about managing these risks. But still, they are mostly overlooked because nonprofit businesses...
Copyright by Vectors Group. All rights reserved.
Copyright by Vectors Group. All rights reserved.
