Risk Management for Nonprofit Organizations

Training Overview

In this series of three videos, Dr. Omer Livvarcin introduces the ViStA Risk Management Framework for nonprofit organizations, which was initially developed and published as a book by our researchers, Dr. Rick Nason and Dr. Daniel O. Livvarcin. The two primary questions Dr. Livvarcin will answer in this workshop are:

1. How can nonprofit organizations manage positive and negative risks?

2. How can nonprofit leaders use risk management as a strategic tool for growth and sustainability?

Why Should You Attend

Risk management is an effective strategic tool for all nonprofit organizations. An adequately prepared risk plan and proper implementation can play a vital role in the sustainability and growth of nonprofits and charities. 

Who Should Attend

● Medium to high-level staff members of a small, medium, and big nonprofit organizations.
● Nonprofit employees who are responsible for the development and implementation of risk plans. 
● Founders and board members of all nonprofit organizations and charities.
● Individuals who are seeking career opportunities in the nonprofit sector
● Immigrants and newcomers who are trying to gain skills in the nonprofit sector

Training Objective To assist nonprofit sector professionals and career seekers in gaining risk management skills.

Program Outline

Definitions of Risk and Risk Management

✔ What the definitions are, including alternative definitions

✔ Why the definitions matter

Risk Frameworks

✔ Pros and cons of risk frameworks

✔ Traditional frameworks

✔ Risk frameworks for non-profits

Setting Risk Objectives

✔ Risk Governance

✔ The role of the non-profit board in risk management

✔ Risk objectives and strategic objectives

Risk Identification

✔ Identifying risk

✔ Prioritizing risk

✔ Types of risk

Risk Culture

✔ What is an organization’s risk culture? Why it matters

✔ Creating a positive and effective risk culture

Exercise: Identifying Risk

✔ Strategies for risk identification

Exercise: Risk Communication

✔ Getting everyone on the same page

Operationalization of Risk Management (ACTIVE Model)

Exercise Assessing Risk Management

✔ Is our risk management helping or hurting?

Group Discussion The Future of Risk Management

✔ Strategies and tactics for implementing risk management

Management

Duration of the Certificate Program 2 hours
Certification of Participants Yes
Assessment Yes
Attendance Mandatory

Format Online real-time workshop
Date 02 February 2023
Time 10:00 AM - 12:00 PM (Eastern Standard Time)

Instructor

Daniel O. Livvarcin, PhD
livvarcin@vectorsgroup.ca

Please check other Vectors Institute workshops offered in January-February 2023 season.

- Grant writing for nonprofit professionals (Daniel O. Livvarcin, Ph.D.)
January 19, 2023, 2-4 PM EST
February 15, 2023, 10 AM - 12 PM EST 

- LinkedIn growth for professionals (Amit Dubey)
January 26, 2023, 10 AM - 12 PM EST

- Ethics in the workplace (English) (Emmanuel Goffi, Ph.D.)
February 16, 2023, 10 AM - 12 PM EST

- Ethics in the workplace (French) (Emmanuel Goffi, Ph.D.)
February 23, 2023, 10 AM - 12 PM EST

- Risk management for nonprofit organizations (Daniel O. Livvarcin, Ph.D.)
February 2, 2023, 10 AM - 12 PM EST

- Stakeholder Engagement (Mercedes Zanon) 
January 25, 2023, 10 AM - 12 PM EST