Senior executives and board members continue to indicate risk management is a high priority. In a recent national survey nearly 70% of respondents said they experience pressure from their board for more risk oversight. But why do so many organizations struggle to institute an effective Enterprise Risk Management (ERM) program? And why has the nonprofit sector continued to lag in establishing a useful ERM program? The answer lies in a combination of practicality and cost. Using examples from his extensive experience, John McLaughlin explains how nonprofits can establish cost effective and practical ERM programs.
Recorded May 22, 2019 as part of the Nonprofit Institute 2019 .