Risk management. A common phrase, but what exactly does it mean? Not-for-profit organizations encounter unique issues when tackling the implementation of a risk management program. Some organizations may have the resources to have an individual or a team solely dedicated to risk management; other organizations delegate risk management duties among their staff.
Jim Yard, a Schneider Downs Internal Audit and Risk Advisory Shareholder, will be presenting, “Assessing the Effectiveness of Your Risk Management Program,” at Schneider Downs’ quarterly Not-for-Profit Breakfast Briefing on Tuesday, October 22 at the Rivers Club. The following will be discussed at the seminar:
- Prioritizing and assessing your organization’s identified risk
- Roles of the Board and Audit Committee
- Best practices in initiating a risk management conversation and with whom
- How not-for-profit organizations are addressing risk management
- Identifying strategic risks in today’s environment
- Implementing and executing an effective risk management program
- Interplay between risk management, business processes and strategic plans
We’re adding a personal touch to our breakfast briefing. Schneider Downs developed a survey that we sent to our not-for-profit contacts in the region to gauge their efforts in identifying risk and implementing a risk management function. We will compile the responses prior to the seminar and use them as benchmarks for our attendees to assess where their own risk management efforts stand against responding organizations. There will be time for questions and discussion after the presentation.
Two CPE credits will be available for all attendees. If you would like to register for “Assessing the Effectiveness of Your Risk Management Program,” email Veronica Bucci or register at the following web link: https://www.schneiderdowns.com/nfp-risk-2013.
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