The Nitty Gritty of a Risk Committee

The Nitty Gritty of a Risk Committee is the title of a Nonprofit Risk Management Center (NRMC) article by Melanie Lockwood Herman. The article states, “Let’s form a committee!” is the frequent battle cry of nonprofit leaders facing a complex problem for which there are no obvious, immediate or cheap solutions. When more than one brain is needed to ponder a perplexing problem, forming a committee seems to be a good first step. But are risk committees worth the time and nurturing they require? At the Nonprofit Risk Management Center, we answer this question with a resounding, “Yes!” That’s not to say that we haven’t heard about some ineffective and nearly useless committees in our many years as an advisor to nonprofits. But the concept is sound and with a little finesse, every nonprofit can recruit and deploy a committee that will strengthen, support and help sustain a strong and effective risk management program. Click HERE to read the full article.

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