Managing Risk and Reward in Pursuit of Innovation
Nonprofit organizations are on the frontlines of innovation, with pressure to innovate coming from funders as well as increased competition from nonprofits and for profits. In many cases, risk leaders in nonprofits may be intentionally excluded from conversations about risky new programs or strategic moves. Attend this session to learn how to bring consideration of risk into the meetings where bold innovation is being discussed. Learn how to facilitate a risk-aware review of innovative programs without being perceived as a professional wet blanket or the proverbial ‘department of no,’ and also how to develop a cross-functional risk plan that is hands-on, strategic, measurable, and assigns key tasks appropriately.