Engaging Risk Learning Series: Strategic Risk

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This workshop is part of an ongoing learning series delving into specific categories of risk that nonprofits and charities told us are top-of-mind in the advancement of their risk management planning.

Is your organization prepared to take strategic risks to advance its mission?

The landscape that nonprofit organizations operate within has changed dramatically and rapidly over the past two years. Leaders are having to make critical decisions that will impact the future and sustainability of their organizations. Despite strong foundations, a vital mission and dedicated staff are not enough to insulate organizations from the risks that lie ahead!

As the pace of change accelerates, we tend to spend time on operational risks, when there are bigger risks - and greater opportunities – that are strategic in nature.

Strategic risks include:

  • Leveraging opportunities to advance your mission
  • Operating without clearly defined strategic priorities
  • Not examining assumptions underlying strategic decisions
  • Not tailoring services based on current and future community needs
  • Not attending to external trends and how they might affect your organization’s operations or funding

Strategic risk management requires thinking about a wide range of future possibilities and being willing to take risks for the good of those you serve in the face of an unknown future. These risks are not managed by rules and policies, but through approaches designed to assess and reduce the probability of negative impacts and leverage opportunities for positive outcomes.

Designed for senior leaders and board members who have a solid understanding of the basics of risk management, this three-hour session provides tools and resources to assist in identifying, managing, and leveraging strategic risks. In this highly participative workshop, we will work through real-life scenarios and learn from each other. Participants should come prepared to share their strategic opportunities and threats and engage in dynamic discussions with other leaders across Alberta.

This is a highly participatory workshop, incorporating your real-life situations and pulling from the experience of the group. Participants should come ready to engage with interactive group work and live discussion with the facilitator.   

One-session workshop: Cost $100, 3 hours instruction + resources & templates.