Risk as Strategic Advantage
Risk as Strategic Advantage
What if risk was perceived by your organization as strategic advantage, hidden opportunity, potential innovation? Would this change how you and your organization dealt with risk?
Risk can generate unexpected opportunities. The nonprofits can set themselves up in a strategic position when they choose to screen, explore, and manage risk with conscious awareness. Risk awareness allows the organization to promptly deal with a probable crisis or to seize an surprising potential while continuing to securely execute its mission without disruption.
Risk as strategic opportunity is more a mindset than a process.
This mindset includes:
- An awareness of risk possibility from poinwts of view of staff, Board and key stakeholders
- Risk is seen as possibility and advantage, not compliance and protection
- Every risk treatment also includes a strategic opportunity
- Risk as innovation is embraced by the whole organization at all levels
How prepared are your organization, leadership team and Board to take advantage of risk?
Role of the Board in Conscious Risk Management
Understanding risk will unlock invisible opportunities. Risk is strategic advantage, not a compliance issue.
|
|
|
|
Risk as Strategic Advantage for Nonprofit Leaders
What would it take for your strategic plan to be truly strategic?
Do you want to know how to embed the strategic plan into all facets of your organisation and get amazing buy-in from Board, staff and stakeholders?
Do you want a process that is quick, focused and provides step-by-step guidelines that result in a strategic plan that is accountable and measurable?
PDF e-BOOK - Available immediately to download
- Your Price: US$45.00
Popular Articles
-
Organization Vision and Strategy PART 2: Organization Vision and Strategy is part 2 of Conscious Leadership and the Organisation Effectiveness. This is a sample chapter from the book 'Conscious Leadership: The Key to Unlocking Success'...
-
The Five Conscious CEO Practices for Developing Conscious Culture by: Steven Bowman Copyright 2008 by Conscious Governance. All rights reserved. You may forward this in its entirety to anyone you wish. A truly conscious organisation is one where the CEO chooses...
-
The Role of the CEO in creating Culture by: Steven Bowman Copyright 2008 by Conscious Governance. All rights reserved. You may forward this in its entirety to anyone you wish. Culture is a term that is often used to describe the underlying...
- 1
- 2
- 3