The Waiting Game: Defining Key Risk Indicators and Developing Foresight
Get ready to tackle an inherently difficult component of the risk management discipline: anticipating risk. This workshop explores the unpredictable—or sometimes somewhat sure—nature of risk, and what nonprofit leaders can do to better anticipate future probabilities in a world full of possibilities. Avoiding stuffy statistical modeling, this session offers accessible approaches for defining Key Risk Indicators and “warning signs” that a known risk might materialize. The session also touches on philosophies for developing foresight as a nonprofit leader or risk professional, which is useful both in preventing loss and in taking the right risks to move your mission forward.