Introduction

Why Nonprofits Need Risk Management

This is a book outlining ideas and processes for implementing risk management in nonprofit organizations. It is quite reasonable to ask why such a book is required. We believe that there are many reasons for such a book, and after reading the book we hope that you will agree.

The first reason is that all organizations, whether for-profit or nonprofit, can benefit from risk management. We believe that risk management has many benefits to bestow on all types of organizations. Risk management, as outlined in our approach, helps organizations achieve their strategic goals. In addition, it helps to prevent threats to the organization as well as capture opportunity. We state here clearly and emphatically ...

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