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Eight hallmarks of a risk aware Charity
Naziar Hashemi, Partner, National Head of Non Profit
How can charities get the most from their risk management?
Our experience of working with charities that are at the forefront in all these areas has led us to identify certain hallmarks of risk aware organisations.
A risk aware charity has a clear strategy and effective governance.
A risk aware charity links strategy to risk management.
A risk aware charity horizon scans and anticipates beyond the current strategic plan.
A risk aware charity understands the need to take risks and innovate.
In a risk aware charity risk appetite/tolerance is articulated and understood.
A risk aware charity embeds risk management at all levels with the right tone set at the top.
A risk aware charity understands the need for assurance and performance management and builds these into the process.
A risk aware charity communicates effectively.
Charities: reporting to gain trust
Charities have lost the public’s trust in recent months, so reporting on what matters has never been more important.
Charity board size, when less is more
Explaining the optimum size for governing board effectiveness.
Charities Financial downturns - dealing with the unexpected
Uncertain times challenge key assumptions for finance directors.
Charities: The importance of measuring impact
The operating environment is more challenging than ever, with increasing regulation, falling income and increasing costs.
National Head of Social Purpose and Non Profits
+44 207 842 7229
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