Human factors that can contribute to risk in a nonprofit organisation
Every nonprofit organisation needs to ensure adequate and appropriate provision for the
management and avoidance of strategic, operational and financial risk.
However, it is also essential to consider the ‘human’ or ‘behavioural’ factors
that can contribute to risk.
Tags: board, committee, finance, governance, information, management, nonprofit, project, quality, risk, service, stakeholder, strategy
Outsourcing
Organisations have traditionally sought certain types of expertise from ‘outside’, particularly for one-off, specialised projects (eg installing a computer network, interior design of offices, investment advice) or for administrative functions (eg payroll, accounts, printing, event management). Outsourcing is often referred to as ‘contracting in’ while the opposite function, that of tendering, is often referred to as ‘contracting out’.