[PODCAST] Managing Risk During Strategy Execution

Nonprofit leaders spend a lot of time developing strategic plans. But there isn’t always the same kind of effort spent to figure out how the plan will be executed - and what risks are involved with that.

I recently joined risk management expert Sabrina M. Segal JD MIP CFE on her podcast Tolerable Risk: Opportunities and Threats in the 3rd Sector to chat about managing risk during strategy formation and implementation. Some key questions and discussion points we cover:

→ What is the modern expression of your organization's mission?
→ Consensus v. buy-in - what's the right way to frame decision-making?
→ The 85/15 approach - why planning for 100% is never a good idea
→ One of the main reasons strategies fail is because they are un-executable. How can we avoid this threat?

If you're tired of your beautiful strategic plans getting shelved at the implementation stage, be sure to check out this conversation. You can listen to the full episode and grab links to lots of great resources here.