July 2, 2014

USLI Joins Corporate Sustainers Program

The Nonprofit Risk Management Center is pleased to announce USLI as the newest Corporate Sustainer of the Center. Corporate Sustainers are leading organizations that demonstrate commitment to the nonprofit sector and alignment with the Center’s mission of helping nonprofit leaders embrace risk and become more risk aware.

“We are honored that USLI, a company long dedicated to supporting the nonprofit sector, has joined us as a new Sustainer,” notes Melanie Herman, Executive Director of the Center. “USLI has an impressive track record as a company dedicated to providing insurance products tailored to the needs of nonprofit organizations. We are very proud to count USLI as a partner and supporter.”

“We have been attending Nonprofit Risk Management Center’s annual Risk Summit for years, and we felt the time was right to increase our support and visibility within an industry segment to which we are so deeply dedicated,” shares Tom Nerney, President of USLI. “This allows us to not only continue to deepen our understanding of nonprofits but to also share what we have learned along the way. This collaboration gives momentum to ensuring our products and services continue to meet the unique insurance needs of this very diverse and dynamic sector. We are excited to develop this relationship and show our commitment to making a difference in the nonprofit world.” more…

Lessons from the Laugh Track

By Melanie Lockwood Herman

Fans of television comedy are familiar with the concept of a laugh track—a soundtrack that consists of the chuckles of a live audience or sounds that have been created in the sound lab to resemble an audience having a heck of a good time.

As a fan of live comedy as well as televised sit-coms, I was delighted to receive the new edition of Fast Company (Issue 187, July/August 2014), featuring an interview with Comedy Central’s president Michele Ganeless. The article, titled “Funny Business,” takes comedy fans behind the white noise of the laugh track for a close-up look at the thought process behind a successful brand. Four particular pieces of advice made me think of risk management while also making me smile. Now that’s funny!

1. Get out of the way – When asked how she “finds and cultivates strong comedic voices,” Ganeless replies, “What we do is find unique talent, give them a platform to do their thing, and kind of get out of the way.” What timeless advice for CEOs hoping to cultivate risk champions in a nonprofit, or inspire an ERM team or even a board-level risk oversight committee. A too common mistake made by nonprofit executives is to create a risk team but hang on tight to its agenda and process. Trust the people who believe in your mission and success, let go and get out of the way.
2. Talk to your audience – According to Ganeless, an important reason for the success of many Comedy Central shows is the network’s obsessive focus with its audience. She explains that, “…by the time we have heard a pitch, seen a script, heard the concepts, watched the roughs, seen the pilot, we have a sense of whether it’s going to work.” Trying to grow and sustain the risk function at your nonprofit? Start with the stakeholders of your nonprofit and resolve to ask them what they want and value rather than telling them what they need.
3. Don’t confuse “how” and “what” – When asked about the network’s growing portfolio of digital content and slick new iOS app featuring full episodes and stand-up comedy playlists, Ganeless explains that a major script change occurred when the leadership realized that “digital is just a piece of everything we do. So if you were working on digital marketing, well, you’re just doing marketing.” As risk management programs mature, some nonprofit leaders spend too much time trying to parse operational risk management from enterprise risk management. At the Center we believe that although the focus and key players may differ if you’re focusing on strategy versus ground level risks, reflecting on risk and striving to make the best possible decisions in an environment of uncertainty is still, well, risk management.
4. Fill your cup at the fountain of youth – Comedy Central has a cool mentor program that matches junior-level and senior-level staff. What’s so hip about that? The comedic twist at the network is that the junior members of each pairing are the wise mentors. According to Ganeless, what began as an attempt to “Help the old folks understand social media,” has become an invaluable way for staff throughout the organization to gain new insights into what people in the network’s target audience are talking about. How well does your nonprofit understand the wants, needs and expectations of your young clients and volunteers? Are you listening to leaders “in the know” or discounting younger staff until they earn their dues or walk in your outdated shoes?

Anyone who has attended one of my workshops or worked with me on a risk consulting project knows that I like to laugh. So it shouldn’t surprise the readers of the RISK eNews to learn that I enjoy watching professional comedians and comedic actors find the funny bone in serious or mundane topics. I also enjoy learning (a lot) from people who know a lot more than me about a whole host of topics. Starting this week we’re pleased to welcome Alaina Rashid as a social media maven / Summer Intern. Alaina will be coaching me on the nuances of social media before she returns to complete high school in the fall. You can read more about Alaina on our Staff/Associates page.

If my foray into social media makes you laugh, then follow us on Twitter @nonprofitrisk for side-splitting updates about our conferences, cloud apps, and collaborations with leading nonprofits.

Melanie Herman is executive director of the Nonprofit Risk Management Center. She looks forward to serving as the warm-up act for the opening keynote speaker at the 2014 Risk Summit, comedian Greg Schwem. Melanie welcomes your questions about risk management and the Center’s consulting services and cloud applications. Melanie can be reached at (703) 777-3504 or Melanie@nonprofitrisk.org.

Come Laugh with Me

Most people registering for a risk management conference do not expect to learn and be entertained. But you can expect both if your travel plans include the Windy City this September 21st -23rd. Comedian Greg Schwem will entertain nonprofit and insurance sector leaders from across the country at his keynote address on Monday, September 22nd. Let’s face it, risk management is serious business. Why not allow yourself an hour to laugh before silencing the laugh track in your head and focusing on timely subjects such as Digital Demons: Top Cyber Liability Risks, ERM: Is Your Nonprofit Ready?, Brand and Reputation Management, D&O Trends and Risk Strategies, and much, much more. Register to attend the 2014 Risk Summit today!

USLI Joins Corporate Sustainers Program

The Nonprofit Risk Management Center is pleased to announce USLI as the newest Corporate Sustainer of the Center. Corporate Sustainers are leading organizations that demonstrate commitment to the nonprofit sector and alignment with the Center’s mission of helping nonprofit leaders embrace risk and become more risk aware.

“We are honored that USLI, a company long dedicated to supporting the nonprofit sector, has joined us as a new Sustainer,” notes Melanie Herman, Executive Director of the Center. “USLI has an impressive track record as a company dedicated to providing insurance products tailored to the needs of nonprofit organizations. We are very proud to count USLI as a partner and supporter.” more…