Handling Risk During Economic Recession

The impacts of the COVID-19 pandemic have been profound for nonprofit organizations and the economy as a whole. What are the key threats that nonprofits need to pay attention to with a recession looming? In this session, discussion will focus on how you can: Perform a Risk Inventory to evaluate the threats and opportunities facing your organization; Review Your Financials from 2007-10 to look back on old planning and performance documents and review how your nonprofit responded in the past to fluctuations in demand and financial strains; Build Reserves; and Consider Less Aggressive Budgeting. Participants will learn the practical responses to make their nonprofit more agile in the face of economic uncertainty.

Join Ted Bilich and Linda Lenrow Lopez of Risk Alternatives for a high-energy, hands-on, session that provides seasoned nonprofit leaders, board members, and staff with a solid understanding of what they can do – immediately – to be more resilient and sustainable in the face of uncertainty.

This webinar is being presented at no cost to attendees, thanks to the generous support of The Community Foundation For Northeast Florida.

About the Presenters: Ted Bilich is the CEO of Risk Alternatives, where he provides training and organizational development engagements to organizations across the United States. Before founding Risk Alternatives, Ted was a Distinguished Visiting Professor from Practice at Georgetown University Law Center where he researched preventive law, risk management, governance, compliance, and complex dispute resolution. Prior to full-time teaching, Ted served for more than 20 years in the Washington DC office of the international law firm of Jones Day and taught at Georgetown for many years as an adjunct professor. Ted has also served on the boards of numerous organizations and has written widely about risk management and process improvement. He received his B.A. in economics, summa cum laude, from Wake Forest University, and his J.D. cum laude from Harvard Law School.

Linda Lenrow Lopez is a Senior Consultant with Risk Alternatives. She has more than 25 years of cutting-edge private sector risk management and project management expertise, including serving as the Bechtel Project Risk Manager for Phase One of the Dulles Metrorail extension in Northern Virginia. Linda joined Risk Alternatives in 2019 following a career with Bechtel Corporation, which consistently ranks in the top half of the Forbes Top 25 Private Companies list. Linda has worked extensively in both US and international project contexts.

Linda is a certified Six Sigma Black Belt, bringing extensive knowledge of risk management and Lean Six Sigma to our customers’ projects. Linda received her BA with dual majors in International Relations and Politics, and a minor in Spanish from Lake Forest College.