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Management Strategies

Crisis Management Strategies for Nonprofits

Nonprofit organizations can face significant challenges in dealing with a crisis. While their operations are compromised, the services that they provide to their communities may be needed more than ever. Over the course of 2020, nonprofits of every size and activity area have faced an unprecedented crisis requiring strategic responses and adaptability.

Create an Emergency Response Plan

It’s difficult if not impossible to chart a precise roadmap for unexpected or extraordinary events, but nonprofits need to have pre-established emergency response plans to guide their management process. Plans should include information such as when operations need to be suspended or modified and how resources should be reallocated.

Appoint a Crisis Management Team

The senior staff as well as board members need to play a very active role in crisis management, but it may also be necessary to get input from frontlines staff on how to best modify logistics and service provision. Nonprofit crisis response entails some difficult decision-making, and having a formal crisis management team can foster structured and informed decision-making.

One of the most integral aspects of almost every nonprofit’s mission is addressing a problem, so crisis management calls upon a strength that is already inherent to their activities. Careful planning and teamwork can enable a nonprofit to prevail in the midst of obstacles and uncertainty.

 

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Farming Risk Management

How to Successfully Manage Risks in Farming

The agricultural industry is a difficult and challenging one. There are certain risks inherent in farming that many other industries never have to contend with. There are many strategies that you can employ to help mitigate risks and propel your agricultural business forward.

Diversify Operations

Having a diverse operation can help shield you against losses in a single area. Vertical integration, or controlling more than one segment of the production process, is another useful strategy that can increase profits while reducing risk.

Plan for the Unexpected

Another key strategy is to prepare as best as possible for unexpected losses. Farm, ranch and livestock insurance products can help you recover losses due to weather, natural disasters, pesticide damage and any number of other unforeseen hazards. Conduct research into the coverage offered by agricultural insurance programs so you know what is available. Then make an informed decision about which ones will work best to help manage risks in your farming operations.

Know Your Options

Education is the key to your success. Take advantage of risk management programs offered by agricultural offices and trade partners. Make yourself aware of the assistance that is available should you face a potentially damaging situation, whether that is lost crops, property damage or an injury that occurs on your property.

There are no one-size-fits-all answers to reducing risk in farming. Take time to work with someone knowledgeable in the field to find a cohesive program that fits your agricultural operations.