You think risk management is not important?   Think again and join the conversation ! The 2016 proxy statement from IBM includes a full page discussion on corporate governance.   Roughly a third of that page is devoted to the topic of risk management.   To quote a few key lines:   “At IBM, we believe that innovation and leadership are impossible without taking risks.   We also recognize that imprudent acceptance of risk or the failure to appropriate identify and mitigate risks could be destructive to stockholder value.”   This is music to my ears!   At the Manhattanville School of Business, we live by this “tag line”:   Managing risk for organizational growth and sustainability.   You can’t afford not to. IBM’s statement raises three important points that are near and dear for me.   First, there is no success without risk.   I could go even further to say that there’s really nothing—and I really mean nothing—with...

Hi Aaron- Why did you choose the Manhattanville School of Business to pursue your degree ?    1)  I chose Manhattanville School of Business because of the location, the reputation of the program in the current sport management field and academics, and the geographic proximity to New York City. These three variables all enable students to obtain desired internships and future careers in the competitive sports business field. I also was very impressed with the faculty during my initial Open House and their prominent list of key advisors in the sport management field. How has your studies helped in your position? 2) In regards to my position at the ECAC, I would say that all classes so far have been helpful during my tenure. I certainly have taken many themes from Professor Rollins’, Managing Sports Business, Professor Doris’, Leading Sports Organizations and Prof. Glovaski/Alpert's  Facility & Event Management courses. How else have you...

Planning for the Unknown:   Risk Awareness for Nonprofit Organizations by Michele Braun, Director, Institute for Managing Risk, Manhattanville School of Business The leaders of every nonprofit organization know that they face risks:   challenges to delivering services, ensuring sufficient funding, specialized staffing for mission-driven services, facilities, technology, perhaps the local political environment, existing laws and regulatory changes, to name only a few.   How do leaders, with their plates already full—or overflowing—address these risks and manage them accordingly?   What tools are there for nonprofit leaders to decide which risks to take, which to manage and how to manage them?   Importantly, the very first step in the International Standards Organizations’ risk management framework (ISO 31000) is to establish the context .     For nonprofits, the context includes that they have goals and missions other than financial pro...

Background: Mary Meyer is the Project Director of the Comprehensive Adolescent Pregnancy Prevention (CAPP) grant at the Economic Opportunity Council of Suffolk, Inc. located in Suffolk County, New York.  The CAPP program helps to decrease adolescent pregnancy through a comprehensive approach to reducing the risk of initial and repeat pregnancies, reducing STDs and HIV/AIDS rates among adolescents, and promoting healthy sexual behaviors. The initiative – which receives funding from the New York State Department of Health – addresses the underlying issues associated with adolescent parenting as well as race, ethnic, and geographical disparities related to adolescent sexual health outcomes. CAPP encourages alternatives to sexual activity by promoting an optimal transition into healthy young adulthood with after-school programs, evidence-based interventions, and community service learning. Mary is also a licensed social worker, receiving her Masters of Social Work from Stony...

New York Times 2-14-2016 Can Health Care Providers Afford To Be Ready For Disaster?  At the Institute for Managing Risk at the Manhattanville School of Business, we will be talking about how organizations assess their risks and how they decide to manage their risks.   An Op Ed in the February 14, 2016, New YorkTime s highlights the tradeoffs that companies make.   The article, “Can Health Care Providers Afford to Be Ready for Disaster,” addresses potential Federal regulations specifying certain levels of planning, preparation, and testing for nursing homes and hospitals.   Are full preparations for another Hurricane Katrina or a Superstorm Sandy reasonable and appropriate?   How much back-up power capacity, which might be useful for continuing operations through events far less catastrophic and possibly more frequent than these two weather-driven disasters, is reasonable and appropriate?   How should a hospital assess its risks?   Are there re...