mpact of Risk Management on the Performance of Nonprofit Organizations in Yemen
Abdul Salam Antar Qasim Abdou presented "The Impact of Risk Management on the Performance of Nonprofit Organizations in Yemen" at the Gate Academy's celebration.
Introduction
Risk management is one of the most vital issues affecting the operations of any organization significantly. Therefore, it should be scientifically understood because an increase in risk within any organization can turn into a problem. These risks can be regulated by studying and accurately identifying their types.
Risk management is a tool or a means that can be practiced to minimize losses as much as possible, allowing for continued operations. It addresses issues that arise at different stages within the organization. The importance of risk management lies in its ability to anticipate potential problems, correct actual issues when they occur, mitigate them, and develop an action plan to avoid or reduce their impact.
Most profit and non-profit organizations today aspire to achieve success, excellence, efficiency, and effectiveness in all their operations and activities. They compete to build a strong and distinguished strategic position to achieve growth, sustainability, and improve performance in an environment characterized by continuous change and fierce competition for resources of all kinds. To accomplish these goals, these organizations need to possess a deep strategic vision, a clear mission, and a sound strategy to foresee future prospects with insight and a correct vision to try to understand what it could be in the long term.
The study aims to clarify the importance of risk management in improving the performance of non-profit organizations in Yemen.
Significance of the Study
This study derives its importance from the need to clarify the concept of risk management and its impact on the performance of non-profit organizations in Yemen. The study may yield results that can contribute to providing recommendations and suggestions for risk management professionals to improve the performance of non-profit organizations. This study can serve as a source for researchers and students who want to learn more about the impact of risk management on the efficiency of non-profit organizations in Yemen. It may serve as a starting point for researchers and enthusiasts to conduct further research in this field.