Organizations today are shifting toward centralized risk management, and for good reason. Effective risk management practices are essential for ensuring organizations are equipped to handle common challenges—and this is especially true for nonprofits.

A McKinsey report found that 59 percent of healthcare organizations already partner with third-party vendors to develop customized AI solutions, and 24 percent plan to build in-house solutions. Plus, around 60 percent of those who have implemented generative AI solutions are either already seeing a positive ROI or expect to. However, incorporating AI into your...