Most nonprofit board members and executive directors agree that having an executive succession plan is essential – identifying the steps to take when the executive director makes a departure, whether planned or unplanned. Yet research shows 60% of nonprofits don’t have a succession plan in place, citing a lack of support for developing sustainability and difficulty building a leadership bench.
Creating a succession plan doesn’t have to be so difficult. The five tips for executive succession planning, will include:
- Organizing the people & process
- Dealing with the “elephant in the room”
- Tools to keep everything on track
- Options for communicating the plan
- Strategies to keep the plan fresh over time
We’ll provide five tips, and open the floor for your thoughts, questions, and ideas. You’ll leave with some practical strategies you can use immediately.
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Joyce Miller Evans
Vice President, Chief Information Officer, Ohio Presbyterian Retirement Services