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Succession Planning

$24.95
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Succession Planning is an essential component often addressed in strategic planning. It is critical to the organization's success and should provide for a process that recognizes, develops, and retains top leadership talent. Boards often create a succession plan outlining the process for maintaining, developing, and/or replacing the Chief Executive of a nonprofit organization. While this plan is thoughtfully designed and then put in the drawer until needed, it is critical for sustaining and advancing the organization's future growth. Succession planning is becoming particularly important as the baby boomer generation nears retirement age. Recent articles stress that 50 to 75% of nonprofit leadership will retire within the next five to eight years. This is expected to create a limited pool of candidates and a leadership gap in the nonprofit community. This assessment will be one of your organization's most valuable coaching tools.


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