Succession Planning Heres One Crisis You Can Avoid
- Slides: 20
Succession Planning: Here’s One Crisis You Can Avoid! 2012 AIRS Training and Education Conference Jackie Hall | Pathways Consulting Inc | May 23, 2012
Welcome! Individually rate: 1 = very low; 7 = very high 1. How valuable an experience do you plan to have? 2. How engaged and active do you plan to be? 3. How invested are you in the quality of the experience of those around you? Discuss with those around you
Learning Objectives § Recognize importance to organizational viability § Complete succession readiness checklist § Understand three methods to develop § Know steps in creating a plan § Learn about real-life example
References/Resources § Compass. Point Executive Search & Transition Succession Planning templates, compasspoint. org/et § The Annie E. Casey Foundation Executive Transition Monograph Series, aecf. org § Chief Executive Succession Planning, Nancy R. Axelrod Board. Source. org
“Succession Fire Drill” What would you need to do? What would you need to know?
It’s Important… § Risk management § Resiliency § Shared leadership § Energizing § Generational need
OK, if it’s so important, why do we resist doing it? ? ?
Succession Planning for Nonprofits § Not about “heir apparent” § Not a one-time event § Fosters shared vision/strategy § Build bench strength § Sound infrastructure and transition plan
Why Might You Initiate It? § New board leadership § CEO evaluation § Board self-assessment § Strategic planning § Organizational crisis
Organizational Life Cycle
How Ready are YOU… for a Smooth Transition?
Possible Approaches to Succession Planning § Strategic Leadership Development § Temporary/Emergency § Departure-Defined
Steps in Emergency Succession Planning 1. 2. 3. 4. 5. 6. 7. Identify priority functions Decide who should cover Define procedures (short-, long-term) Establish process for acting executive Draft communication plan Implement documentation/cross-training Build in a review process
Departure-Defined Additional Considerations § Personal and professional issues § Establish time frames § Build into strategic plan § Determine executive search strategy § Executive Emeritus role?
Case Example Marguerite Redwine Chief Executive Officer New Orleans, Louisiana
Emergency Succession Plan §Challenges §Successes §Lessons Learned
Departure-Defined Succession Plan §Challenges §Successes §Lessons Learned
Action Planning √ Use Readiness Checklist √ Identify Critical Gaps √ Information and Contact Inventory Begin the Conversation: Get Started!
Questions? Takeaways?
- Here's to you, jesusa!
- If you think you can you can poem
- How to avoid foolish opinions short summary
- Ecological succession succession of a pond
- Ecological succession succession of a pond
- Why are refusal skills important
- If you can't avoid it enjoy it
- How will you avoid plagiarism
- Texas. heres why.
- Texas. heres why.
- Heres to right now
- The art heres look
- Heres hank
- Myasthenic crisis vs cholinergic crisis
- If you can imagine it you can achieve it
- If you don't measure it you can't improve it
- If you cannot measure it you cannot manage it
- If you can't measure it you cannot improve it
- Investitionsanalyse kennzahlen
- You can be just the one you wanna be
- Board succession planning best practices