Succession Planning Heres One Crisis You Can Avoid

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Succession Planning: Here’s One Crisis You Can Avoid! 2012 AIRS Training and Education Conference

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

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 §

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 §

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

“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

It’s Important… § Risk management § Resiliency § Shared leadership § Energizing § Generational need

OK, if it’s so important, why do we resist doing it? ? ?

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

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

Why Might You Initiate It? § New board leadership § CEO evaluation § Board self-assessment § Strategic planning § Organizational crisis

Organizational Life Cycle

Organizational Life Cycle

How Ready are YOU… for a Smooth Transition?

How Ready are YOU… for a Smooth Transition?

Possible Approaches to Succession Planning § Strategic Leadership Development § Temporary/Emergency § Departure-Defined

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

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

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

Case Example Marguerite Redwine Chief Executive Officer New Orleans, Louisiana

Emergency Succession Plan §Challenges §Successes §Lessons Learned

Emergency Succession Plan §Challenges §Successes §Lessons Learned

Departure-Defined 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

Action Planning √ Use Readiness Checklist √ Identify Critical Gaps √ Information and Contact Inventory Begin the Conversation: Get Started!

Questions? Takeaways?

Questions? Takeaways?