What happens if the Executive Director of your organization unexpectedly quits, get seriously ill, or, worse, dies? Who would be in charge? How would your organization go about finding its next leader?
The Edyth Bush Institute of Nonprofit Management and Leadership at Rollins College recently rolled out the 2017 Central Florida Nonprofit Benefits and Compensation Report. This report summarizes information gleaned from surveys of 161 local nonprofit organizations from 7 Central Florida counties. While 33 (20%) organization self reported an expected turnover in the CEO/ED position in the next three years, only 42% of organizations have an updated emergency succession plan.
Start succession planning now before there is a problem!
Executive leadership succession is one of key functions of a board of directors. Do this planning before an emergency happens. Proper planning can help elevate the emotional component to what might otherwise be a potentially volatile time. The departure of long-time leaders, especially founder/CEOS, is particularly challenging in the nonprofit sector. Planning can also be an excellent opportunity to examine and evaluate the current leadership structure and job responsibilities. This is not simply about ED, there may be other key staff positions that could benefit from succession/ emergency planning.
Check out this article, Five Steps to Stronger Succession Plans in Nonprofits, by Charles Ingersoll and Divina Gamble for some great tipns.. Charles Ingersoll Jr is senior client partner and co-leader of nonprofit practice at Korn Ferry. Divina Gamble is co-leader of Korn Ferry’s nonprofit, philanthropy and social enterprise practice.
Schedule time at your board meetings, with your current ED’s involvement, to begin conversation about succession planning and emergency planning. The average time to fill a leadership role can be far more than 6 months. Can your organization survive that gap?
Struggling with this issue? Call me, I can help. I can facilitate the conversation. Are you experiencing that gap right now? I can help. I offer interim leadership services. Contact me for a free consultation.