Presentation on theme: "Succession Planning: Heres One Crisis You Can Avoid! 2012 AIRS Training and Education Conference Jackie Hall | Pathways Consulting Inc | May 23, 2012."— Presentation transcript:
Succession Planning: Heres One Crisis You Can Avoid! 2012 AIRS Training and Education Conference Jackie Hall | Pathways Consulting Inc | May 23, 2012
Welcome! 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? Individually rate: 1 = very low; 7 = very high 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 CompassPoint 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 BoardSource.org
Succession Fire Drill What would you need to do? What would you need to know?
Its Important… Risk management Resiliency Shared leadership Energizing Generational need
OK, if its 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.Identify priority functions 2.Decide who should cover 3.Define procedures (short-, long-term) 4.Establish process for acting executive 5.Draft communication plan 6.Implement documentation/cross-training 7.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!