Board Succession: From Planless to Inspired

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Does your grantmaking organization have a succession plan in place?

If you’re struggling with succession—or haven’t dealt with this tricky topic on your board—you’re not alone. In our most recent member survey, we learned that 27% of members have completed their plans, 29% are working on one now, and 39% plan to complete theirs in the future.

I probably don’t need to tell you that a sound succession plan approved by your board is very important. Things happen, and simply having a plan in place can make everyone’s life much easier if something were to happen to you or another board member.

When it comes to succession planning, I find that our member organizations usually fall into one of six groups. Where are you, and what will you do about it?


Go to Resource


Content Partner: Exponent Philanthropy


Content Partner Website

http://www.exponentphilanthropy.org


Publication/Event Date:

May 2014


Is your resource available to the public or only your members?:

Public


Authors(s):

Ruth Masterson


Tags:




Categories:

Foundation Management
Governance
Resources

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