Is your organization ready for the scale of the challenges ahead? Based upon a number of studies, there are as many as one quarter of all nonprofit Executive Directors/CEO’s (“ED’s) who are planning to transition from their role within the next six months. As much as one-third of nonprofits have had two or more executives exit in the past five years. I’m sure you know some of these organizations.
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Is there anyone flying this plane? In too many cases, a nonprofit board’s approach to leadership turnover is hectic, not well thought out or planned, reactive instead of proactive. Most often, the board is group of passionate, well-meaning volunteers who are now faced with the single most important role they will have: selecting a new leader. How the board navigates the transition will directly impact the future and potential viability of the organization.
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