2020 was truly a váltás, a time to pivot, think outside the box, adapt, and change from one direction or place to another. Few will look back on this year with fond memories; however, many will recall how resilience, empathy, and a deep commitment to one another was demonstrated in both small moments and big ways.
What do I do now?!?
As a non-profit board leader, managing a leadership transition is one of the most important responsibilities you have.
There are a number of different options when your executive director leaves.
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.
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.
THE LATEST FROM VALTAS
You are welcome to subscribe to get the latest news, updates and insights from our team.