›CEO Succession planning is no longer just for retirement | Bryan Orander
CEO Succession planning is no longer just for retirement | Bryan Orander
About this session
Research has consistently shown that 60-70% of nonprofit Executive Directors/CEOs expect to leave their current roles within the next five years. Anecdotally, successful young leaders seem to be looking for new challenges even sooner. The resignation, retirement, or dismissal of an executive director/CEO is a significant event in the life of a nonprofit organization. That critical leadership transition can be a time of opportunity if the organization is thoughtful and prepared to move forward.
Are you prepared? What’s your plan if your senior leader gives a year’s notice or becomes ill, or your younger leader gives you a few week’s notice?
Bryan Orander of Charitable Advisors will be leading a group consulting/coaching opportunity this September/October around succession planning and preparing for leadership transition. Two organization representatives will attend two working sessions with Bryan Orander and four other nonprofits focused on the same tasks:
Create or update your ED/CEO Emergency Succession Plan
Create or update back up and development plans for senior/key staff
Discuss and update board leadership development plans and strategies
Explore implementation around timelines or circumstances specific to your organization
In each case, you can bring your existing documents into the conversation for review and refinement or start with Charitable Advisors templates and match to your needs.
Where else can you get a customized succession and senior staff development plan in a month’s time for less than $500?
What are the requirements?
Two representatives from each participating organization. For most organizations, the ideal participants would be the Executive Director/CEO along with their board chair or another Executive Committee member.
Commitment to attending both working sessions plus about an hour of preparation time and an hour of homework between sessions plus agreement to send a copy of your final documents to someone else in the group, or Bryan– for accountability.
Confidentiality – participants will range from being on the verge of retirement to preparing for the unexpected and some information may not be public knowledge. Everyone is requested not to share conversations and information about the other participating organizations.
A laptop will allow you to work more efficiently during the session and also seek feedback from the group on any written or visual materials.
When are the session dates?
CEO Succession Planning is no Longer Just for Retirement will begin on Thursday, September 28, tentatively from 8:00 – 10:30 a.m. but may be shifted 30 minutes earlier or later if the majority of the group prefers. The second meeting will be the morning of Thursday, October 26 unless the group chooses to reschedule it at the first meeting.
Where is session hosted?
Castleton Office Park at 6515 E. 82nd Street, Suite 208, Indianapolis. On the northeast side close to I-465 and I-69.
New or updated ED/CEO Emergency Succession Plan
New or updated back up and development plans for senior/key staff
Board leadership development plans and strategies
Explore implementation around timelines or circumstances specific to your organization, such as:
Assisting in assembling a “plan of action” and timetable for a departing executive director/CEO.
Send current succession plans and development plans to Bryan
If no plan – Draft Emergency Succession Plan template
Session 1 Identifying what makes a good story
Specific scenarios/ Q & A
Defined Departure planning
Self-assessment of readiness for a transition
Update documents from Session #1
Review Session #1 discussions with staff/board leadership
Have senior/key staff complete back up plan worksheets
Session 2 Selecting and drafting the stories
Review and discussion of homework
Staff Development planning
Board leadership development
Specific scenarios/ Q & A
Submit final documents within 30 days (by end of November)
What is the cost?
General investment is $495 for a three session series.
Bryan Orander is founder and president of Charitable Advisors and publisher of the Indianapolis Not-for-profit News. Over the last five years, Bryan has supported more than 25 nonprofit CEO/ED’s leadership transitions for organizations ranging from four to over 400 staff member and annual budgets ranging from a few hundred thousand to over $20 million. Bryan Orander was one of the first consultants in the country trained in the Executive Transition Management (ETM) model — Prepare, Pivot, Thrive — developed by the Annie E. Casey Foundation. Bryan’s training and practical experience can help support your board and staff leaders through a successful transitions.