Download this article for your Board of Directors
When we think of succession planning, often we limit the scope to the CEO position. We must broaden our thinking. As we learn in the book Governance as Leadership, boards operating in all 3 modes of governance – fiduciary, strategic and generative – have a leadership role within an organization. Leveraging their talents to offer insight and wisdom in a way that furthers the organization’s mission.
Therefore, when thinking about succession planning, consider positions beyond the CEO. Focus on developing bench strength and understanding the talents needed at the board table as well. Exceptional organizations give time and energy to create a comprehensive plan for staff leadership development, emergency transitions and planned turnover.
In this issue of Guiding Governance, we share articles, tools and templates to support your organization’s leadership transition planning.
Starting the Conversation
- Managing Leadership Succession – By Jack Curtis for LeadingAge Magazine
- Why Providers Must Have Succession Plans – By Deborah Wood, R.N. for LeadingAge Magazine
- Senior Living Executives: Trends in Succession Planning and Incentives – by CliftonLarsonAllen
- Leadership Lessons from the Battle of Gettysburg – by John Franklin, BB&T Capital Markets
- The Board’s Role in Preparing for and Ensuring Successful CEO Transition – from Goodwin House
- Succession Planning: The Elephant in the Room – By Hildy Gottlieb for Help 4 Nonprofits
- How to Succeed at Succession Planning – By Lois A. Bowers for McKnight’s Senior Living
- The Power of Board Succession Planning – By Sonia J. Stamm for Board Effect
- Succession Planning for the Nonprofit Board Chair – from Social Venture Partners Boulder County
- Succession Planning For God’s Gift by the Nonprofit Whisperer
Tools and Templates
- Succession Planning: Establishing a Long-Term Talent Strategy in Senior Living – By LCS
- Succession Planning and Practice: An Essential Component of Success – By Walker Healthcare CPAs
- Leadership Contingency Plan for the President & CEO – From Westminster Canterbury of the Blue Ridge
- Succession Plan for Entire Organization – From Goodwin House
- Workforce Planning Tool – From Goodwin House
- CEO Succession Plan – From a LeadingAge member
- A Strategic Approach to Leadership Transitions – By Patrick Sanaghan, Nancy Aronson and Jane Mack, Friends Services for the Aging
- Board Leader Succession Planning Toolkit – From the Society for Human Resources Management
View all past issues of “For Your Board” on our website under Resources for Member Boards.
And don’t forget to join the LeadingAge Governance List Serv to share best practices, resources and get advice from colleagues around the country.
