Succession Planning
The COVID-19 pandemic has elevated the need for nonprofits and businesses to be prepared for any crisis, which includes having a basic emergency succession plan in place. Yet only 23% of nonprofits have any succession plan in place at all.
The Idea Loom can help you with tips and tools for taking the stress out of effectively developing your own plan.
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Contact us to schedule an initial consultation.
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A few helpful resources:
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The Nonprofit-Executive Succession Planning Toolkit offers guidance on emergency and planned successions. (Federal Reserve Bank of Kansas City)
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Executive Transition (BoardSource)
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Building Leaderful Organizations: Succession Planning for Nonprofits (Annie E. Casey Foundation)
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Planning for Leadership Emergencies in Nonprofits (Nonprofit Quarterly)
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Succession Planning Should Not Be Taboo (National Council of Nonprofits blog post)
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Emergency Succession Planning Template (Center for Nonprofit Advancement)
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Cost of Employee Turnover Calculator (Nonprofit Leadership Alliance