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Five Steps to Nonprofit Board Succession Planning
Your board members are a vital part of your team and it is important to build an effective board. Organizations often focus time and resources on board training and engagement strategies for current board members. While this is recommended, an often overlooked component is planning for board members transitions.
Does your organization have and utilize a succession plan to prepare for inevitable board turnover? Having a plan will make board member departures smooth transitions instead of emergency situations. According to a Bloomerang survey, only 16% of 600 nonprofit organizations surveyed are regularly utilizing succession plans throughout the year. Learn how your organization can begin developing a plan or improve your current process to support organization stability, capture institutional knowledge, and develop future leaders.
You are ready to implement your plan and on the path to successful board member transitions! Remember to evaluate and solicit feedback to evolve the process to work best for your organization. Stay tuned for our next post as we provide a more in-depth guide to creating a successful board succession planning program.
Does your organization need help with succession planning?
Contact The INS Group today to learn how we can help!