Each day 11,000 Americans turn 65. Additionally, the majority of nonprofit EDs/CEOs are 50 or older and more than half of nonprofit leaders are expecting to leave their jobs within the next five years. Yet, less than 30% of nonprofits have a succession plan in place in anticipation of these changes. Ready or not, leadership transition and succession are a part of the new normal for nonprofits.
The good news is that preparing for these changes is not rocket science! You and your organization are probably more prepared than you realize, and getting fully prepared requires common sense, a few tools, and some support.