Monographs


Managing the Transition
Useful Board Guidelines for CEO Succession

by Peter C. Carpino and Howard Berman (bio) (Spring 2011)

While the economic downturn of the past few years may have delayed the timing of the estimated 75 percent of sitting nonprofit executives who had planned to retire by 2011, the core issue remains: there's going to be a "sea change" in nonprofit leadership during the next decade. How will boards deal with this? Will they procrastinate and ignore the inevitable, risking a rushed search with a greater risk of a bad choice--or, worse, an emergency succession? Or will they seize the opportunity presented by the anticipated leave and effectively manage the transition?

Co-authored by Peter C. Carpino, President, United Way of Greater Rochester and Howard Berman, Chair, Center for Community Engagement, this piece lays out guidelines for nonprofit boards to use as they navigate the process of CEO succession. Hiring the chief executive is the board's most significant operating responsibility and getting the transition right is often the key to an agency's survival and growth. With clearly delineated steps for effectively managing the transition, and arguments for why all agencies should have a transition plan, this article is a must-read for all nonprofit boards.

$10.00 - Hard Copy

$8.00 - PDF emailed (usually same day)