Succession Planning in Nonprofit Organizations and Transitioning Millennials Entering Into Leadership Positions

Succession Planning in Nonprofit Organizations and Transitioning Millennials Entering Into Leadership Positions
Author: Kanesha Wingo
Publisher:
Total Pages: 71
Release: 2015
Genre: Generation Y.
ISBN:
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Within the past decade, leadership has changed. The faces of leadership are changing into a new group of leaders with different strategies for leadership. Millennials have entered the workforce and are aged to enter into leadership positions. Millennial leadership will change the culture and operation of the workforce because of the unique way they prefer to operate as employees. Research has found that most millennials are entering the workforce while baby boomers are leaving the workforce and opening leadership and executive positions (Doyle, 2014). It also finds that millennials are the most difficult group of employees to recruit and retain. This can become a challenge when looking for employees to fill executive roles or implement them into succession plans. The need for leadership positions to be filled by competent and qualified employees are essential for all organizations. This need is fulfilled by succession planning. Succession planning is a plan that places a qualified incumbent into a leadership role in the event of succession. The plan would include an analysis based on the needs, goals, and strategies of the organization (HR Planning: Succession planning, 2015). In non-profit organizations the need for succession planning is very important. In small nonprofits with less than 50 employees it is recommended to find talent from within the organization. This allows new leadership to become installed with the same goals and a clear understanding of the mission and vision. An analysis of existing research and of my own qualitative research finds that most nonprofit organizations do not have an effective succession plan in place. It also finds that nonprofits are not prepared for millennial leaders. A face to face interview with a leader at XYZ Corporation finds that there is a method in place in the event of succession. They also mention that there is not a model or policy in place to allow continuity. A survey monkey survey distributed to nonprofit employees finds that many are not aware of what succession planning is or have not heard about it within their organization.

Succession Planning in Nonprofit

Succession Planning in Nonprofit
Author: Amanda N. Gibson
Publisher: Createspace Independent Publishing Platform
Total Pages: 220
Release: 2016-05-07
Genre:
ISBN: 9781533137326
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We found that there is insufficient information published related to the perceptions of nonprofit leaders or stakeholders regarding the value of succession planning. There is a gap in literature on the experiences with the process of succession planning, the barriers encountered during implementation and how nonprofits could best support the development of future leaders not to mention the lack of observation from the "first line" of this field. This book undertakes investigating succession planning, estimating the preparedness of nonprofits to deal with leadership turnover. By examining the involvement of respondents and their companies' level of preparedness for succession, we hope to finally provide a first answer to thee issues. After interviews with six nonprofit leaders, we can draw several conclusions. Leaders in nonprofit are aware of the numerous, various issues they must deal with on a daily basis. Non-profit leaders are capable of articulating what should be the requirements for a successor, and how challenging a transition (especially an unplanned one) can be. Yet why most of them have no written succession plan? Read to find out and stay tuned for the upcoming book exploring even more points of view. Use this invaluable resource for present leaders, their Boards, and anyone thinking about planning for succession.

Who Comes Next?

Who Comes Next?
Author: Meridith Elliott Powell, MBA, CSP
Publisher: Sound Wisdom
Total Pages: 161
Release: 2022-04-19
Genre: Business & Economics
ISBN: 1640953892
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Leaders leave. It’s inevitable. It might even happen today. Are you prepared? Every organization needs a plan for leadership succession, but few leaders know how to start the process. WHO COMES NEXT? solves that problem and easily guides you through the steps of creating a viable succession plan. The book simplifies the process and gives you the tools you need to build and activate your leadership succession. Whether you are part of a small, family business or a Fortune 500 company, you need to start now by answering the question: WHO COMES NEXT? “This book is a comprehensive look at succession planning, but with a refreshing spin that favors the practical over the theoretical. It’s applicable to any industry, and readers will benefit from action items, tools, and resources with every chapter. Succession planning has never been more critical, and this book is a must-read for any professional looking to answer the question, “Who Comes Next?” --Michael Delucchi, President and Chief Elevation Officer, The Elevate Group “Meridith and Mary are my ‘go to’ experts for succession planning, and they’ve created the definitive guide for how to build a strong succession plan. In this book, they break it down, give you a strategy, and deliver everything you need to create leadership depth at every level of your organization.” --Angela Cox Weston, President, Midwest Speakers Bureau “Succession planning goes way beyond the person at the head of the company. Depth on the bench is essential to ensure an organization’s resiliency and contingency planning.” --Eric Holloway, Captain, U.S. Navy (ret)

Succession Planning

Succession Planning
Author: Pamela A. Gordon
Publisher: Springer
Total Pages: 254
Release: 2018-03-07
Genre: Business & Economics
ISBN: 3319725327
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This book examines current research related to succession planning strategies and tactics. The authors compare and contrast the rationale and processes needed for effective and efficient succession planning. This is a comprehensive endeavor exploring succession planning across today’s key disciplines: business, education, and healthcare. Succession planning is examined from the commercial, government, and non-profit lens. The book features active research, broad literature reviews, and examines conceptual frameworks. From this valuable contribution to succession planning research, readers will receive a thorough assessment of the theoretical foundations of succession planning and ethical considerations for sustainable leadership.

Planning for Succession

Planning for Succession
Author: Merianne Liteman
Publisher: Illinois Arts Alliance
Total Pages: 36
Release: 2003
Genre: Business & Economics
ISBN: 9780974110707
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Effective Succession Planning

Effective Succession Planning
Author: William J. Rothwell
Publisher: Amacom
Total Pages: 512
Release: 2015-10-27
Genre: Business & Economics
ISBN: 9780814449158
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Organizations that don't take steps to address future talent needs at all levels will face certain disruptions, and even disasters, when key employees leave. The most comprehensive book on the subject, Effective Succession Planning helps readers: Identify competencies and clarify organizational values * Plan for and quickly fill crucial vacancies at all levels * Develop and retain top talent, building and preserving the organization's intellectual capital * Assess current needs and future resources for seamless succession planning * And more Covering best practices, current trends, and the latest technology, the fifth edition also features new and revised material on: succession planning for small businesses and nonprofits; replacement planning; transition management; downsizing; international issues; mergers and acquisitions as a talent strategy; and succession planning for technical positions as well as roles built on longstanding social relationships. Packed with enlightening case studies and practical guidance, Effective Succession Planning remains an indispensable resource for any organization concerned with retaining the accumulated wisdom of its most valued employees.

Effective Succession Planning

Effective Succession Planning
Author: William Rothwell
Publisher: AMACOM
Total Pages: 491
Release: 2010-04-21
Genre: Business & Economics
ISBN: 0814414176
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William Rothwell honored with the ASTD Distinguished Contribution Award in Workplace Learning and Performance. The definitive guide to a timely and timeless topic-- now fully revised and updated. As baby boomers continue to retire en masse from executive suites, managerial offices, and specialized or technical jobs, the question is—who will take their places? This loss of valuable institutional memory has made it apparent that no organization can afford to be without a strong succession program. Now in its fourth edition, Effective Succession Planning provides the tools organizations need to establish, revitalize, or revise their own succession planning and management (SP&M) programs. The book has been fully updated to address challenges brought on by sea changes such as globalization, recession, technology, and the aftereffects of the terror attacks. It features new sections on identifying and assessing competencies and future needs; management vs. technical succession planning; and ethics and conduct; and new chapters on integrating recruitment and retention strategies with succession planning programs. This edition incorporates the results of two extensive new surveys, and includes a Quick Start guide to help begin immediate implementation as well as a CD-ROM packed with assessments, checklists, customizable guides, and other practical tools.