September 10, 2019
The grantmaking community has a saying, “Once you’ve met one foundation, you’ve met… one foundation.” I think you’ll agree that no two foundations are alike.
I would argue that the same can be said about nonprofits. For example, one education nonprofit is usually vastly different than its peers – different curriculum and different approaches; different client focus and communities served; different business model and financial resources.
Each nonprofit also has different executives with different tenures, leadership styles, and ideas about how their transition will play out.
According to BoardSource, the U.S. leader in nonprofit governance tools and resources, “the type of transition influences the challenges involved and the strategy the board will adopt to manage the process…” Identifying the specific type of transition an organization is experiencing can help staff more effectively understand its nuances, manage the transition’s challenges, and capitalize on its unique opportunities.
BoardSource uses an extensive range of tools, resources, and research data to increase board effectiveness and strengthen organizational impact. The graphic below outlines BoardSource’s five classic examples of leadership transitions. Click through to read more about considerations for each type of transition.
Stay tuned for our next post where Carlyn will share some tips to manage funder relationships during executive transitions.
Join Carlyn and the Elevate team in DC on October 8 for a FREE panel discussion for nonprofit professionals on how to prepare your nonprofit for transition at every level of your organization! This is part of Elevate’s Fall Conversation Series, which is designed to bring nonprofit professionals from the DC region together and provide valuable information about in-demand topics to local nonprofits. Space is limited – save your seat!
Preparing for your nonprofit’s next executive transition? Carlyn is offering Elevate clients a free phone consultation to help plan your next steps – from succession planning to promising recruitment practices. Learn more about her work at www.carlynmaddenconsulting.com.