|
If you follow professional sports, you know the age-old debate about whether it’s the coach’s system or the star athlete’s ability that most contributes to championships. There’s a parallel in CEO succession. We may like to think that effective succession and transition are largely ensured by following so-called “best practice,” but the pieces in today’s Leadership Weekly suggest otherwise. How the outgoing CEO thinks about the prospect of leaving an organization—and thus behaves towards the succession process—has everything to do with how that process will unfold. The star athlete, for better or worse, may be more impactful than the system around them. Read on!
|
|
|
|
Aparna Anand Joshi, Donald C. Hambrick, and Jiyeon Kang argue that executives and boards (and we’d add the consultants that support them) need to look closely at two outgoing CEO mindsets: a) the CEO’s degree of commitment to developing the next generation of company leadership, and b) the CEO’s degree of need to control the succession process and outcome. In an important wake-up call, they argue that boards of directors can only do so much to counter the influences of an executive with low commitment to future leadership and a high need for process control. Read more...
|
|
|
That many white CEOs conflate their executive position with their community esteem is contributing to delayed and dysfunctional leadership transitions in many nonprofit organizations, according to consultant Mistinguette Smith. In “Nonprofit Leadership at a Crossroads,” she writes, “I often coach rising executives of color who are perplexed by their white predecessor’s reluctance to depart. They assume the barriers to leaving are financial. It is unimaginable to them that retiring executives are struggling with being unable to envision a future in which they are useful and continue to have esteem and relevance.” Read more here…
|
|
SPONSORED CONTENT
Leader of the Pack: Improving Your Nonprofit's Charity Ratings
Charitable organizations are being rated, reviewed, and ranked by charity watchdog organizations who gather information about your organization from Form 990s, annual reports, audited financial statements, and your own website. How does your organization rank? Join YPTC to learn steps on improving your nonprofit’s ratings as well as taking control of the information that is being distributed about your organization.
View it here.
|
|
|
|
This resource is for people of color who have had umpteen calls from search firms looking for “diverse candidates.” Consultant Yolanda Caldera-Durant, formerly of Fund the People, offers three questions to ask a search consultant the next time you get that call. Read them here. Read them here...
|
|
|
|
|
|
|
|
