Exits From the Top Episode #7 – Getting Started with Succession Planning

Welcome to Episode #7 of Exits From The Top. This is a brief how-to episode on the essentials of executive succession planning. Here’s what we will cover:

  • Two simple to implement but powerful tools called “Succession Essentials” that can get you started with succession planning.
  • How Succession Essentials can help you build the transition competency of your board and executive team. (AND, you don’t have to disclose that you’re leaving or even thinking about leaving.)
  • A step-by-step process for putting Succession Essentials in place.

This week’s topic is getting started with executive succession planning and how it links up with your exit strategy. Perhaps you created a New Year’s resolution for yourself to start planning your exit strategy from your current role. What we’re going to cover in this episode will go a long way to helping you fulfill that resolution.

For many executives it can be a challenge to figure out how to start preparing your organization for your eventual transition out of the CEO role. And it’s especially challenging if you aren’t ready to disclose your departure plans to your board of directors or your staff team just yet. In this week’s episode we’re going to talk about two simple succession planning tools that not only will help you get the planning process started, but will help you begin to build the transition competency of your board and your senior management team. AND do it in a way that doesn’t force you to disclose your departure timetable. In fact, you can put these tools in place without even having a specific departure date in mind.

A lot of what we will be talking about today is focused on two planning documents that will be
useful for you to have at hand as you watch or listen to this episode. You can grab copies of
those documents – for free – by clicking on the “Guides & Templates” link farther down on this page.

Watch the Video

Resources Mentioned

Guide & Templates [PDF]

Other Succession Planning Resources

Guidebook: Building Leaderful Organizations: Succession Planning for Nonprofits (Annie E. Casey Foundation & CompassPoint)

Article: Leadership Succession Planning (Bridgespan Group)

Guidebook: Nonprofit Succession Planning Toolkit (Federal Reserve Bank of Kansas City)

Article: Planning for Leadership Emergencies in Nonprofits (Nonprofit Quarterly)

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