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Elements of a Succession Plan Policy

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Elements of a Succession Plan Policy



 Statement of commitment to prepare for inevitable leadership change.

 Statement of commitment to assess leadership needs before beginning a search.

 Plan to appoint interim leadership to ensure smooth operations and compliance with

contractual obligations.

 Outline of succession procedures including:

o internal management succession to the interim position,

o time frame for making the interim appointment,

o time frame for appointing a board transition committee, and

o roles of the transition committee, e.g., communication with stakeholders, identifying

a transition management consultant, conducting an organizational assessment and

designing the search plan.



Sample Executive Succession Plan Policy



Policy Statement:



A change in executive leadership is inevitable for all organizations and can be a very challenging time.

Therefore, it is the policy of the [ORGANIZATION] to be prepared for an eventual permanent change

in leadership – either planned or unplanned – to insure the stability and accountability of the

organization until such time as new permanent leadership is identified. The board of directors shall be

responsible for implementing this policy and its related procedures.



It is also the policy of the board to assess the permanent leadership needs of the organization to help

insure the selection of a qualified and capable leader who is representative of the community, a good fit

for the organization’s mission, vision, values, goals and objectives, and who has the necessary skills for

the organization. To insure the organization’s operations are not interrupted while the board of

directors assesses the leadership needs and recruits a permanent executive officer, the board will

appoint interim executive leadership as described below. The interim chief executive officer shall

ensure that the organization continues to operate without disruption and that all organizational

commitments previously made are adequately executed, including but not limited to, loans approved,

reports due, contracts, licenses, certifications, memberships, obligations to lenders or investors of the

[ORGANIZATION], and others.



It is also the policy of the [ORGANIZATION], to develop a diverse pool of candidates and consider at

least three finalist candidates for its permanent CEO position. The [ORGANIZATION], shall

implement an external recruitment and selection process, while at the same time encouraging the

professional development and advancement of current employees. The interim CEO and any other

interested internal candidates are encouraged to submit their qualifications for review and consideration

by the transition committee according to the guidelines established for the search and recruitment

process.



Procedures for Succession:



For a temporary change in executive leadership (i.e., illness or leave of absence) refer to the

organization’s Personnel Guidebook. In the event the chief executive officer (CEO) of the

[ORGANIZATION], is no longer able to serve in this position (i.e., leaves the position permanently),

the executive committee of the board of directors shall do the following:



1. Within 5 business days appoint an interim CEO according to the following line of succession:

a. chief operating officer (COO) of [ORGANIZATION]

b. senior vice president of the parent affiliate of the [ORGANIZATION]

c. external consultant (with experience as an interim executive director)

2. Within 15 business days appoint an executive transition committee, in the event that a

permanent change in leadership is required. This committee shall be comprised of at least one

member of the executive committee and two members of the board of directors. It shall be the

responsibility of this committee to implement the following preliminary transition plan:

a. Communicate with key stakeholders regarding actions taken by the board in naming

an interim successor, appointing a transition committee, and implementing the

succession policy. The organization shall maintain a current list of key stakeholders

who must be contacted, such as lenders and investors of the [ORGANIZATION],

foundations, government agencies, and other.

b. Consider the need for consulting assistance (i.e., transition management or executive

search consultant) based on the circumstances of the transition.

c. Review the organization’s business plan and conduct a brief assessment of

organizational strengths, weaknesses, opportunities and threats to identify priority

issues that may need to be addressed during the transition process and to identify

attributes and characteristics that are important to consider in the selection of the next

permanent leader.

d. Establish a time frame and plan for the recruitment and selection process.

e. Refer to the CEO Hiring Policy and Procedures in the Personnel Guidebook for

additional procedures.



The board should use similar procedures in case of an executive transition that simultaneously involves

the chief executive officer and other key management. In such instance, the board may also consider

temporarily subcontracting some of the organizational functions from trained consultant or other

organizations.

Emergency Succession Planning: A Tool

for Preparing for the Executive Director's

Absence

ACKNOWLEDGEMENT: The model for emergency succession planning described in

this case was initially developed by Tim Wolfred for use with clients of Executive

Transition at CompassPoint Nonprofit Services in San Francisco.





Setting the Context



The following case study is based on the current experiences of

a large, complex community development organization, which we will call Success

Development. Success Development is currently being led by its founder and

executive of 25 years. It has grown during these 25 years from a two-person

organization to an organization with a budget of over $5.5 million that owns

several housing projects. It is a well-respected, effective organization.



The founder, whom we will call Gus, is close to 60 years old. He is concerned

about what might happen to the organization should he become ill or when he

decides to retire. About a year ago, he witnessed another strong, vital

organization struggle when its executive director left. Both the infighting among

staff and board and the leadership and management vacuum apparent in this

other organization heightened Gus' concerns. He noted several lessons from his

reflections on the other organization’s struggles. First, additional funding would

have helped the organization through the difficult transition to a new executive

director. Second, the board and staff needed a plan--some guidance--about what

to do when the executive was gone. Third, middle level management in the

organization needed to have a clear understanding of the key management

functions of the executive director, and further, they should have had some

training in these functions so that they could temporarily take over the operation

of the organization.



An organizational development and executive transition consultant in

collaboration with Gus suggested that an emergency succession plan might be a

good way to prepare an organization for absences of the executive without

necessarily suggesting that retirement or other absences were being planned.

Further the emergency succession plan might be a way to address all of the

issues Gus was raising. On the other hand, there was still a concern about how

the idea of emergency succession planning would be perceived by the board and

staff. As Gus asked, "Would they 'read into it' that some actual succession was

imminent or unstated." In order to help address this concern, Gus and the

consultant emphasized the importance of clarifying authority and decision-making

in the event of an unplanned absence, which is the fundamental purpose of an

emergency succession plan, to provide guidance about the unplanned absences

as outlined in right hand column of the following matrix.



Planned---------------------------Unplanned

Short Term Planned short term Unplanned short term

(sabbatical) (illness, accident)

Planned long term Unplanned long term

(disability, accident,

illness)









Long Term

What is an Emergency Succession Plan?



An emergency succession plan "ensures the continuous coverage of executive

duties critical to the ongoing operations of an organization and its services to its

clients" by outlining “policies and procedures for the temporary appointment of an

acting executive director."



There are several key components to an emergency succession plan. The plan

identifies the priority functions of the executive director of that organization.

These functions include general functions that are likely to be true for any

executive acting as the organization’s principal leader, representative and

spokesperson, and specific functions, which are unique to the particular

organization.



Second, the plan identifies what will happen in the event of a short- or long-term

absence of the director. This includes notification of the board of directors or

executive committee of the board, the process that the board of directors or

executive committee of the board begins once they are notified, the

compensation and authority of an acting executive, and provisions for hiring

assistance for longer term absences or instituting a transition and search

committee in the event of a permanent absence.



Third, the plan identifies several staff members (up to 3) who can be appointed

as acting executive director by the executive committee of the board. For

example, a deputy director may be the first choice of the executive committee,

the program director may be the second choice and the finance director may be

the third choice or the executive committee may choose to split functions among

these staff.



Fourth, the plan includes provisions for cross training those staff people who may

be appointed to acting executive director in the priority functions of the

executive. Planning for cross training and implementing the training should begin

as soon as the plan is adopted by the board. The plan may also identify those

responsible for planning and implementing cross training.



Fifth, the succession plan highlights the importance of communication with

external supporters in the event that this plan is activated. Specifically, it

identifies categories of supporters such as government contract officers,

foundation program officers, civic leaders and major donors who should be

personally notified by the board and acting executive as soon as possible.



Creating and Adopting an Emergency Succession Plan



In this case, an executive transition and organizational development consultant

met with the board and the executive committee of the board. The consultant

suggested that emergency succession planning was a best practice that they

should consider. In addition, the consultant and Gus began educating the board

about how Gus spends his time, providing a more detailed view of his daily

activities than the board had previously had. The board also began thinking

about updating their strategic plan and how functions of the executive director

might change over time.



Next, Gus, the consultant, and the deputy director drafted the emergency

succession plan for review by the executive committee. Once the executive

committee was comfortable, they approved the plan and sent it to the full board

for approval.

The plan was formally approved by the board and became part of the

organization’s policies and procedures.



Immediate/Short-Term Benefits of the Process



In this case, engaging the executive committee of the board and lead

management staff in conversations about emergency succession had several

immediate benefits. The executive committee began thinking about what they

might need in an executive in the future. This thinking about the future

energized the committee and allowed them to be creative about the future needs

and direction of the organization without the fear that a transition was imminent.

Another benefit was that the management staff of the organization indicated they

would have greater confidence in their own ability to take on executive functions

once the cross training began.



Challenges



Currently, the primary challenge to Gus' organization is implementing the cross

training plan and beginning a strategic planning process which will take into

account the potential absence of the executive director.



In terms of cross training, Gus has noted "the challenge of creating and

sustaining formal processes to institutionalize knowledge in the organization. For

'founding' executives like me, it is important that the organization value an

executive spending time to doing things that help in this institutionalization, such

as writing about history, doing more teaching, recording oral histories about

issues, etc. This is not easy to do--spending time and energy on the 'past'--when

there is so much to do for the present."



A personal challenge for the founding executive includes coming to terms with

circumstances in which he would need to let go of the organization and beginning

to explore what "letting go" might look like. Finally, there is a challenge that staff

are already overwhelmed with work and cross training is an important but

seemingly not urgent need. As such, it often gets pushed aside.



Conclusion



Despite these challenges, Gus says, "the notion of planning for 'emergencies' may

be a good way for nonprofits to force ourselves to deal seriously with unplanned

absence/loss of key staff. After all, we have insurance to cover unplanned

emergencies that affect our properties and assets. We have procedures describing

what to do in case of natural emergencies--earthquakes and fires, etc. We should

at least have systems and plans in place to deal with unplanned absences of key

staff."



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