CEO turnover rates in the non-profit sector skyrocketed by 85% from 2022 to 2023, underscoring the rapidly changing landscape. Yet, with 40% of new CEOs failing within their first 18 months, and nearly half of executive transitions faltering, proper preparation is vital.
CEO transitions present numerous challenges, such as diminished staff morale and culture, loss of trust, decreased effectiveness, and negative impacts on donor/funder relationships.
As former CEO of Best Buy, Hubert Joly, put, “While CEO succession is generally recognized as one of the most important keys to the long-term success of any company, the topic isn’t well-researched or documented. In addition, if you’re the CEO and/or owner of your company, you have typically had little to no practice with making a CEO transition.”
This is where we come in. We offer tailored support and guidance to ensure seamless C-Suite leaderships transitions for established charitable and philanthropic organizations.
Our team, composed of seasoned C-Suite executives, specializes in facilitating seamless leadership transitions for established charitable and philanthropic organizations. With extensive experience guiding high-performing non-profits and mid-size philanthropic entities, we collaborate closely with your executive team and board to ensure an effective transition.
Our tailored approach involves one-on-one engagements and facilitated sessions with either the C-Suite team or individual board members. We offer a range of support services, including mentoring, coaching, and strategic guidance, to prepare for transitions and facilitate effective onboarding.
Clients can expect engaged staff and board members, seamless transitions, prepared successors, sustained engagement, and continuity in organizational culture throughout our minimum three-month engagement, characterized by personalized and confidential support.
To kickstart your journey, our blog will provide a series of insights and practical tips to navigate CEO transitions effectively. Whether you\’re currently in the midst of a transition or preparing for one, rest assured, we\’re here to ensure that your transition strengthens your company.