Knock, Knock. Who’s There?
Summary: The perfect succession plan begins with an intentional process that mirrors a foundation board’s culture and its philanthropic mission. The four-step process involves: (1) assessing governance needs, (2) identifying candidates, (3) preparing successors, (4) gauging success.
Ideally, an open foundation board seat will be filled quickly with a qualified, prepared and eager successor. In reality, the task of succession planning is frequently deferred. Continue Reading »