In this video, I cover all of the basics of succession planning. It’s an important tool for long term sustainability for nonprofit organizations. Contact me and I’ll be happy to help you develop your own organization’s succession plan/
For many small nonprofit boards, hiring a search firm to find their next executive director simply isn’t an option financially. Organizations can do the search themselves, but should involve people in the process who have experience in searches, and to follow best practices. What follows is an overview of the process that will result in the best possible hire on a budget.
There are a million posts out there on how to thank someone who is retiring by buying them a gift. But how meaningful is a plaque or clock after someone has spent decades serving their community as a nonprofit leader? How can you thank someone in a way that really connects to their work and reminds them that they are valued?
The first day for an executive director, or any nonprofit position, sets the tone for their career. It’s a critical part of the entire onboarding process.
There are plenty of ways to do the first day right and make the new hire feel welcomed and excited. Here are some of the basics:
For large nonprofit organizations, a chief financial officer (CFO) is a critical part of the management team. A CFO provides a high level of financial knowledge, and helps the organization understand their finances on a deeper level, as well as create plan strategically for its financial future.
For smaller organizations, this level of knowledge isn’t affordable. Some organizations are able to hire a CFO on a contract basis for a limited number of hours per month, but for many, even that cost is too high. This means the executive director needs to develop their financial knowledge to help the organization thrive.
On your first day as an Executive Director, everyone will have their own ideas of what you should do first. It will be hard to prioritize amongst all the demands on your time. Watch the video below to learn what you should focus on. It all comes down to listening.