Solving Your Succession Crisis: Are You Ready?

By Rashmi Biswas MSc

Article Excerpt:

It is well-documented that nonprofit organizations face a significant leadership transition over the next four years (Capacity Canada, CharityVillage, Imagine Canada). Retirements, burnout, and sheer demographics all point to the risks of failing to develop, support, and even find the next generation of leaders to run the approximately 85,000 nonprofit Canadian agencies (CRA). While larger nonprofit organizations appear to be better prepared for this reality (Carleton University), the succession planning crisis persists as demand for services continues to grow alongside the increasing challenge of attracting, and retaining available talent.