Learn How to Create an Effective Board Succession Plan
Have you defined the competencies you would like your board members to possess? Do you know when current board members might be thinking about leaving the board? Do you have a list of potential board members?
If you can’t answer “yes” to all of these questions, you are leaving your board succession to chance.
According to a Pew Research Center Report, the first Baby Boomers turned 65 on January 1, 2011. And for each day after that, and until 2030, 10,000 people will turn 65. Twenty-six percent of our population are Baby Boomers.
These Baby Boomers will not only be retiring from their jobs, but those who serve on boards may be considering retiring from their board positions. It’s important for organizations to be aware of potential board turnover and have a plan for director recruitment in place.
NWCUA’s Strategic Link partner, Yvonne Evers, can help you prepare for this inevitable turnover.
Evers is the founder and CEO of SUCCESSIONapp, LLC, a provider of online succession planning solutions, as well as executive coaching and board governance facilitation and training in the credit union industry. She has successfully worked with hundreds of credit unions over the past 25 years, offering her expertise to CEOs and boards to help them ensure smooth and successful transitions.
Join Evers for a free live webinar on Wednesday, Oct. 4, at 1 p.m. central time, where you will have the opportunity to ask questions about your board succession plan. During the webinar, she will explain:
- What can happen when you don’t have a board succession plan
- Where your board may be unbalanced in terms of the director contribution curve
- How to easily create a Board Succession Plan that enables you to:
- have a board that embodies all of your critical competencies;
- always have qualified candidates available for service on the board; and
- have a seamless transition when director openings occur.
In addition, Evers will share how your organization can put a Board Succession Plan in place without a lot of overwhelm and expense.
If you don’t have a Board Succession Plan, have a Board Succession Plan that doesn’t seem to be working effectively, or are just curious to see if your Board Succession Plan measures up, you don’t want to miss this event.
Click here to register. Can’t make the call? Register anyway to get access to the recording.
Questions about this Strategic Link partnership? Contact Kaitlin Ramos, NWCUA’s Strategic Partnerships Manager, at [email protected] or 503.350.2208.