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Diana Davenport of the Commonwealth Fund examines keys points when considering anticipated vacancies in higher leadership positions and how to prepare in the case in order to avoid seeking to fill such slots in an emergency situation.
That very real possibility is also why Davenport directs to build two plans, the first for just that- an immediate vacancy will need an emergency succession plan. It is then advised always to keep a formal succession plan so as to make a leadership transition smooth.
Ultimately, it is the goal to achieve smooth transitions and prevent chaos: internal candidates, preferably, are prioritized and individually prepared over time frames that coincide with a formal plan and backed with an emergency plan. This kind of planning will keep progress and growth the company's directive.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
When Max and Allen Low were kids, their parents would ask them to spend a few minutes picking up garbage. "This became a habit which continued into adulthood, and we still make time for that...more
Foundation: Whitefish Community Foundation
"Through our collective efforts, we're not just providing financial support, but we're investing in Montana's vitality and resilience." That from Mike Smith, president of Glacier Bank, which...more
Foundation: Community Foundation of Broward
Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more
"It's more than just food and water and shelter, we now know that as a society, we now know that as a society." That's what an Alaska school board member has to say about a bill that would...more
If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more
When Gladys Markus graduated from her accounting course at Nigeria's Plateau State University last year, she had one thing on her mind: Starting a food business. The then-22-year-old had been...more
"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more
"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more
Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more
The Starved Rock Country Community Foundation is asking for donations for its 2024 Spring Appeal, which will fund education, mental health, local history, fine arts, entrepreneurship revitalization,...more
Nonprofit Management News from...
Global Fund for Women
Tides Foundation
Whitefish Community Foundation
Community Foundation of Broward
Rhode Island Foundation
Porter County Community Foundation
Community Foundation of Jackson Hole
Luzerne Foundation
Community Foundation of Western North Carolina
Winona Community Foundation
Social Entrepreneurship
Spotlight
A Bar That Saves Children’s Lives
Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.
