Management HQ teams up with Meet Minneapolis and Olsen Thielen to Educate Association Execs and Board Leaders on Succession Planning
On December 11, 2014, panelists Dara Rudick, Management HQ CEO, Pat Powers of Olsen Thielen CPAs, and Melvin Tennant of Meet Minneapolis presented to an audience of association leaders, strategies and tactics to ensure association sustainability and continuity with a transition in executive leadership.
Key takeaways included:
- Organizations are relatively unprepared for a change in executive leadership and key staff; a major concern for associations as 75% of baby boomers plan to leave their jobs within five years.
- Succession planning should be focused on an organization’s entire leadership team, not just the top executive.
- Succession planning (or lack thereof) can have far-reaching business implications, including team morale, volunteer engagement, and ability to secure financing and funding.
To request a complimentary Succession Planning consultation for your association, call Kathy at 612-213-2300, or e-mail kathy.choh@management-hq.com.