April 11, 2007 | Read Time: 1 minute
Retiring baby boomers are commonly seen as the source of a major fund-raising windfall for American charities.
But that same generation will also be causing some major leadership problems for most nonprofit groups, writes Jeff Brooks, creative director at marketing consulting firm Merkle|Domain, on Donor Power Blog
“The retirement of an effective leader can be hard on any organization. It can also be a time of renewal and positive change. But there won’t be much good if there’s no plan for succession,” he writes. “This problem is basically invisible. Until it hits, and nonprofits are reeling from a loss of leadership.”
_The Chronicle of Philanthropy produced a special report on succession planning and has been writing about these issues in its Regeneration series.)
Is your organization ready for the retirement of its leaders? If not, are you worried that it will have difficulties finding new leadership? Click on the comments link just below this posting to share your thoughts.
