What Role Should Directors Play in Over-viewing Nonprofit Management/Staff Talent?
Nonprofit boards rarely develop an in-depth strategy for assessing its organization’s human capitol. Some will keep informal tabs on the CEO’s direct reports to prepare for the possibility of his/her sudden departure or is incapacitated. Others –smaller organizations with fewer than 20 employees—need only a basic plan for such an occurrence.
Need for Strategy: In my view, maintaining a viable talent strategy to assess staff and management personnel is a board responsibility, albeit one that is often ignored. The latter stems from the constant turnover of nonprofit directors whose median term of service is 4 years—hardly a lifetime commitment. Like for-profit directors whose focus is on quarterly earning results, their nonprofit counterparts are more interested in resolving current problems than in building sufficient bench strength for the organization’s long-term sustainability. (more…)