Last May, we conducted an online survey of CHHSM CEOs. We wanted to know more about how you would like to gather with your CHHSM colleagues for learning, conversation, guidance, and spiritual renewal. Nearly half of the CEOs who responded said that they wanted to learn more about succession planning.
Why the interest in succession planning? According to Kittleman and Associates, the nation's first executive search firm exclusively serving nonprofit organizations, the number of people in the United States between ages 55 and 64 increased 54% from 1996-2006. During the same time, people from ages 25-34 decreased nearly 9%. A 2004 Annie E. Casey Foundation study showed that nearly 73% of nonprofit CEOs are Baby Boomers, and that 55% are over age 50. Those Baby Boomers are going to leave the nonprofit sector in two waves: the first by 2010 and the second by 2020. More than half of those Baby Boomers are going to leave by 2010.
In response to your desire to learn more about succession planning, we're offering an opportunity for CHHSM CEOs and board chairs to travel early to the 2008 Annual Meeting for a six-hour workshop with Rick King, president of Kittleman & Associates. Plan now for this event, scheduled from March 5 at 1 pm until March 6 at noon at the Omni Charlotte, our annual meeting hotel.
The workshop, designed for CEOs and board chairs, will cover a range of CEO departure scenarios and guide participants through a seven-step process to develop a comprehensive succession plan that addresses each scenario. Each participating organization will receive specialized coaching, and there will be time for informal conversation too; on Wednesday evening, CHHSM Corporate Partner Cain Brothers will host a dinner for participants at Morton's Uptown.
We must limit registration for this workshop to the CEO and board chair or key board leader from twelve CHHSM ministries. Please register early to ensure your spot! Online registration will be available in early November using the link at www.chhsm.org when you also register for the 2008 Annual Meeting. The registration fee is $300/organization.
If you'd like to learn more about this workshop, please email me at sickberb@chhsm.org or call me at 1-866-822-8224 ext. 2253. I look forward to talking with you and seeing you in Charlotte!
Faithfully,
Bryan W. Sickbert
President/CEO
