Ten Thoughts on Retirement/Leadership Transition

 Post by James V. Toscano With one-third of all Executive Directors reporting they will be leaving their positions in the next few years, I advance the following thoughts on retirement, now having retired this month for the third time. 1.    Ensure that the Board of Directors has agreed to a succession policy and plan for top executive leadership well in advance of any announced departure. The Executive Director will probably need to initiate this policy, while board leadership needs then to jump in early and take responsibility. 2.    Always nurture and work hard to develop all internal talent…

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