Are Nonprofits Becoming Less Prepared? New Report Believes So.

“Every day, 10,000 Baby Boomers are reaching retirement age, necessitating new leaders to take their place; CEOs are coming to nonprofit positions without all the experiences needed to successfully run their organization”

Are Nonprofits Becoming Less Prepared? New Report Believes So.

In a recent online article by Forbes written by Ian Altman shared “the latest research from Concord Leadership Group shows that there is a huge gap between top-performing nonprofit organizations and the rest. Some might be flying by the seat of their pants. Roughly half of all of the more than 1,000 respondents reported that their organization either does not have a strategic plan, or if they claim there is one, they admit it is not in writing. They may also not be planning for the future. With baby boomers nearing retirement age, the report shows that “Seventy-seven percent (77%) of nonprofits in the survey [lack] a leadership transition plan.” A hope and a prayer may not be a good strategy for future success.

The Concord Leadership Group report is free, and sites some additional very compelling information including:  “Every day, 10,000 Baby Boomers are reaching retirement age, necessitating new leaders to take their place; CEOs are coming to nonprofit positions without all the experiences needed to successfully run their organization. They’re especially caught off guard by the need to fundraise; Board members are increasingly micromanaging the executive directors they hire. There are even increasingly alarming reports of boards bullying nonprofit CEOs.”

For more information or to obtain the free report please see: http://concordleadershipgroup.com/approach/research/

And or to read more at Forbes.com please see:

http://www.forbes.com/sites/ianaltman/2016/03/20/half-of-nonprofits-are-setup-to-fail-how-about-your-favorite/#1361386916e6

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