We are experiencing a ton of turnover in our job market today due to the Baby Boomers retiring and the great resignation surging. Plus, it has become increasingly difficult to recruit individuals for positions, both at the entry-level but also in mid-management and...
“Til Death Do Us Part Inc.” realized that they needed to start doing board succession planning since they would likely be having a ton of turnover in the near future, because their board was getting older. What they didn’t realize was that their board leadership...
You have heard me talk about succession planning many times. And succession planning can mean different things to different people at different organizations. But let me give you three of the most common scenarios when it comes to creating a succession plan. And I’ll...
Having a balanced board is extremely important to the success of your board of directors. Your board of directors needs to be able to function as a whole in order to make decisions. I want to tell you a story about an organization that had a divided board, so much so...
A Ton of Turnover! Currently, there is a ton of turnover occurring in the executive ranks and it will continue into the future. This is mainly due to the “Silver Tsunami” and the “Great Resignation”. The “Silver Tsunami” refers to the baby...