Making your Succession Plan a Success
On this week's episode of IMPACTability®, we are joined by Joshua Borenstein, Art Executive and Yale Lecturer on "Theatre Organizations." We'll look at the value of a proper succession plan and get expert tips on how to achieve the best possible results regardless of the situation. Save yourself from the future headaches with this week's episode of IMPACTability®!
About Joshua Borenstein:
As a teacher, he has been a Lecturer in Theater Management at the David Geffen School of Drama at Yale since 2017. He served at Long Wharf Theatre for 13 years, including eight as its Managing Director, and he guided the organization through three different leadership transitions. Josh was recognized in Connecticut Magazine’s “40 Under 40: Class of 2014.” He is also a graduate of Wesleyan University and Yale University's David Geffen School of Drama.
- Introductions 0:30
- Why succession plans can be "scary" 2:00
- Who should create the plan? 2:30
- Is a succession plan as important as policy? 3:40
- Best practices for making a plan 4:18
- Beware of ego's, stick to missions 6:27
- How often should nonprofits assess their own leadership? 7:20
- Should you have multiple plans? 8:45
- Josh's Interim leadership story 13:00
- Should a nonprofit include interim leadership in their plan? 16:20
- Do interim Leaders have a say in the choice for the next director? 17:29
- How to motivate staff during a surprise leadership change 18:40
- Dealing with the donors 20:58
- Coaches corner 22:59
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