Board Succession Planning Template
Succession planning of a Board is important to ensure an adequate and appropriate mix of gender, skills, characteristics and experience of Directors. The Board Succession Planning Template offers the opportunity to assess your current Board composition, identify any characteristics that may be missing and understand what skills and experience are required to allow your Board to operate more effectively both now, and in the future.
Boards are often reluctant to embrace a succession planning program, and it can be a challenge getting them to even think about planning for Director retirement. Having an objectively based approach to Board Succession Planning is essential for both the risk and human resource management of your organisation.
This template offers substantial support in conducting your Board's succession planning. Once introduced, it provides an ongoing process to manage the Board's renewal over many years. It is the best way to ensure your Board is relevant and capable of adding value.
Succession Planning | Board Succession Planning Template | Not For Profit Publications