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AVOID THE ‘ACCIDENTAL INTERIM’ EXECUTIVE TRANSITION

AVOID THE ‘ACCIDENTAL INTERIM’ EXECUTIVE TRANSITION

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Page 1: AVOID THE ‘ACCIDENTAL INTERIM’ EXECUTIVE TRANSITION

AVO I D T H E ‘ AC C I D E N TA L I N T E R I M ’

EXECUTIVE TRANSITION

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SEEK CONFERENCE

• September 22, 2015• Presented by:

Marina KeersExecutive DirectorHendricks County Senior [email protected]

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OBJECTIVES

• To reduce feelings of isolation for new Executive Directors.

• To increase the confidence of new Executive Directors.

• To help retirement-ready Directors and Board Members plan for success.

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OVERVIEW

I. The reality faced by a new Executive Director

II. Why does failure happen?

III. Planning for success

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REALITY

• Average Executive Director tenure is 18 months.

• Average Fortune 500 Manager tenure is 4 years.

• The failure rate for new leaders who enter an organization from the outside is 40-50%.

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REALITY

New Executive Directors must often overcome the:

• Lack of transparency.

• Lack of trust.

• Lack of support.

• Lack of a succession plan.

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WHY DOES FAILURE HAPPEN?

Misdiagnosis of the current position:1. Start up2. Turnaround3. Realignment4. Sustaining success

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WHY DOES FAILURE HAPPEN?

Inability to build partnerships or coalitions OR Internal/external hostilities • Distrust from staff or a slighted internal candidate • External hostility • Internal hostility from clients and members• Political pressure • ED isn’t able to form a professional network of

support

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WHY DOES FAILURE HAPPEN?

Challenges of the ED and BOD:• Executive Director (vicious cycles that compound

challenges)

• Board of Directors (fear, distrust, confusion, misplaced loyalty, misunderstood board roles ─ care, loyalty, obedience)

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DISCUSSION QUESTION

Tell your neighbor:

• How do you diagnose the current position of your agency/Center?

• How does that impact your decisions?

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PLANNING FOR SUCCESS

What the board should be doing today:• Evaluate your Executive Director based upon a

current job description.• Work within a strong strategic plan.• Build a strong, effective BOD (appropriate

roles/responsibilities and fiduciary control).• Plan meaningful ways to honor and say goodbye

to the former Executive Director.

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PLANNING FOR SUCCESS

What an exiting ED should be doing:• Document the day-to-day “stuff” (passwords,

grant contacts, human resource decisions).• Share information with staff and board. • Prepare the team to understand change is

inevitable and okay. • Document! Document! Document!• Plan to occupy your time with things you enjoy.

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DISCUSSION QUESTION

Tell your neighbor:

• How are you preparing for your successor success?

OR• What did your successor do that you appreciated

the most?

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PLANNING FOR SUCCESS

What a new Executive Director should be doing: • Accept that you won’t always like your new job

and that you new job isn’t what you thought it would be.

• Accept that your staff believes you are fully trained/informed and up to speed after three months. Recognize that they will stop telling you important information unless you ask for it.

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PLANNING FOR SUCCESS

What a new Executive Director should be doing: • Understand the Principle of the Breakeven Point.

• Create “virtuous cycles” and avoid getting caught in vicious cycles that damage credibility:

1. Confront bad behavior.2. Build rapport with your BOD.3. Don’t let your staff or BOD undermine your

leadership.4. Clearly define roles and reality. 5. Don’t retreat to your strengths.

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PLANNING FOR SUCCESS

What a new Executive Director should be doing:

• Remember: The leader is killed from below!

• Accept that senior serving agencies are all engaged in a turnaround or realignment. The demographic changes are too dramatic in our field to hope for sustaining success.

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DISCUSSION QUESTION

Tell your neighbor:

• What was the best decision you made between days 1-90?

• Looking back, what would you do differently?

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CONTACT

I would love to hear about your successes and challenges!

Marina Keers, [email protected]

Thank you!