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Every nonprofit needs an executive search plan. Even if you aren\u2019t facing an imminent vacancy, your organization is smart to prepare for what can be a long process. In fact, executive searches generally take several months \u2014 even if you end up hiring someone already known to your nonprofit. So make plans now.<\/p>\n
Focusing energy<\/strong><\/p>\n Start by forming a search team made up of board members. Even if your current executive director isn\u2019t leaving, the existence of a committee enables members to stay abreast of compensation trends and be on the lookout for potential successors to current executives.<\/p>\n One of your team\u2019s objectives is to determine whether you\u2019ll want to hire an executive search firm. The decision will hinge on many factors, including the position\u2019s complexity and responsibility level. But before outsourcing a search, you\u2019ll want to look around. The best person for the job may be a current board member, employee or volunteer.<\/p>\n What\u2019s important?<\/strong><\/p>\n To ensure the team will be ready to act when necessary, keep comprehensive, up-to-date job descriptions for key executive positions. They should detail the knowledge, skills, abilities and attitudes required. Your organization\u2019s strategic goals should also be integrated into the descriptions. As part of ongoing succession planning efforts, your search team needs to periodically re-evaluate these descriptions. If, for example, your nonprofit is moving in a new direction, your next leader might need a different set of skills and experiences.<\/p>\n Also, think about how you\u2019ll conduct the executive interview process. Who will be involved? What format will you use (such as one-on-one or group interviews)? Also prepare some thoughtful questions that reflect your organization\u2019s needs and culture.<\/p>\n Different compensation philosophies<\/strong><\/p>\n Although you may not be ready to discuss specific numbers, your nonprofit\u2019s board and the search team should discuss and arrive at a common philosophy about compensation. Factors that influence compensation decisions include:<\/p>\n Consider whether your goal is to compensate in line with similar regional or national organizations, or with similar positions in the for-profit sector. Also, determine whether compensation will be fixed or have a variable pay component, such as bonuses or incentive pay.<\/p>\n Make it effective<\/strong><\/p>\n Hiring the right executive is too important to leave until you\u2019re under the gun. With a written plan, you can rest assured your organization is ready to conduct an effective search \u2014 whenever it becomes necessary. Contact us for more information.<\/p>\n \u00a9 2020<\/em><\/p>\n <\/body> Every nonprofit needs an executive search plan. Even if you aren\u2019t facing an imminent vacancy, your organization is smart to prepare for what can be a long process. In fact, executive searches generally take several months \u2014 even if you end up hiring someone already known to your nonprofit. So make plans now. Focusing energy […]<\/p>\n","protected":false},"author":3,"featured_media":14623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-14624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nonprofits"],"_links":{"self":[{"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/posts\/14624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/comments?post=14624"}],"version-history":[{"count":0,"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/posts\/14624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/media?parent=14624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/categories?post=14624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sfw.cpa\/news-and-guides\/wp-json\/wp\/v2\/tags?post=14624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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