Changing the Leader and Leading the Change: Elements of Successful Not-for-Profit Leadership Transitions
No one stays in a job forever. And most people would agree that it’s probably a good thing they don’t. In North America, like many areas across the globe, the median age of CEOs of the largest companies has risen over the last 10 years. Within Canada’s Not-for-Profit (NFP) sector, retirements and leadership transitions are on the rise. Given that the non-profit sector in Canada currently accounts for $169.2 billion or 8.5% of the country’s annual GDP, changes within the sector can have considerable economic impact. Ready or not, here change comes.