Tuesday, August 30, 2016
If retirement is on your horizon, when do you inform your association’s board of directors.
Since Boomers represent a vast number of association CEOs, this is a major issue facing associations and nonprofits.
I've been on all sides of this issue: as a volunteer when a CEO left; as a CEO who left; as a retiring Association Management Company (AMC) owner and most recently as a search consultant who helped a small, national association find a new executive team.
Recently, an association CEO raised the timing and transition question on ASAE’s Collaborate. She began by telling us that she notified her board that she would be retiring in June 2019. Thus a three-year notice.
What do you think? Are you nearing retirement? When do you plan to inform your board and staff?
Here are 5 suggestions for anyone looking at "giving notice" to retire:
Sunday, August 7, 2016
At one association where I worked, we “hung” photos of all the past presidents on a hallway wall.
No big deal, right?
Well, perhaps this recognition of service was more meaningful than I realized.
While at Ohio State, I had the opportunity to be part of the initial varsity ice hockey team. While I was a marginal player, I played every game for three years. Then, upon leaving Columbus, I disappeared and only occasionally had contact with the hockey program and former players; mainly at the 25th and 50th reunions.
Then, a Facebook post last week gave me a thrill that few get.
Ohio State created a “tradition wall” in the hockey locker room. They put a “brick” for every person that ever played hockey at Ohio State. And, there, on the bottom row, was my brick – with my name on it. There among all the other OSU players. Wow! (You can see it in the photo above ... just about the “N” in Tradition.
This tradition created a latent, awesome feeling that I didn’t know was in me.
And, now, I realize how important it is for associations to recognize their members (and donors). A plaque. A brick in the sidewalk. A photo on the wall. Perhaps a “symbolic brick” on your association’s website?
It doesn’t cost you much but the rewards to you are priceless!