These are stressful times for executives of health and human service organizationsāmargin compression, workforce shifts, integrated care and value-based reimbursement, the need for scale, the promise of technologyāthe list goes on and on. Itās no wonder that c-suite executive turnover is highāaround 20% annually (see Understanding The Surge In Executive Turnover). Health care CEO turnoverā¦
Succession planning is in a bad way. Even though hiring chief executive officers (CEOs) is among the most crucial responsibilities of a board, a recent survey of non-profit boards found that only 29% have a written CEO succession plan in place (see BoardSource Index Of Nonprofit Board Practices). There are two types of executive departures: planned departuresā¦
Itās one thing to have a framework for chief executive officer (CEO) succession and quite another to make it work in practice. We recently sat down with Jamie Stewart, Chief Executive Officer at Grafton Integrated Health Network (Grafton), to discuss succession planning. Mr. Stewart is in year one of his five-year succession plan for helpingā¦