Succession Planning: The Key To Long-Term Leadership Success

Succession planning has long been an overlooked issue in health care in general, and the behavioral health and social service field specifically, yet it is arguably the industry where succession planning is the most important. According to outplacement firm Challenger, Gray & Christmas’ monthly CEO Turnover Reports, the CEO turnover rate in health care is 50% higher than in any other industry. Nearly 50% of executive leadership – chief executive officers and executive directors – at non-profit human service provider organizations in the United States are 55 or older, and another 15.5% of the reporting organizations report that their top . . .