What You Wish You Knew About Succession Planning

If you haven’t thought about your own succession plan (or the succession plans for some of your long-standing executive team members), consider some statistics brought to my attention earlier this week at The 2019 OPEN MINDS Executive Leadership Retreat.

A total of 1,452 health care CEOs left their posts in 2018, marking the highest number of departures since 2008
Hospital CEO turnover rate is 18% percent, according to a 2019 report by the American College of Healthcare Executives
Nearly 50% of executive leadership at non-profit human service provider organizations are 55 years or older
And according . . .