Board Succession - Planning for Your Success
Karen Houston-Johnson, CU Resources, Inc.
Your Board of Directors is an essential component in the equation for success at your organization. You plan the strategic direction of your organization and the succession of your CEO, but do you plan for the succession of board members? This is a very new area for most boards. Not a lot of them have developed formal plans for board member succession.
This session will:
Answer your questions regarding the importance of having a succession plan for board members and how to do it while maintaining the integrity of your election process.
Discuss the challenges that other credit unions have experienced due to a lack of succession planning.
Learn about the three phases of board contribution – learning, lifting, and leaving, and where your board fits on the Contribution Curve.
Describe what a competency is and how you determine which competencies you should be looking for on your board.
Reveal a unique option for board member succession successfully used by some of your organization peers.
Discuss the role of the Nominating Committee, and what an effective vetting process looks like.
Share with you a brief board self-assessment that will help determine where your board needs to concentrate its efforts when it comes to succession planning.
Answer any questions you have about board member succession planning.
About Karen Houston-Johnson
Karen has worked in the Credit Union Industry for 35+ years and was with EECU in Fort Worth for 22 years. She formed her own consulting company in 1996 serving CUs throughout the U.S. and abroad and joined Credit Union Resources in 2003 as Regional VP. She graduated from Southwest CUNA School in 1987 as an Honor Student, served on the SCMS faculty for five years, and was honored as an SCMS Alumnus of the Year in 1996.
Effective January 1, 2006, Karen was appointed Vice President of OnBalance, a department of Credit Union Resources (a wholly owned subsidiary of the Cornerstone Credit Union League) that specializes in strategic planning, training and consulting for Credit Unions and the Credit Union Industry
Her expertise includes Management, Operations, Human Resources, Corporate Strategic Planning, Leadership Development and Professional Coaching, Teamwork and Training.