Hosted by Raffa Investments, join Vault for an insightful webinar focused on helping nonprofits prepare for the impending wave of Baby Boomer retirements, often referred to as the “silver tsunami“. With approximately 30 million Americans set to turn 65 between 2024 and 2030, organizations face the risk of losing valuable institutional knowledge and network connections.
This session will explore proactive succession planning and knowledge transfer strategies essential for nonprofits to maintain their expertise and effectiveness in the face of this demographic shift.
Key Takeaways:
- Understand the impact of the “silver tsunami” on nonprofits and the importance of proactive succession planning.
- Learn practical strategies for documenting and preserving institutional knowledge using multiple media approaches.
- Discover how to develop internal talent and create advisory roles to ensure smooth leadership transitions.
- Gain insights on initiating sensitive conversations about succession and retirement with your team.
- Explore methods for celebrating retiring staff members while preparing for organizational changes.
This webinar is essential for nonprofit leaders, HR professionals, and board members looking to future-proof their organizations against the challenges of a retiring workforce. Don’t miss this opportunity to equip your nonprofit with the tools and strategies needed to thrive in the face of demographic change!
Speaker:
Vault’s head of HR, Kendra Janevski, will guide you through four key strategies for nonprofit succession planning, including methods for preserving institutional knowledge, updating business continuity plans, developing internal staff, and creating advisory roles for transitioning leaders.