Date of Conferral
2-28-2024
Date of Award
February 2024
Degree
Doctor of Business Administration (D.B.A.)
School
Business Administration
Advisor
Theresa Neal
Abstract
Leaders who lack succession planning strategies have the potential for adverse business outcomes. CEOs, senior leaders, and key decision makers in nonprofit organizations are concerned with business continuity because critical leadership strategies are essential for the strategic replacement of key personnel. Grounded in the resource-based view theory, the purpose of this qualitative multiple case study was to explore succession planning strategies used in nonprofit organizations to ensure business continuity whenever leaders change. The participants were five leaders from five nonprofit organizations who used succession planning strategies for business continuity whenever leaders changed. Data were collected using semistructured interviews and a review of the organization documents. Through thematic analysis, four themes were identified: (a) developing leaders, (b) board strategy, (c) financial stability, and (d) beyond the organization. A key recommendation is for nonprofit leaders is to adapt and implement a succession planning policy document that entails strategies, exit packages, financial sustainability, and a leadership mindset change. The implications for positive social change include the potential to increase employment opportunities to build and give back to the community.
Recommended Citation
Mukhama, Simon, "Succession Planning Strategies to Ensure Leadership Continuity in Nonprofit Organizations" (2024). Walden Dissertations and Doctoral Studies. 15398.
https://scholarworks.waldenu.edu/dissertations/15398
