Session 3: Securing Strong Board Leadership - A Strategic Approach to Board Chair Succession

The role of the board chair is more demanding and time-consuming than ever, requiring a blend of leadership, governance expertise, and strategic foresight. However, too often, board chair succession is decided based on availability rather than capability. With increasing governance complexity, heightened fiduciary responsibilities, and shifting demographics, boards must prioritize a structured and forward-thinking approach to selecting, preparing, and transitioning their next chair. 

In this engaging session, current board chairs will explore methods for leading a deliberate, strategic succession process. Participants will explore best practices for identifying future board leadership, ensuring a smooth transition, and addressing the evolving demands placed on board chairs today. Through case studies, scenario-based exercises, and structured discussions, board chairs will refine their ability to oversee a seamless and effective transition of board leadership. 

Key Benefits:

• Discuss how to design a structured succession plan that ensures board leadership continuity and prevents last-minute appointments. 
• Review key skills, attributes, and leadership qualities required for today’s complex governance environment. 
• Explore strategies to identify and mentor potential future board chairs from within the board. 
• Tackle concerns around time commitment, fiduciary responsibility, and director reluctance to take on the role. 
• Learn how to effectively onboard a new chair, facilitate knowledge transfer, and manage internal and external stakeholder expectations.