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8/21/13: Successfully Navigating a CFO Transition
August 21 @ 1:00 pm - 2:00 pm
Panic. That’s the sound often heard in the voice of a nonprofit CEO when their Chief Financial Officer leaves, no matter the circumstances. Timing is rarely perfect.
Recruiting the right financial management partner is critical. Make a mistake and the negative consequences will quickly spread throughout your organization and beyond, damaging credibility, relationships and, in worst-case scenarios, your ability to retain key staff and obtain or maintain funding.
Ben Franklin had it right when he said, “If you fail to plan, you plan to fail.” Thinking through all aspects of a CFO transition before you begin your recruiting efforts will improve the likelihood of a successful outcome.
- The first actions you should take in the event of a CFO resignation or termination
- How to plan effectively for your CFO transition
- How to determine the skills, traits and experience your next CFO needs in order to be successful
- How to objectively assess your CFO candidates’ skills and cultural fit
|Pam Williams and Marci Moore, co-founders of Nonprofit Finance Pros, began their careers as nonprofit CFOs. After leading their respective organizations through significant financial crises, they joined forces and founded Nonprofit Finance Pros to help other nonprofits successfully navigate financial transitions. For the past 17 years, Nonprofit Finance Pros has provided CFO search & financial transition services for their nonprofit clients around the country. They are committed to helping organizations find their CFO Superhero – not just the person who is most talented, but who is also the best fit for an organization’s unique culture and mission. They consider themselves matchmakers, connecting great nonprofits with passionate, brilliant financial professionals.|
|Nonprofit Finance Pros helps your nonprofit organization successfully navigate financial transitions by:
• Recruiting experienced, knowledgeable financial leaders,
By doing so, our goal is to maximize the positive impact of the mission-driven, high-performance organizations we serve.