Building a Strong Foundation: How a Non-Profit Founder Prepared for Succession with Michael Brosowski
Are you a non-profit founder who is beginning to think about planning your exit strategy? Then, this episode of our podcast is a must-listen for you! Our guest, Michael Brosowski, shares his experience of preparing his non-profit organization, Blue Dragon, for his departure from the CEO role.
Michael highlights the importance of leaving a legacy and setting up an organization for long-term success, rather than just leaving for personal reasons. He also shares his personal experience of trying to leave in 2015 and how it didn’t go as planned. Michael shares the lessons he learned from that experience and why having a transition plan is essential.
One of the key takeaways from this episode is the importance of having a clear framework, succession plans, and documentation in place to ensure a smooth transition. Michael also emphasizes the need to foster a strong organizational culture and shared ownership within the organization.
Through his experience, Michael has learned the importance of taking the time to prepare for a successful transition. He discusses the steps he took to prepare Blue Dragon, including developing culture, succession plans, and guiding documents, creating a co-CEO role, and finally, stepping out of his co-CEO role to take on a non-management position.
If you are a non-profit founder who wants to set up your organization for long-term success and sustainability, then this episode is a must-listen. Tune in to hear Michael Brosowski’s valuable insights on leaving a legacy and setting up an organization for success.