July 19, 2023 - Community economic development organizations gained tips and strategies for planning their long-term sustainability during the Initiative’s two most recent webinars June 20 and July 17.
“Executive Transition Planning: How to Get Started with Your Staff and Board” featured Jeanne Allen, a consultant and instructor with the Duke Nonprofit Management Program.
Allen told participants that a succession plan can increase a nonprofit’s sustainability, provide a roadmap for success, help manage risk and reduce anxieties. She shared tips and concrete steps that an organization can take to begin its succession planning process. The June 20 webinar covered:
- The types of leadership transitions and the role that a succession plan plays
- Questions to raise with board, staff and stakeholders
- Mistakes to avoid during a leadership transition
- The components of a succession plan and elements of a successful leadership transition
The presentation slides can be viewed online at http://ncinitiative.org/resourcecenter#leaddev.
“Developing a Real Estate Plan: Why You Don’t Want to Move Forward without It” was led by Keith Timko, director of Build with Purpose.
Timko told participants that there are many real estate opportunities for community development nonprofits and provided a guide for creating a solid real estate plan. The July 17 webinar covered:
- The challenges and benefits for nonprofits in real estate development
- The steps to developing a real estate plan, including assessment of needs, budget preparation and analysis, project identification and analysis, and organizational readiness assessment
- Critical questions that a nonprofit should ask during the planning process
- A sample real estate development case study illustrating the analysis process
The presentation slides can be viewed online at http://ncinitiative.org/resourcecenter#realestate.
The webinars are part of a series of monthly training opportunities offered free to the public as part of the Initiative’s expanded technical assistance program. Initiative training webinars and workshops are designed to help community economic development practitioners implement strategic business plans and increase their impact in the communities they serve.
Topics for the Initiative’s monthly trainings come from the needs and performance issues identified by partners as well as state and national trends and best practices in community economic development. Visit www.ncinitiative.org/TAcalendar for workshop details.
For more information on the Initiative’s technical assistance program, visit www.ncinitiative.org/innovation/technicalassistance or contact LaVett Saddler at (919) 835-6015 or lsaddler@ncinitiative.org.
The N.C. Community Development Initiative leads North Carolina’s collaborative community economic development effort, driving innovation, investment and action to create prosperous, sustainable communities. For more information, visit www.ncinitiative.org.