Is the board of directors involved in identifying the competencies that are important for the CEO of the credit union to possess?
Does the credit union have an emergency succession plan?
Does the credit union’s succession plan identify potential successors to the CEO, require an assessment of their skills, and create a development plan for each position?
Does the CEO keep the board informed of the potential successors and the status of their development plans on a regular basis?
Do the board of directors and the CEO work together to develop and update the CEO succession plan for the credit union?
Are potential successor development plans aligned with the strategic needs of the organization?
Do the board members and the CEO clearly understand their roles in the development and review of the CEO succession plan?
During past leadership changes, have the transitions gone smoothly?
Does the board hold the CEO accountable to complete his or her portion of the succession plan?
Is your board upholding its responsibilities regarding CEO succession planning?
Oh No!
It seems like there may be some issues with your CEO succession plan at your credit union! Make sure you watch the full video to get some helpful tips on how you can create a formal CEO Succession plan so your credit union is ready for turnover!
As a reference, you only answered Yes to {number correct} of the 10 questions!
There is Room for Improvement!
It looks like the CEO succession plan at your credit union could be improved. Make sure you watch the full video to get some helpful tips on how you can create a formal CEO Succession plan so your credit union is ready for turnover!
As a reference, you answered Yes to {number correct} of the 10 questions.
Great Job!
Awesome! It seems like your credit union is doing a great job of creating a formal CEO succession plan. You are on the right track to reaching the peak of your board performance!
As a reference, you answered Yes to {number correct} of the 10 questions! That is great!