LFG — Leadership. Fundraising. Growth.
Chief Development Officer turnover is inevitable. Succession planning prevents revenue freefall and protects your donor relationships. We design succession strategies that ensure continuity when your CDO departs.
Planning ahead protects your pipeline, team morale and strategic priorities. Waiting until the resignation letter hits is a recipe for drift and often triggers the need for crisis management. The cost of getting it wrong: 50-200% of annual salary for executive replacement (SHRM), and up to 213% (Center for American Progress).
Succession planning is an act of stewardship for your mission and your donors.
CDO Succession Planning: $10,000–$30,000 standalone or integrated into a fractional CDO retainer. Includes risk assessment, succession strategy development, implementation planning, and transition coaching.
Immediately. Given average development director tenure of 16-18 months (CompassPoint, 2013 UnderDeveloped study), organizations should begin succession planning the day a new CDO starts. At minimum, start 12-18 months before an anticipated departure.
That's exactly why crisis management and interim leadership services exist. An interim or fractional CDO can deploy within 48-72 hours to stabilize operations while the succession plan is activated. See our Crisis Management services.
Yes. Only 12.5% of nonprofits have board leadership succession policies (BoardSource). Board fundraising engagement, donor relationships, and institutional knowledge are at risk during board transitions too.
Start your CDO succession plan today and protect your donors, staff and mission from leadership turbulence.
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