achieve multi-generational boards

28
Sponsored by: A Service Of: A Place for All Ages: Why and How to Achieve Multi-Generational Boards Sherri Petro

Upload: 4goodorg

Post on 16-Jan-2015

884 views

Category:

Business


0 download

DESCRIPTION

The BoardSource 2010 Index on Nonprofit Governance found that only 27% of board members are under age 50. Including multiple generations on your board introduces new perspectives and lively dialogue. It helps create a vibrant, diverse, and healthy nonprofit and sustain the sector. Many boards, however, do not include emerging generations when recruiting nor appreciate them when they join. We will investigate why, propose how to leverage all & share what can you expect from your efforts.

TRANSCRIPT

Page 1: Achieve Multi-Generational Boards

Sponsored by:A Service

Of:

A Place for All Ages: Why and How to Achieve Multi-Generational Boards

Sherri Petro

Page 2: Achieve Multi-Generational Boards

Sponsored by:A Service

Of:

Affordable collaborative data

management in the cloud.

Page 3: Achieve Multi-Generational Boards

Sponsored by:A Service

Of:

Today’s Speaker

Sherri Petro President and Chief Strategy Officer,

VPI Strategies Hosting:

Sam Frank, Synthesis PartnershipAssisting with chat questions:

April Hunt, Nonprofit Webinars

Page 4: Achieve Multi-Generational Boards

Sherri Petro

A Place for All AgesWhy and How to Achieve Multi-Generational Boards

2011

Page 5: Achieve Multi-Generational Boards

5

Our Objectives

♦ Define the generational mix

♦ Discover the reasons behind board

age disparity

♦ Learn what you can do to recruit,

orient and leverage the talents and

styles of board members of each

generation.

Page 6: Achieve Multi-Generational Boards

6

The Generation Mix In 2011

♦ Traditionalists

– Born 1925-45

– 66-86 years

♦ Baby Boomers

– Born 1946-64

– 47-65 years

♦ Generation X

– Born 1965-80

– 31-46 years

♦ Generation Y

– Born 1981-?

– Under 31

Page 7: Achieve Multi-Generational Boards

The Norm – BoardSource

Nonprofit Governance Index 2010

7

Under 300%

30-397%

40-4920%

50-6450%

65+23%

Age

Traditionalists

Baby Boomers

Gen Y

Gen X (sort of)

Page 8: Achieve Multi-Generational Boards

Board Behaviors

Related to Diversity and InclusionReached consensus about value/benefits of

expanding board diversity

8

Great extent20%

Some extent33%

Small extent21%

Not done26%

2010 BoardSource NP Governance Index

Page 9: Achieve Multi-Generational Boards

Board Behaviors

Related to Diversity and Inclusion

Developed an inclusive culture and board dynamics

9

Great extent15%

Some extent34%Small extent

25%

Not done26%

2010 BoardSource NP Governance Index

Page 10: Achieve Multi-Generational Boards

5 Reasons You Might Want

Multiple Generations On The Board

1. Energy - They can assist you in becoming the “anti-

bored board”

2. New perspective and ideas - Questioning the value

of the old way of doing things

3. You create the opportunity for more voices to be

heard and develop a lively dialogue

4. They can teach you how to value and be more

efficient with technology like BoardEffect®

5. Your board may be the only one they are on!

10

Page 11: Achieve Multi-Generational Boards

Why Are We Not Recruiting

Younger Board Members?

♦ Tendency to recruit others like ourselves

♦ Skepticism as to whether you need

generational diversity

♦ Preference for professional experience

♦ The “one-and-only” concern

♦ Misperception about their commitment

♦ Not making the value proposition clear

♦ We don’t understand them

11

Page 12: Achieve Multi-Generational Boards

Why Are Younger Board

Members Not Joining?

♦ Perceive that board service is not

accessible

♦ They think they are not qualified

♦ They are not being scouted, recruited like

any other board member would be and

asked to join

♦ “Hands-on” is not included in the board

member job description

12

Page 13: Achieve Multi-Generational Boards

And It All Comes Down to This….

13

Page 14: Achieve Multi-Generational Boards

14

Traditionalists’ Values

♦ Respect for authority

♦ Loyal

♦ Practicality

♦ Experience

Their goal is to build a legacy

Page 15: Achieve Multi-Generational Boards

15

Baby Boomers’ Values

♦ Process

♦ Team work and collaboration

♦ Strong work ethic

♦ Optimism and idealism

♦ Work/life balance (which they struggle with

mightily)

Their goal is to put their stamp on things

Page 16: Achieve Multi-Generational Boards

16

Generation X Values

♦ Results and outcomes

♦ Solve their own problems

♦ Multi-tasking

♦ Direct communication

♦ Healthy skepticism

♦ Informality

♦ Work smart

Their goal is maintaining independence

Page 17: Achieve Multi-Generational Boards

17

Generation Y Values

♦ Technology

♦ Working on their

own terms

♦ Happiness

♦ Interactivity

♦ Experience

♦ Mutual respect

♦ Collaboration

♦ Community

♦ Meaningful work

♦ Acknowledgement

♦ Expression

Their goal is to create a happy life that has meaning

Page 18: Achieve Multi-Generational Boards

18

Generational Similarities

♦ We have

– A desire to learn

– A desire to be acknowledged

– A desire to be rewarded

♦ We want

– To be trusted, valued and respected

– To succeed

Page 19: Achieve Multi-Generational Boards

The Shadow

The ED/Board generational challenge

19

Page 20: Achieve Multi-Generational Boards

What We Can Expect From

Younger Board Members

♦ More movement in and out of boards by

younger board members

♦ More questions that we need to take

seriously

♦ More efficient meetings

♦ More evidence of good work

♦ More requests for hands-on work

20

Page 21: Achieve Multi-Generational Boards

Solutions: Mind Set

♦ Expand your mental model. Stop thinking that

everyone thinks like you

♦ Educate on the value of each generation from

research -- not opinion

♦ Make a commitment to age diversity

♦ Get out of your own way when thinking about

candidates. Look for those that think and are

different!

21

Page 22: Achieve Multi-Generational Boards

Solutions: Recruiting

√ Have a plan

√ Be clear on what each generation values

√ Use generations/age on your board recruiting matrix

√ Match generational motivation to the recruiting message,

use the language each generation resonates with

√ Go to organizations where the younger generations are

√ Look for businesses that encourage volunteering on

company time, leadership development and Corporate

Social Responsibility

√ Have a board job description & clear expectations

√ Be the board ambassador/evangelist

22

Page 23: Achieve Multi-Generational Boards

Solutions: Orientation

♦ Provide a “board buddy” for better board

onboarding (say that 3 times!)

♦ Be prepared so the new board member can

hit the ground running

♦ Have a board manual

♦ Don’t limit participation when new board

members are choosing their committees

♦ Don’t use a boring PPT like this one…

23

Page 24: Achieve Multi-Generational Boards

Solutions: On the Board

♦ Recognize there may be conflicts due to

differences in generational motivation

– Traditionalists - legacy

– BB – process

– Gen X – results

– Gen Y – experience

♦ Treat each board member as equal

♦ Do NOT diminish an opinion based on age

♦ Value all kinds of experience

24

Page 25: Achieve Multi-Generational Boards

Questions to Ponder for the Board

♦ How does the size of your board fit in?

♦ Should you create a junior board to groom

future board members?

♦ What will you do since the younger

generations are serial daters?

♦ How are you going to educate your board

on this subject?

– Hint: See the last slide!

25

Page 26: Achieve Multi-Generational Boards

Questions to Ask

Younger Candidates

♦ What excites you most about joining us?

♦ What would a successful experience on this

board look like for you?

♦ How would you like to offer your talents/skills?

♦ What will it take to engage you?

♦ What is the tomorrow problem you see for us

that we should start thinking about today?

♦ What do you think motivates our current board

members?26

Page 27: Achieve Multi-Generational Boards

27

Thank You!

Download VPI’s From Jitterbug to Twitter

generational white paper for NPs at www.vpistrategies.com

Contact Sherri Petro for more information

[email protected]

Page 28: Achieve Multi-Generational Boards

Sponsored by:A Service

Of:

Find listings for our current season of webinars and register at:

NonprofitWebinars.com