Legacy, transmission, inheritance, succession are emotionally charged words connected to the complex process of making the transition from one leader to another. Sometimes retirement is imposed, but rarely do term limits exist for nonprofit leadership positions. How, then, does the mantle pass from one generation to another -- especially today, when elders live longer, healthier lives? This month, Sh'ma offers a fascinating glimpse at what succession has meant, and still means, in Hasidic life. We also share the personal stories and inner ruminations of contemporary leaders who have let go of power. We consider how experiments in intergenerational or co-leadership work, both to transmit values and wisdom and to ensure that the "outgoing" and "incoming" leaders hear each other without judgment or defensiveness. Two essays explore family businesses and succession issues -- the dynamics of a family-owned business and how to manage when the next generation doesn't want to lead the family business. We also include a piece on the role of board chairs within the nonprofit governing board structure.

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• HistoryWorldJewish

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• Print Length: 42 Pages
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