Policy for Succession Planning Original Draft/rewrite/approval/revision Original Draft 2016 Rewritten Approval Revision Abbreviations: OLAR= One Love Animal Rescue, Inc. Definitions: Succession planning is defined as the process for identifying and developing internal people with the potential to fill key business leadership positions in the organization Policy# 15 Succession planning is defined as the process for identifying and developing internal people with the potential to fill key business leadership positions in the organization. This includes the ability of each member of the Board to continue business uninterrupted. Each Board Member should annually determine and name a potential successor, experienced in the role to be filled. With regard to financial stability, documents related to the business and financial functioning of OLAR must be maintained in multiple safe places, as well as electronically. Financial information including but not limited to passwords and access ability are maintained by each Board member in a sealed envelope. References: Cross references:
Policy for Succession Planning Original Draft/rewrite/approval/revision Original Draft 2016 Rewritten Approval Revision Abbreviations: OLAR= One Love Animal Rescue, Inc. Definitions: Succession planning is defined as the process for identifying and developing internal people with the potential to fill key business leadership positions in the organization Policy# 15 Succession planning is defined as the process for identifying and developing internal people with the potential to fill key business leadership positions in the organization. This includes the ability of each member of the Board to continue business uninterrupted. Each Board Member should annually determine and name a potential successor, experienced in the role to be filled. With regard to financial stability, documents related to the business and financial functioning of OLAR must be maintained in multiple safe places, as well as electronically. Financial information including but not limited to passwords and access ability are maintained by each Board member in a sealed envelope. References: Cross references:
Admin-section-merged-document-49-pg-1.docx