Succession Risk Advocacy Matrix

Making the case to organizational leadership (including Board members) may be more effective if expressed in a risk management framework. This matrix prompts thinking about the impact on key measures of concern - the organization’s mission (measured in access statistics and similar performance metrics); the organization’s revenue and expenses (expressed in dollars); and time and effort of staff (measured in hours). 

• Review this exercise for each position on your staff to get the totality of risk –quantify the risk of having the position vacant. It’s fine to estimate a range in each cell. 

• Performing Arts organizations may wish to substitute/add dimensions that reflect their operations. 

• Risks to reputation (ie, damage to a signature artifact) should be highlighted.