September 14, 2022

In this episode, Season 3 Episode 2 (S3 E2) "Investing in New Executive Directors, Part I," we speak with the Open Society Foundations (OSF). You'll gain valuable insights from a major funding institution about why they believe it’s important to invest in the nonprofit workforce by supporting new executive directors. You'll hear about important research on the value of investing in new executives from a new OSF report that draws upon the experiences and voices of hundreds of new E.D.s. This is a resource that you can use with your funders, your board, and others. 

The issue of healthy executive transitions was important before 2020, and it's even more important now, as diverse new executives are hired into challenging pandemic workplaces. Executive transitions are a crucial inflection point for new managers, organizations, staff teams, board members, and supporters involved in the process. And, perhaps most importantly, they also impact the communities who rely upon organizations for services. 

As more organizations hire “historic firsts” – women, people of color, LGBTQ people -- as their top executives, too many of these leaders are unintentionally being "set up to fail", rather than supported to succeed. Funder practices can be part of the solution, or part of the problem. So having a major funder like OSF become part of the solution in a very public way is important progress, and it’s something you can leverage in your own talent-investing efforts!

This episode explores Talent-Investing Principle #4: Talent Justice is Essential. This principle says that racism, sexism, classism, and other inequities are baked into the deficit of investment in the nonprofit workforce. Thus, talent-investing must advance intersectional racial equity in order to be successful. 

Listen on Apple iTunes Podcasts here. Listen on Spotify here.

View all previous episodes here.

Resources from this episode:

Twitter: @panoramateam and @OpenSociety 

LinkedIn: https://www.linkedin.com/in/bipasharay12/ and https://www.linkedin.com/in/joeyhlee/

Email: bipasha.ray@panoramaglobal.org and joey.lee@opensocietyfoundations.org

About the author 

Rusty Stahl

A prominent advocate for investing in America's nonprofit workforce, Rusty Stahl is President and CEO of Fund the People, which he founded in 2014. As host of the Fund the People Podcast, he enjoys geeking out about talent-investing with amazing colleagues. He previously served as founding Executive Director of Emerging Practitioners in Philanthropy (EPIP).

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