If you don’t have a “Past Chairman’s Club” you might think about creating one.
The following reasons are just a few good examples of why they could become your best asset and sounding board.
What might you add to the list?
- They no longer have a dog in the fight;
- They are seen as an elder statesman;
- Great sounding board for new ideas; and
- They could be a buffer to current board members.
The key to a successful “Past Chairman’s Club” is all in the set-up. Set ground rules:
- Attendance is mandatory;
- Financial support of the organization; and
- Confidentiality.
What should you do in return? Create a special program for the “Past Chairman’s Club” (i.e., breakfast speaker series that will enhance their knowledge or business). It’s important to meet on a regular basis (i.e., quarterly, or bi-annually).
