Business Succession Planning

Human Resources


Description

Business succession planning is all about being prepared. The loss of valuable leadership can cripple even the strongest of companies. Succession planning is an essential component to the survival and growth of any business. Whether it is grooming employees to become leaders, or preparing for an employee"s retirement your participants will identify common obstacles and how to overcome them.

Our Business Succession Planning workshop will show you the differences between succession planning and mere replacement planning. How you prepare people to take on leadership responsibilities is just as important as hiring the right person for the job. Every company should have a form of succession planning in its portfolio.

Business Succession Planning Course Outline:

Module One: Getting Started
Workshop Objectives

Module Two: Succession Planning Vs. Replacement Planning
What is Business Succession Planning?
What Is Replacement Planning?
Differences Between
Deciding What You Need

Module Three: Preparing for the Planning Process
How to Set Parameters for the Planning Process
Should You Establish a Committee?
How to Gather Operational Data

Module Four: Initiating Process
Develop a Mission Statement
Develop a Vision Statement
Choosing to Be a Mentor

Module Five: The SWOT Analysis
Identifying Strengths
Identifying Weaknesses
Identifying Opportunities
Identifying Threats

Module Six: Developing the Succession Plan
Prioritize What the Succession Plan Will Address
Set Goals and Objectives
Develop a Strategy for Achieving Goals
Draft the Plan

Module Seven: Executing the Plan
Assign Responsibility and Authority
Establish a Monitoring System
Identifying Paths
Choosing Your Final Approach

Module Eight: Gaining Support
Gathering Data
Addressing Concerns and Issues
Evaluating and Adapting

Module Nine: Managing the Change
Developing a Change Management Plan
Developing a Communication Plan
Implementing the Plans
Providing Constructive Criticism
Encouraging Growth and Development

Module Ten: Overcoming Roadblocks
Common Obstacles
Re-Evaluating Goals
Focusing on Progress

Module Eleven: Reaching the End
How to Know When You've Achieved Success
Transitioning
Wrapping it All Up

Module Twelve: Wrapping Up
Words from the Wise
Lessons Learned
Completion of Action Plans and Evaluations

Content
  • Business Succession Planning
  • Video Tutorials & Quizzes
  • Business Succession Planning
  • Activities & Resources
  • Pre-Assignment
  • Apple SWOT Analysis
  • Avis Budget Group
  • 01-Succession Planning
  • 02-Comparison
  • 03-Trends
  • 04-Parameters
  • 05-Committees
  • 06-Survey
  • 07-Mission Statements
  • 08-Vision Statements
  • 09-Mentoring Survey
  • 10-Strengths
  • 11-Weaknesses
  • 12-Opportunities
  • 13-Threats
  • 14-Priorities
  • 15-Goals
  • 16-Brainstorming
  • 17-Plan
  • 18-Leadership
  • 19-Evaluation
  • 20-Paths
  • 21-Final Plan
  • 22-Adaptation
  • 23-Change
  • 24-Communication Plan
  • 25-Implementation
  • 26-Obstacles
  • 27-Re-Evaluating Goals
  • 28-Progress
  • 29-Review
  • 30-Organization Chart
  • 31-Meeting
  • 32-Listening
  • 33-Criticism
  • Action Plan
Completion rules
  • You must complete the units "Business Succession Planning"
  • Leads to a certification with a duration: Forever