896837

Business Succession Planning: Developing and Maintaining a Succession Plan

$199.00

Level 2 | Duration: 4 Hours

This course will teach you how to develop and maintain a succession plan with the SUCCESS model, which includes developing a system, identifying resources, creating risk assessments, developing action plans, implementing those plans, and evaluating the results.

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Change is a hallmark of today’s business world. In particular, our workforce is constantly changing – people come and go, and move into new roles within the company. Succession planning can help you make the most of that change by ensuring that when someone leaves, there is someone new to take their place.

This course will teach you the basics about creating and maintaining a succession plan.

Learning Objectives

  • Demonstrate an understanding of the value of succession planning for successful businesses.
  • Demonstrate expertise with the key elements of a succession plan.
  • Create and discuss aspects of a succession plan.
  • Discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.
Session Outline

1. Course Overview
2. A Need for Succession Planning
3. Defining a Succession Plan
4. Pre-Assignment Review
5. Identifying Resources and Analysing Risks
6. Defining Roles, Responsibilities, and Functions
7. Gathering Information
8. Forecasting Needs
9. Putting the Plan Together
10. Putting the Plan into Action
11. Evaluating and Reviewing the Plan
12. Checking out the Checklist
13. Your Action Plan
14. Personal Action Plan
15. Recommended Reading List
16. Post-Course Assessment

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