Business Succession Planning
Description
Aimed at human resources professionals and executive leadership, Business Succession Planning will help prepare for the ongoing viability of their business operations. This courseware will assist participants with determining key members of their organization, who is in a position to provide mentorship, strengths that the company currently possesses, and how to recover when employees choose to pursue new opportunities.
At the end of this training course, participants will be able to: apply their understanding of the value of succession planning for successful businesses; work directly with the key elements of a succession plan; identify resources and analyze risks; create and discuss a succession plan, and then evaluate and review it; and discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.
The Course Content
Session One: Course Overview
Session Two: A Need for Succession Planning
Session Three: Defining a Succession Plan
Strong Leaders and a Strong Organization
Components of the Plan
Setting the Scope
Session Four: Pre-Assignment Review
Session Five: Identifying Resources and Analyzing Risks
Identifying Resources
Risk Assessment
Session Six: Defining Roles, Responsibilities, and Functions
Individualized Engagement Plans
Working the Plan
Session Seven: Gathering Information
Session Eight: Forecasting Needs
Key Ingredients of a Successful Plan
Coaching and Mentoring
Session Nine: Putting the Plan Together
Using Appreciative Inquiry (AI)
How to Choose the Leader
Session Ten: Putting the Plan into Action
Phased Implementation
Technology
Session Eleven: Evaluating and Reviewing the Plan
Evaluation Challenges
Sample Evaluation
Check Out the Checklist
Session Twelve: Your Action Plan
Plan and Then Do
Next Steps
Recommended Reading List
Post-Course Assessment
Pre- and Post-Assessment Answer Keys
Personal Action Plan
How will this Training Course be Presented?
Self-Paced E-learning Course
The course duration is 2 weeks. For delegates to successfully complete the course, they should dedicate four hours per week to the course activities.