Business Succession Planning

Rapid Skillz

Preço a consultar

Informação importante

  • Short course
  • Beginner
  • Online
  • Duração:
    3 Months
  • Quando:
    à escolha

The loss of valuable leadership can cripple a company. Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio as it is not the expected absences that can cripple a company, but the unexpected ones. Whether it is preparing someone to take over a position of leadership in a corporation, or the sole proprietor of a small business Business Succession Planning will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on the responsibilities of leadership so that the company thrives in the transition is just as important as picking the right person for the job.

Informação importante
Quais são os objetivos da formação?

Through this training workshop, the participants will be well versed with the concept of business succession planning and its role in a company. The understudies will be able to lay the groundwork to develop a succession plan, assign roles, and execute the plan. They will get to know and use a SWOT analysis for setting goals as well. The participants will develop the understanding of anticipating obstacles, and evaluate and adapt goals and plans accordingly.

Requisitos: Anybody can apply.


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Início Localização
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O que se aprende nesse curso?



The Contents of this course consists of 12 Modules:- Module One: Getting Started. 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.

Informação adicional

This Course is Made for the Students and they learn the Content in PDF and Powerpoint Slides Format. Activities like Pre Assignment, Action Plan, Evaluation Form etc. Offers frameworks for understanding key topics of Business Succession Planning. Focuses on explanations of concepts, phenomena, and theories.