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About Course
Ensure your business continues to thrive by preparing the next generation of leaders. This course provides strategies for succession planning, leadership transition, and continuity management
What Will You Learn?
- Understand the importance of succession planning
- Identify and prepare successors
- Manage leadership transitions smoothly
- Create policies for business continuity and legacy protection
Course Content
Module One
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Getting Started
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Workshop Objectives
Module Two
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Succession Planning Vs. Replacement Planning
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What is Business Succession Planning?
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What Is Replacement Planning?
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Differences Between
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Deciding What You Need
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Practical Illustration
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Practical Illustration
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Review Questions
Module Three
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Preparing for the Planning Process
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How to Set Parameters for the Planning Process
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How to Set Parameters for the Planning Process
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Should You Establish a Committee?
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Practical Illustration
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How to Gather Operational Data
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Review Questions
Module Four
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Initiating Process
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Develop a Mission Statement
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Develop a Vision Statement
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Choosing to Be a Mentor
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Practical Illustration
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Review Questions
Module Five
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The SWOT Analysis
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Identifying Strengths
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Identifying Weaknesses
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Identifying Opportunities
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Identifying Threats
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Practical Illustration
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Review Questions
Module Six
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Developing the Succession Plan
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Prioritize what the Succession Plan will Address
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Set Goals and Objectives
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Develop a Strategy for Achieving Goals
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Draft the Plan
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Practical Illustration
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Review Questions
Module Seven
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Executing the Plan
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Assign Responsibility and Authority
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Establish a Monitoring System
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Identifying Paths
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Choosing Your Final Approach
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Practical Illustration
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Review Questions
Module Eight
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Gaining Support
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Gathering Data
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Addressing Concerns and Issues
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Evaluating and Adapting
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Practical Illustration
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Review Questions
Module Nine
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Managing the Change
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Developing a Change Management Plan
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Developing a Communication Plan
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Implementing the Plans
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Providing Constructive Criticism
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Encouraging Growth and Development
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Practical Illustration
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Review Questions
Module Ten
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Overcoming Roadblocks
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Common Obstacles
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Re-Evaluating Goals
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Focusing on Progress
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Practical Illustration
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Review Questions
Module Eleven
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Reaching the End
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How to Know When You’ve Achieved Success
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Transitioning
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Wrapping it All Up
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Practical Illustration
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Review Questions
Module Twelve
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Wrapping Up
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Words from the Wise
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