About this Event
Bring your team and save:
1. Groups of three or more receive a 10% discount
2. Organizations hosting an in-house session with 10+ participants enjoy a 15% discount.
For more information on venue address, reach out to "[email protected]"
Duration: 1 Full Day (8 Hours)
Delivery Mode: Classroom (In-Person)
Language: English
Credits: 8 PDUs/Training Hours
Certification: Course Completion Certificate
Refreshments: Lunch, Snacks and beverages will be provided during the session
Course Overview:
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, participants will identify common obstacles and learn 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.
Learning Objectives:
In this course you will:
● Learn the importance of succession planning
● Understand the process of succession planning
● Recognize the importance of mentoring as a component of your plan
● Learn to set goals using a SWOT analysis
● Draft a plan, assign responsibilities, and establish monitoring systems
● Understand the importance of change management
● Learn to anticipate obstacles
● Know how to re-evaluate goals and focus on progress
● Recognize when success has been achieved
Target Audience:
Anybody who is interested in learning Business Succession Planning
Why is it Right Fit for You?
This program is ideal if you want to ensure the continuity and growth of your business by preparing future leaders. It equips you with the knowledge and tools to develop effective succession plans, mentor employees, and manage change effectively. Whether you are a business owner, manager, or HR professional, this course helps you anticipate obstacles, set clear goals, and create a structured succession strategy that safeguards your company’s leadership pipeline.
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Can this Business Succession Planning course be customized for our organization?
Yes, we offer customized in-house Business Succession Planning programs tailored to your company’s size, leadership structure, and growth objectives. The training can incorporate real organizational scenarios, employee development plans, and succession challenges to ensure maximum relevance and practical application. Delivery format, duration, and focus areas can be adjusted to align with your business goals.
Contact us today to schedule a customized in-house, face-to-face session:
Agenda
Module One: Succession Planning Vs. Replacement Planning
Info: ● What is Business Succession Planning?
● What Is Replacement Planning?
● Differences Between
● Deciding What You Need
Module Two: Preparing for the Planning Process
Info: ● How to Set Parameters for the Planning Process
● Should You Establish a Committee?
● How to Gather Operational Data
Module Three: Initiating Process
Info: ● Develop a Mission Statement
● Develop a Vision Statement
● Choosing to Be a Mentor
Module Four: The SWOT Analysis
Info: ● Identifying Strengths
● Identifying Weaknesses
● Identifying Opportunities
● Identifying Threats
Module Five: Developing the Succession Plan
Info: ● Prioritize What the Succession Plan Will Address
● Set Goals and Objectives
● Develop a Strategy for Achieving Goals
● Draft the Plan
Module Six: Executing the Plan
Info: ● Assign Responsibility and Authority
● Establish a Monitoring System
● Identifying Paths
● Choosing Your Final Approach
Module Seven: Gaining Support
Info: ● Gathering Data
● Addressing Concerns and Issues
● Evaluating and Adapting
Module Eight: Managing the Change
Info: ● Developing a Change Management Plan
● Developing a Communication Plan
● Implementing the Plans
● Providing Constructive Criticism
● Encouraging Growth and Development
Module Nine: Overcoming Roadblocks
Info: ● Common Obstacles
● Re-Evaluating Goals
● Focusing on Progress
Module Ten: Reaching the End
Info: ● How to Know When You’ve Achieved Success
● Transitioning
● Wrapping it All Up
Module Eleven: Wrapping Up
Info: ● Words from the Wise
● Review of Parking Lot
● Lessons Learned
● Completion of Action Plans and Evaluations
Event Venue & Nearby Stays
Regus Australia Management Pty Ltd, 52 Martin Place, Sydney, Australia
AUD 743.56 to AUD 932.04
