Business Succession Planning

Overview:

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 one-day course will help you develop, maintain, and evaluate your succession plan.

What Will Students Learn?:

Understand the value of succession planning for successful businesses.
Develop 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.

What Topics are Covered?:

A need for succession planning
Defining a succession plan
Identifying resources and analyzing risks
Defining roles, responsibilities, and functions
Gathering information
Forecasting needs
Putting the plan together
Putting the plan into action
Evaluating and reviewing the plan
Your action plan

What’s Included?:

Instruction by an expert facilitator
Small, interactive classes
Specialized manual and course materials
Personalized certificate of completion