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Business Succession Planning

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 your participants will identify common obstacles and how to overcome them.

Online Course / Classroom Training

R1,499

* Processed on Tru4.co.za

Description

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.

Business Succession Planning > Course Outline:

Icebreaker
Housekeeping Items
The Parking Lot
Workshop Objectives

What is Business Succession Planning?
What Is Replacement Planning?
Differences Between
Deciding What You Need

How to Set Parameters for the Planning Process
Should You Establish a Committee?
How to Gather Operational Data

Develop a Mission Statement
Develop a Vision Statement
Choosing to Be a Mentor

Identifying Strengths
Identifying Weaknesses
Identifying Opportunities
Identifying Threats

Prioritize What the Succession Plan Will Address
Set Goals and Objectives
Develop a Strategy for Achieving Goals
Draft the Plan

Assign Responsibility and Authority
Establish a Monitoring System
Identifying Paths
Choosing Your Final Approach

Gathering Data
Addressing Concerns and Issues
Evaluating and Adapting

Developing a Change Management Plan
Developing a Communication Plan
Implementing the Plans
Providing Constructive Criticism
Encouraging Growth and Development

Common Obstacles
Re-Evaluating Goals
Focusing on Progress

How to Know When You’ve Achieved Success
Transitioning
Wrapping it All Up

Words from the Wise
Review of Parking Lot
Lessons Learned
Completion of Action Plans and Evaluations

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