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Business Succession Planning

Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. Every organization should have a form of succession planning in its portfolio, as it is not the expected absences that can cripple an organization, but the unexpected ones. Our Business Succession Planning course 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. Course objectives include defining business succession planning, laying the groundwork to develop a succession plan, the importance of mentorship, define and use a SWOT analysis to set goals, create a plan, assign roles, and execute the plan; communicate to develop support and manage change.