Welcome to the Business Succession Planning eLearning Course.The loss of valuable leadership can cripple a company. Business Succession Planning is essentially about preparing successors to take on vital leadership roles when the need arises.Whether it is preparing someone to take over as the sole proprietor of a small business or a position of leadership in a corporation, business succession planning is essential to the long-term survival of a company. This course will teach you the difference between succession planning and mere replacement planning and how to prepare people to take on the responsibilities of leadership so that the company thrives in the transition.
Each Module in this important eLearning Course should take you at least 30 to 60 minutes to work through for maximum benefit, and the reviews should be successfully completed to benefit from the course.
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Module One: Getting Started
Workshop Objectives
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Module Two: Succession Planning Vs. Replacement Planning
What is Business Succession Planning?
What Is Replacement Planning?
Differences Between
Deciding What You Need
Case Study
Module Two: Review Questions
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Module Three: Preparing for the Planning Process
How to Set Parameters for the Planning Process
Should You Establish a Committee?
How to Gather Operational Data
Case Study
Module Three: Review Questions
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Module Four: Initiating Process
Develop a Mission Statement
Develop a Vision Statement
Choosing to Be a Mentor
Case Study
Module Four: Review Questions
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Module Five: The SWOT Analysis
Identifying Strengths
Identifying Weaknesses
Identifying Opportunities
Identifying Threats
Case Study
Module Five: Review Questions
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Module Six: Developing the Succession Plan
Prioritize What the Succession Plan Will Address
Set Goals and Objectives
Develop a Strategy for Achieving Goals
Draft the Plan
Case Study
Module Six: Review Questions
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Module Seven: Executing the Plan
Assign Responsibility and Authority
Establish a Monitoring System
Identifying Paths
Choosing Your Final Approach
Case Study
Module Seven: Review Questions
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Module Eight: Gaining Support
Gathering Data
Addressing Concerns and Issues
Evaluating and Adapting
Case Study
Module Eight: Review Questions
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Module Nine: Managing the Change
Developing a Change Management Plan
Developing a Communication Plan
Implementing the Plans
Providing Constructive Criticism
Encouraging Growth and Development
Case Study
Module Nine: Review Questions
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Module Ten: Overcoming Roadblocks
Common Obstacles
Re-Evaluating Goals
Focusing on Progress
Case Study
Module Ten: Review Questions
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Module Eleven: Reaching the End
How to Know When You’ve Achieved Success
Transitioning
Wrapping it All Up
Case Study
Module Eleven: Review Questions
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Module Twelve: Wrapping Up
Words from the Wise 52
This Course includes a Certificate.
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