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Business Succession Planning eLearning Course

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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.

  • Module One: Getting Started
    Workshop Objectives
  • 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
  • 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
  • Module Four: Initiating Process
    Develop a Mission Statement
    Develop a Vision Statement
    Choosing to Be a Mentor
    Case Study
    Module Four: Review Questions
  • Module Five: The SWOT Analysis
    Identifying Strengths
    Identifying Weaknesses
    Identifying Opportunities
    Identifying Threats
    Case Study
    Module Five: Review Questions
  • 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
  • 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
  • Module Eight: Gaining Support
    Gathering Data
    Addressing Concerns and Issues
    Evaluating and Adapting
    Case Study
    Module Eight: Review Questions
  • 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
  • Module Ten: Overcoming Roadblocks
    Common Obstacles
    Re-Evaluating Goals
    Focusing on Progress
    Case Study
    Module Ten: Review Questions
  • Module Eleven: Reaching the End
    How to Know When You’ve Achieved Success
    Wrapping it All Up
    Case Study
    Module Eleven: Review Questions
  • Module Twelve: Wrapping Up
    Words from the Wise 52


This Course includes a Certificate.

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