Business Succession Planning Course

The loss of valuable leadership can cripple a company. Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio as it is not the expected absences that can cripple a company, but the unexpected ones.

What’s in it for you? Whether it is preparing someone to take over a position of leadership in a corporation, or the sole proprietor of a small business, Business Succession Planning will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on the responsibilities of leadership so that the company thrives in the transition is just as important as picking the right person for the job.

Course Objectives:

• Define business succession planning and its role in your company.
• Lay 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.
• Anticipate obstacles, and evaluate and adapt goals and plans.
• Characterize success.

Who Should Take This Course:

Those in the HR function who are responsible for talent management, as well as current managers/leaders.

Course Duration

The course is designed to be approximately 8 interactive learning hours. You will have 1 month access to your online study platform from the date you purchased the course. The course is self-paced, so you decide how fast or slow the training goes. You can complete the course in stages, revisiting the training material at any time.

Why Choose Us?

• Our interactive courses are designed by industry experts.
• Our courses represent outstanding value for money.
• Access to webinars on various topics, ensuring that the skills you learn through our courses can be applied to your reality!
• Access to the resource ‘lunchbox’, where you will find relevant and practical tools to assist with day-to-day challenges.
• High quality e-learning study material and mock exams.
• Includes step-by-step guided video tutorials.
• 24/7 Access to the Online Learning Portal.
• Anytime & Anywhere learning.
• Access course content on Mobile, Tablet or Desktop.
• Study in a user friendly, advanced online learning platform.
• Excellent customer service and administrative support.