Business Succession Planning
Business Succession Planning
Power Skills | Human Resources
About This Course
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 you will identify common obstacles and how to overcome them. 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. Module One: Getting Started Module Two: Succession Planning Vs. Replacement Planning What is Business Succession Planning? What Is Replacement Planning? Differences Between Deciding What You Need 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 Module Four: Initiating Process Develop a Mission Statement Develop a Vision Statement Choosing to Be a Mentor Module Five: The SWOT Analysis Identifying Strengths Identifying Weaknesses Identifying Opportunities Identifying Threats 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 Module Seven: Executing the Plan Assign Responsibility and Authority Establish a Monitoring System Identifying Paths Choosing Your Final Approach Module Eight: Gaining Support Gathering Data Addressing Concerns and Issues Evaluating and Adapting Module Nine: Managing the Change Developing a Change Management Plan Developing a Communication Plan Implementing the Plans Providing Constructive Criticism Encouraging Growth and Development Module Ten: Overcoming Roadblocks Common Obstacles Re-Evaluating Goals Focusing on Progress Module Eleven: Reaching the End How to Know When You’ve Achieved Success Transitioning Wrapping it All Up Module Twelve: Wrapping Up Duration: 1-2 day in-house workshop with an expert trainer, dependent on your needs (in-person or online)
Policies
Quotations: Quotes are valid for 30 days only. Payments: Payments are due within 30 days from the invoice date if you have an approved account with ht+a, alternately according to any written agreement between ht+a and the Customer, failing which payment is due immediately upon receipt of the invoice. Confirmation: Delegate placements on public courses or scheduling of in-house courses will only be confirmed once payment, an approved purchase order or a signed quotation/agreement is received. All Events: It is the customer's responsibility to ensure they have a stable and active internet connection with suitable equipment (computer or smartphone) to join video calls (where applicable) and access course materials and tests. ht+a's sustainability policy includes not providing printed course materials, including for in-person events, however, customers may choose to print their course materials if desired. In-Person Public Events: The course fee includes the event venue, coffee, refreshments, and lunch. It does not include hotel rooms or travel expenses. ht+a will share the discounted group rate for hotel accommodation with you when available and recommends booking between 2 and 3 weeks prior to each event for rates and flexibility. ht+a is not liable for travel expense losses due to cancellation by either party, weather, flight delays, or other unforeseen circumstances. In-Person In-House Events: Pricing assumes the training will take place at the client's location and ht+a will not provide any catering. The Client will ensure that the training room will be equipped with all necessary tools including flip charts, markers, video projectors/screens, and appropriate furnishings. Publications: The price for certain courses includes the official VDA QMC publication and shipping thereof. Please note that additional local customs or delivery fees are for the customer's account and ht+a will not be responsible for these fees. Certificates: Certificates for VDA QMC courses will only be issued once full payment is received. Certificates for ht+a courses will be automatically issued upon completion of course requirements.