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 are valid for 60 days. Website pricing is subject to change without prior notice. Payment is due within 30 days, or as specified for approved accounts with written agreements with ht+a, alternatively it is due upon receipt of an invoice. All bank charges for forex transactions are to be borne by the client. 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. For in-person public courses, the fee includes the event venue, coffee, refreshments, and lunch. It does not include accommodation or other travel expenses. ht+a will share accommodation discount options with you if available and recommends booking 2 weeks before an event to ensure the event is a confirmed go-ahead. ht+a is not liable for travel expense losses due to cancellation by either party, weather, flight delays, or other unforeseen circumstances. For in-person in-house courses, unless otherwise specified, pricing assumes the training will take place at the client's location and ht+a will not provide catering. The Client will ensure that the training room will be equipped with all necessary tools including flip charts, markers, video projectors/screens, appropriate furnishings and ample electrical outlets. Sustainability & Materials: - Delegates require an email address and a stable and active internet connection with suitable equipment (computer, smartphone or tablet) to access course materials and, where applicable, to complete online tests and join live video calls. - Printed course materials will not be provided, including for in-person or in-house events. Customers may print their course materials if desired. - ht+a no longer provides publications (textbooks) as part of the course fee. It is the customer's responsibility to procure any supplementary material either as an add-on from ht+a (payment is required in advance), OR from the VDA (https://shorturl.at/fbHJs) or the AIAG (https://shorturl.at/z73jg) directly (all corresponding shipping and duties will be for the customer's account). Due to copyright, ht+a does not provide digital copies of publications. - Digital certificates will be provided. 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. Customers may print their certificate if desired.