Certficate in Business Succession Planning

Welcome to the Business Succession Planning workshop. 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.

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.

100,000 USh

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Teacher	Administrator
Last Update	08/04/2024
Completion Time	7 hours 49 minutes
Members	0

Course
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Advanced Professional Development Paid

Module One: Getting Started
- Workshop Objectives
Module Two: Succession Planning Vs. Replacement Planning
- Succession planning and replacement planning are two different things.
- What Is Replacement Planning?
- Differences Between
- Deciding What You Need
- Case Study
- Module Two: Review Questions
  
  10 xp
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
  
  10 xp
Module Four: Initiating Process
- Develop a Mission Statement
- Develop a Vision Statement
- Choosing to Be a Mentor
- Case Study
- Module Four: Review Questions
  
  10 xp
Module Five: The SWOT Analysis
- Identifying Strengths
- Identifying Weaknesses
- Identifying Opportunities
- Identifying Threats
- Case Study
- Module Five: Review Questions
  
  10 xp
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
  
  10 xp
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
  
  10 xp
Module Eight: Gaining Support
- Gathering Data
- Addressing Concerns and Issues
- Evaluating and Adapting
- Case Study
- Module Eight: Review Questions
  
  10 xp
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
  
  10 xp
Module Ten: Overcoming Roadblocks
- Common Obstacles
- Re-Evaluating Goals
- Focusing on Progress
- Case Study
- Module Ten: Review Questions
  
  10 xp
Module Eleven: Reaching the End
- How to Know When You've Achieved Success
- Transitioning
- Wrapping it All Up
- Case Study
- Module Eleven: Review Questions
  
  10 xp
Module Twelve: Wrapping Up
- Words from the Wise
Certification
- Business Succession Planning

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