How to Develop and Maintain a Business Succession Plan

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Language: 
English

Change is a hallmark of today’s business world. In particular, our workforce is constantly changing – people come and go, and move into new roles within the company. Business succession planning can help you make the most of that change by ensuring that when someone leaves, there is someone new to take their place. This course will help you teach the basics about creating and maintaining a succession plan. At the end of this, you will be able to:

  • Demonstrate an understanding of the value of succession planning for successful businesses.
  • Demonstrate expertise with the key elements of a succession plan.
  • Create and discuss aspects of a succession plan.
  • Discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.

Course Content

Lessons

Module One: Getting Started

 

Module Two: Succession Planning Vs. Replacement Planning

 

Module Three: Preparing for the Planning Process

 

Module Four: Initiating Process

 

Module Five: The SWOT Analysis

 

Module Six: Developing the Succession Plan

 

Module Seven: Executing the Plan

 

Module Eight: Gaining Support

 

Module Nine: Managing the Change

 

Module Ten: Overcoming Roadblocks

 

Module Eleven: Reaching the End

 

Module Twelve: Wrapping Up

Knowledge Partner: 

ITI Student Resume Portal

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ITI Student Resume

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