Business Succession Planning

The loss of valuable leadership can cripple an organisation. 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 an organisation.
This course teaches the difference between succession planning and mere replacement planning. It covers how you prepare people to take on the responsibilities of leadership so that the organisation thrives in the transition is just as important as picking the right person for the job.

Who will benefit from this course:

Managers seeking assistance to grow their business and transition staff into leadership roles.

Learning outcomes:

  • Define business succession planning and its role in your organisation.
  • Lay the groundwork to develop a succession plan.
  • Understand 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.
  • Characterise success.

Course duration:

This course can be completed in 1 full day

Delivery mode:

  • Public course

Course content:

  • Differentiating succession planning from replacement planning and deciding what you need
  • Preparing for the planning process
  • Steps for initiating the process
  • Developing the succession plan
  • Executing the plan
  • Gaining support from employees
  • Change management issues arising from executing succession plans
  • Overcoming obstacle throughout the process
  • Identifying when we have reached the end of the process

Upcoming Workshops

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