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15 - HRC - Human Resources


HRC 109 - Succession Planning

Code Start Date Duration Venue Fees
HRC 109 26 August 2019 5 Days Istanbul $ 2750 Registration Form Link
HRC 109 23 September 2019 5 Days Istanbul $ 2750 Registration Form Link
HRC 109 21 October 2019 5 Days Istanbul $ 2750 Registration Form Link
HRC 109 18 November 2019 5 Days Istanbul $ 2750 Registration Form Link
HRC 109 16 December 2019 5 Days Istanbul $ 2750 Registration Form Link
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Course Description

Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. Whether it is preparing an individual to take over as the sole proprietor of a small business or a leadership position in a corporation, business succession planning is essential for the long-term survival of a company.  This course will be teaching the difference between succession planning and mere replacement planning and preparing the people to take on the responsibilities of leadership in order for the company to thrive during transition.

 

Course Objectives

  • Defining business succession planning & its role in the organisation
  • Laying the groundwork for developing a succession plan
  • Recognizing the importance of internships
  • Learning to use a SWOT analysis to set goals
  • Creating a plan, assign roles & execute the plan
  • Developing a plan to manage change
  • Learning to anticipate obstacles, re-evaluate goals & focus on progress
  • Learning how to know when success has been achieved

 

Who Should Attend?

  • Executives
  • HR Managers
  • Supervisors
  • Anyone involved in HR planning
  • Anyone who is or will be responsible for taking on leadership roles
  • Anyone interested in developing leadership skills.

 

Course Details/Schedule

Day 1

Getting Started

  • Icebreaker
  • Housekeeping Items
  • The Parking Lot
  • Workshop Objectives

Succession Planning Vs. Replacement Planning

  • What is Business Succession Planning?
  • What Is Replacement Planning?
  • Differences Between
  • Deciding What You Need

Day 2

  Preparing for the Planning Process

  • How to Set Parameters for the Planning Process
  • Should You Establish a Committee?
  • How to Gather Operational Data

 Initiating Process

  • Develop a Mission Statement
  • Develop a Vision Statement
  • Choosing to Be a Mentor

Day 3

The SWOT Analysis

  • Identifying Strengths
  • Identifying Weaknesses
  • Identifying Opportunities
  • Identifying Threats

Developing the Succession Plan

  • Prioritizing What the Succession Plan Will Address
  • Setting Goals and Objectives
  • Developing a Strategy for Achieving Goals
  • Drafting the Plan

 

Day 4

Executing the Plan

  • Assigning Responsibility and Authority
  • Establishing a Monitoring System
  • Identifying Paths
  • Choosing Your Final Approach

Gaining Support

  • Gathering Data
  • Addressing Concerns and Issues
  • Evaluating and Adapting

Managing the Change

  • Developing a Change Management Plan
  • Developing a Communication Plan
  • Implementing the Plans
  • Providing Constructive Criticism
  • Encouraging Growth and Development

Day 5

Overcoming Roadblocks

  • Common Obstacles
  • Re-Evaluating Goals
  • Focusing on Progress

Reaching the End

  • How to Know When You’ve Achieved Success
  • Transitioning
  • Wrapping it All Up

Wrapping Up

  • Words from the Wise
  • Review of Parking Lot
  • Lessons Learned
  • Completion of Action Plans and Evaluations