Business Succession Planning Developing & Maintaining a Succession Plan

    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. 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 one-day course will teach you the basics about creating and maintaining a succession plan.

What Will Students Learn?

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.

What Topics are Covered?

A need for succession planning

Defining a succession plan

Identifying resources and analyzing risks

Defining roles, responsibilities, and functions

Gathering information and forecasting needs

Putting the plan together

Putting the plan into action

Evaluating and reviewing the plan

• Your action plan