Business Succession Planning
Description
Two Days Training with International Certifications, Available for the Groups and for the companies also with the discounted Fees on English and Arabic Language courses, In-house or live and virtual Trainings.
Module One: Getting Started
• Workshop Objectives
• Action Plans and Evaluation Forms
Module Two: Succession Planning Vs. Replacement Planning
• What is Business Succession Planning?
• What Is Replacement Planning?
• Differences Between
• Deciding What You Need
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
Module Four: Initiating Process
• Develop a Mission Statement
• Develop a Vision Statement
• Choosing to Be a Mentor
Module Five: The SWOT Analysis
• Identifying Strengths
• Identifying Weaknesses
• Identifying Opportunities
• Identifying Threats
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
Module Seven: Executing the Plan
• Assign Responsibility and Authority
• Establish a Monitoring System
• Identifying Paths
• Choosing Your Final Approach
Module Eight: Gaining Support
• Gathering Data
• Addressing Concerns and Issues
• Evaluating and Adapting
Module Nine: Managing the Change
• Developing a Change Management Plan
• Developing a Communication Plan
• Implementing the Plans
• Providing Constructive Criticism
• Encouraging Growth and Development
Module Ten: Overcoming Roadblocks
• Common Obstacles
• Re-Evaluating Goals
• Focusing on Progress
Module Eleven: Reaching the End
• How to Know When You’ve Achieved Success
• Transitioning, Wrapping it All Up
Module Twelve: Wrapping Up
• Words from the Wise