Business Succession Planning

About Course
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