HR: Mastering Business Succession Planning
Description
A Complete Guide to Perform Effective Succession Plan to Ensure the Future Success of Your Company.
Welcome to the “Comprehensive Business Succession Planning” course, a vital program designed to ensure your company’s future success through effective leadership transition plans. Licensed from LinCademy, this course offers 12 detailed lectures and 10 animated case studies to guide you step-by-step in creating a successful succession plan.
In the initial lessons, you will learn the fundamentals of succession planning and understand the critical differences between succession and replacement planning. You will also set parameters for the planning process and gather essential operational data to inform your decisions. Subsequent lessons will guide you through developing a mission and vision statement, conducting a SWOT analysis, setting goals and objectives, and drafting the succession plan.
The later lessons focus on executing the plan, gaining support from stakeholders, managing change, and overcoming roadblocks. You will learn how to assign responsibility and authority, prioritize the succession plan’s focus areas, establish a monitoring system, identify paths, and choose your final approach. Additionally, you will develop a change management plan, a communication plan, and learn how to provide constructive criticism to foster growth and development. Finally, you will evaluate your progress, re-evaluate your goals, and successfully complete your plan.
Succession planning is essential for the long-term survival of any company. By preparing successors for vital leadership roles, you can ensure your company thrives during transitions. This course will help you effectively plan for leadership transitions, identify potential roadblocks, and develop strategies to overcome them.
Part of Our Second HR Course Bundle
This course is a key component of our first HR course bundle, “HR: Workplace Safety, Compliance, and Business Continuity.” This bundle focuses on topics related to managing and developing employees within an organization. These courses cover aspects such as harassment, violence, health and wellness, safety, training, termination, and succession planning. The bundle includes:
- Workplace Harassment Prevention- Assess Risks and Develop Policies
- Preventing Workplace Violence – Building Safety and Respect
- Health and Wellness at Work- Create a Culture of Wellbeing
- Comprehensive Universal Safety – Protecting People and Profits
- Train the Trainer (TiT): Empowering and Engaging Facilitators
- Effective Employee Termination- A Compassionate Approach
- Mastering Business Succession Planning
By the end of this course, you will have the knowledge and skills necessary to create a successful succession plan for your company, ensuring its long-term success. Enroll today and start preparing for the future of your business!
What I will learn?
- Define business succession planning.
- Explain its role in long-term company success.
- Understand the difference between succession and replacement planning.
- Learn when to use succession or replacement planning.
- Understand the importance of groundwork for effective succession planning.
- Identify key steps in the succession planning process.
- Learn the role of mentorship in preparing successors.
- Define and apply SWOT analysis for goal setting.
- Develop and execute a comprehensive succession plan.
- Communicate to gain support and manage change during transitions.
- Anticipate obstacles and adapt plans to overcome them.
- Identify success characteristics and measure plan effectiveness.
Course Content
Module 1: Introduction
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01:38
Module 2: Succession Planning and Replacement Planning
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04:33
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Module 2 Case Study
00:00
Module 3: Planning Preparation
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Lecture: Planning Preparation
00:00 -
Module 3 Case Study
00:00
Module 4: Initiation the Succession Planning
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Lecture: Initiation the Succession Planning
00:00 -
Module 4 Case Study
00:00
Module 5: The SWOT Analysis
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Lecture: The SWOT Analysis
00:00 -
Module 5 Case Study
00:00
Module 6: Developing the Succession Plan
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Lecture: Developing the Succession Plan
00:00 -
Module 6 Case Study
00:00
Module 7: Executing the Plan
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Lecture: Executing the Plan
00:00 -
Module 7 Case Study
00:00
Module 8: Gaining Necessary Support
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Lecture: Gaining Support
00:00 -
Module 8 Case Study
00:00
Module 9: Managing the Change
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Lecture: Managing the Change
00:00 -
Module 9 Case Study
00:00
Module 10: Overcoming Roadblocks
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Lecture: Overcoming Roadblocks
00:00 -
Module 10 Case Study
00:00
Module 11: Reaching the End
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Lecture: Reaching the End
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Module 11 Case Study
Module 12: Wrapping Up
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Lecture: Wrapping Up
00:00
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Ratings & Reviews
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LevelAll Levels
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Duration4 hours 30 minutes
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Last UpdatedNovember 20, 2024
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CertificateCertificate of completion
Description
A Complete Guide to Perform Effective Succession Plan to Ensure the Future Success of Your Company.
Welcome to the “Comprehensive Business Succession Planning” course, a vital program designed to ensure your company’s future success through effective leadership transition plans. Licensed from LinCademy, this course offers 12 detailed lectures and 10 animated case studies to guide you step-by-step in creating a successful succession plan.
In the initial lessons, you will learn the fundamentals of succession planning and understand the critical differences between succession and replacement planning. You will also set parameters for the planning process and gather essential operational data to inform your decisions. Subsequent lessons will guide you through developing a mission and vision statement, conducting a SWOT analysis, setting goals and objectives, and drafting the succession plan.
The later lessons focus on executing the plan, gaining support from stakeholders, managing change, and overcoming roadblocks. You will learn how to assign responsibility and authority, prioritize the succession plan’s focus areas, establish a monitoring system, identify paths, and choose your final approach. Additionally, you will develop a change management plan, a communication plan, and learn how to provide constructive criticism to foster growth and development. Finally, you will evaluate your progress, re-evaluate your goals, and successfully complete your plan.
Succession planning is essential for the long-term survival of any company. By preparing successors for vital leadership roles, you can ensure your company thrives during transitions. This course will help you effectively plan for leadership transitions, identify potential roadblocks, and develop strategies to overcome them.
Part of Our Second HR Course Bundle
This course is a key component of our first HR course bundle, “HR: Workplace Safety, Compliance, and Business Continuity.” This bundle focuses on topics related to managing and developing employees within an organization. These courses cover aspects such as harassment, violence, health and wellness, safety, training, termination, and succession planning. The bundle includes:
- Workplace Harassment Prevention- Assess Risks and Develop Policies
- Preventing Workplace Violence – Building Safety and Respect
- Health and Wellness at Work- Create a Culture of Wellbeing
- Comprehensive Universal Safety – Protecting People and Profits
- Train the Trainer (TiT): Empowering and Engaging Facilitators
- Effective Employee Termination- A Compassionate Approach
- Mastering Business Succession Planning
By the end of this course, you will have the knowledge and skills necessary to create a successful succession plan for your company, ensuring its long-term success. Enroll today and start preparing for the future of your business!
Material Includes
- Animated Typography Videos
- Animation Case Studies
Requirements
- Basic knowledge of business operations and leadership principles.
- Familiarity with strategic planning concepts and techniques.
Target Learners
- Business owners
- Executives
- Snior managers
- HR Professionals