Organizational survival in a
globally competitive business environment depends in part on having identified
and developed replacements/successors for business-critical positions. This is
the essence of succession planning.
Strategic Succession Planning
is a process for identifying and developing internal employees with the
potential to assume key business leadership positions in the company.
Succession Planning in a
further formal definition is the process of identifying one or more successors
for critical positions and preparing them for expanded organizational
responsibilities through job assignments and other developmental activities.
Why Strategic Succession
Planning? Succession Planning increases the availability of experienced and
capable employees that are prepared to assume strategic & leadership roles
as they become available.
By the end of the Strategic
Succession Planning course, the participants of this course will be able to
·Basics of Succession Planning
·Know WHAT succession planning is.
·Know WHY they and their organization must have
a succession plan.
·Know HOW to design a succession plan
·Importance of holistic succession planning
·Prerequisites of Success Planning
·Approach to Succession Planning &
·Choosing internal vs external successors
·Key aspects of an effective Succession Planning
& Management System
·Continuum of Succession Processes
·Succession Planning in family-owned businesses
·Obstacles to the effective succession
·Mistakes to avoid in the Succession Planning
·Measuring the effectiveness of Success Planning
·Session One: Course Overview
·Session Two: A Need for Succession Planning
·Session Three: Defining a Succession Plan
·Strong Leaders and a Strong Organization
·Components of the Plan
·Setting the Scope
·Session Four: Identifying Resources and
·Session Five: Defining Roles, Responsibilities,
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