Business Succession Planning
Whether it is preparing someone to take over as the sole proprietor of a small business or a position of ...
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Admin
- Description
- Curriculum
- Reviews
| Module | Topics Covered |
|---|---|
| Introduction | |
| Course Objectives | |
| Module 1 | Succession Planning Vs. Replacement Planning, What is Business Succession Planning?, What Is Replacement Planning?, Differences Between, Deciding What You Need, Knowledge Check |
| Module 2 | Preparing for the Planning Process, How to Set Parameters for the Planning Process, Should You Establish a Committee?, How to Gather Operational Data, Knowledge Check |
| Module 3 | Initiating Process, Develop a Mission Statement, Develop a Vision Statement, Choosing to Be a Mentor, Knowledge Check |
| Module 4 | The SWOT Analysis, Identifying Strengths, Identifying Weaknesses, Identifying Opportunities, Identifying Threats, Knowledge Check |
| Module 5 | Developing the Succession Plan, Prioritize What the Succession Plan Will Address, Set Goals and Objectives, Develop a Strategy for Achieving Goals, Draft the Plan, Knowledge Check |
| Module 6 | Executing the Plan, Assign Responsibility and Authority, Establish a Monitoring System, Identifying Paths, Choosing Your Final Approach, Knowledge Check |
| Module 7 | Gaining Support, Gathering Data, Addressing Concerns and Issues, Evaluating and Adapting, Knowledge Check |
| Module 8 | Managing the Change, Developing a Change Management Plan, Developing a Communication Plan, Implementing the Plans, Providing Constructive Criticism, Encouraging Growth and Development, Knowledge Check |
| Module 9 | Overcoming Roadblocks, Common Obstacles, Re-Evaluating Goals, Focusing on Progress, Knowledge Check |
| Module 10 | Reaching the End, How to Know When You’ve Achieved Success, Transitioning, Wrapping it All Up, Knowledge Check |
| Assessment | |
| Post-Test | |
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Course details
Lectures
1
Level
Advanced
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