Aimed at human resources professionals and executive leadership, Business Succession Planning will help prepare for the ongoing viability of their business operations. This course will assist participants with determining key members of their organization, who is in a position to provide mentorship, strengths that the company currently possesses, and how to recover when employees choose to pursue new opportunities.

At the end of this course, students will be able to: apply their understanding of the value of succession planning for successful businesses; work directly with the key elements of a succession plan; identify resources and analyze risks; create and discuss a succession plan, and then evaluate and review it; and discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.

You will be able to obtain a “certificate of completion” with your name and completion date on it.

Note: these short courses are self-guided online courses and are not to be confused with our tutor-supported online courses.

There are 12 Lessons in this course:

1. Course Overview

2. A Need for Succession Planning

3. Defining a Succession Plan

• • Strong Leaders and a Strong Organization
  • Components of the Plan
  • Setting the Scope

4. Pre-Assignment Review

5. Identifying Resources and Analyzing Risks

• • Identifying Resources
  • Risk Assessment

6. Defining Roles, Responsibilities, and Functions

• • Individualized Engagement Plans
  • Working the Plan

7. Gathering Information

8. Forecasting Needs

• • Key Ingredients of a Successful Plan
  • Coaching and Mentoring

9. Putting the Plan Together

• • Using Appreciative Inquiry (AI)
  • How to Choose the Leader

10. Putting the Plan into Action

• • Phased Implementation
  • Technology

11. Evaluating and Reviewing the Plan

• • Evaluation Challenges
  • Sample Evaluation
  • Check Out the Checklist

12. Your Action Plan

• • Plan and Then Do
  • Next Steps
  • Recommended Reading List
  • Post-Course Assessment