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Succession Planning

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled Dates

Course Overview

The loss of valuable knowledge, skills and experience can cripple a company. Business succession planning prepares successors to take on vital leadership roles when needed. It is essential to the long-term survival of a company. 

Whether it is preparing someone to take over a leadership position in a corporation or the sole proprietor of a small business, this course will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on leadership responsibilities so that the company thrives in the transition is just as important as picking the right person for the job.

Areas covered during this course include:

  • Succession planning and its role in your company
  • Developing a succession plan
  • The importance of mentorship
  • Talent and talent management
  • Employee engagement
  • Assessments and training programs
  • Employee retention

Objective:

By the end of this interactive training programme, you will be able to:

  • Define business succession planning and its role in your company
  • Lay the groundwork for developing a succession plan
  • Recognise the importance of mentorship
  • Define and use a SWOT analysis to set goals
  • Create a plan, assign roles, and execute the plan
  • Communicate to develop support and manage change
  • Anticipate obstacles, and evaluate and adapt goals and plans
  • Characterize success
  • Define talent and talent management
  • Understand the benefits of talent management
  • Recognize performance management and ways to review talent
  • Identify employee engagement
  • Create assessments and training programs
  • Learn how to improve employee retention
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Course Outline

Day 1 - Developing an HR Strategy

  • Evolution of HR from Tactical to Strategic.
  • Definition of HR Roles.
  • HR Business Partners.
  • The Role of HR within Strategy Formulation.
  • Organisational Aims and Culture.
  • The keys to success in Strategic Business Planning.

Day 2 - Succession Planning vs Replacement Planning

  • What is Business Succession Planning?
  • What Is Replacement Planning?
  • Differences Between
  • Deciding What You Need
  • Case Study

Day 3 - Preparing for the Planning Process

  • How to Set Parameters for the Planning Process
  • Should You Establish a Committee?
  • How to Gather Operational Data
  • Case Study

Day 4 - Developing the Succession Plan

  • Prioritize What the Succession Plan Will Address
  • Set Goals and Objectives
  • Develop a Strategy for Achieving Goals
  • Draft the Plan
  • Case Study  

Day 5 - Understanding Talent Management

  • Guidelines
  • Importance & Benefits
  • Challenges
  • Key Elements to Developing a Winning Strategy
  • Setting Goals
  • Developing Options
  • Providing Feedback
  • Wrapping Up
  • Case Study
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Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Location

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  • Human Resources and Talent Development

London

$4,900

London

Duration: 20 CPD hours (5Days)

date: 17 - 21 Jun 2024

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  • Human Resources and Talent Development
Amsterdam

Duration: 20 CPD hours (5Days)

date: 29 Jul - 02 Aug 2024

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  • Human Resources and Talent Development

Istanbul

$4,900

Istanbul

Duration: 20 CPD hours (5Days)

date: 21 - 25 Oct 2024

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  • Human Resources and Talent Development

London

$4,900

London

Duration: 20 CPD hours (5Days)

date: 16 - 20 Dec 2024

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  • Human Resources and Talent Development

Succession Planning

Duration:5 Days (20 CPD hours)

date:17 - 21 Jun 2024

London

London

$4,900


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Why Choose London Training For Excellence?

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    Reliability

    We will never cancel a confirmed booking

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    Support

    We offer around the clock support

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    Tailored

    We customise our courses to suit your personal learning needs

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    Quality

    Our courses are delivered by highly experienced industry experts

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    Recognition

    All our courses are accredited by the CPD Standards Agency

Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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Succession Planning

  • United KingdomLondon
  • calendar17 - 21 Jun 2024
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  • United KingdomLondon
  • 17 - 21 Jun 2024
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