Business Succession Planning

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Plan for tomorrow—lead with confidence today.

Own the Future: Build Leadership That Lasts Beyond You, Beyond Now, Beyond Limits.

The future of your business starts now. This dynamic course empowers you to secure your legacy by crafting a powerful succession plan that drives growth and continuity. You'll shift from reactive replacement to proactive leadership development, mastering strategic planning, mentoring, change management, and execution. Designed for leaders ready to shape tomorrow, this course gives you the tools to protect what you’ve built and elevate those who follow. Plan smart. Lead strong. Future-proof your business today.

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Learning Objectives

By the end of this course, you will be able to:

Distinguish between succession planning and replacement planning, identifying strategic needs for sustainable leadership.
Set planning parameters and form an effective committee to support the succession process.
Develop mission and vision statements that align with long-term goals.
Conduct a comprehensive SWOT analysis to inform succession strategies.
Set SMART goals and draft a tailored succession plan aligned with organizational priorities.
Assign roles, build a monitoring system, and implement the plan with flexibility.
Build support and manage resistance through effective communication and staff engagement.
Create and execute a structured change management and communication strategy.
Navigate roadblocks and maintain momentum through goal reevaluation and progress tracking.
Evaluate success metrics, ensure smooth transitions, and embed succession planning into company culture.

Course curriculum

1. How to Navigate Your Course
1. Welcome!
2. Overview
3. Course Objectives
4. Pre-Assignment
1. Overview
2. Understanding Business Succession Planning
3. Worksheet || Succession Planning
4. Defining Replacement Planning
5. Exercise || Creating an Organizational Chart
6. Key Differences Explained
7. Worksheet || Comparison
8. Determining the Right Approach for Your Organization
9. Worksheet || Trends
10. Scenario Exploration
11. 2 || Review Questions
1. Overview
2. Establishing Guidelines for the Planning Process
3. Worksheet || Parameters
4. Considering the Formation of a Committee
5. Worksheet || Committees
6. Collecting Operational Information
7. Worksheet || Survey
8. Scenario Exploration
9. 3 || Review Questions
1. Overview
2. Creating a Mission Statement
3. Worksheet || Mission Statements
4. Creating a Vision Statement
5. Worksheet || Vision Statements
6. Opting to Become a Mentor
7. Worksheet || Mentoring Survey
8. Scenario Exploration
9. 4 || Review Questions
1. Overview
2. Recognizing Strengths
3. Worksheet || Strengths
4. Pinpointing Weaknesses
5. Worksheet || Weaknesses
6. Identifying Opportunities
7. Worksheet || Opportunities
8. Assessing Threats
9. Worksheet || Threats
10. Scenario Exploration
11. 5 || Review Questions
1. Overview
2. Determine Key Focus Areas for the Succession Plan
3. Worksheet || Priorities
4. Define Goals and Desired Outcomes
5. Worksheet || SMART Goals
6. Create a Roadmap to Reach Your Objectives
7. Worksheet || Brainstorming
8. Outline the Succession Plan
9. Worksheet || Plans
10. Scenario Exploration
11. 6 || Review Questions
1. Overview
2. Delegate Roles and Decision-Making Power
3. Worksheet || Leadership
4. Set Up a System for Tracking Progress
5. Worksheet || Evaluation
6. Explore Potential Succession Routes
7. Worksheet || Paths
8. Select the Best Strategy
9. Worksheet || Final Plan
10. Scenario Exploration
11. 7 || Review Questions
1. Overview
2. Collecting Relevant Information
3. Worksheet || Meeting
4. Responding to Questions and Challenges
5. Worksheet || Listening
6. Reviewing and Adjusting the Plan
7. Worksheet || Adaptation
8. Scenario Exploration
9. 8|| Review Questions
1. Overview
2. Developing a Change Management Plan
3. Worksheet || Change
4. Developing a Communication Plan
5. Worksheet || Communication Plan
6. Implementing the Plans
7. Worksheet || Implementation
8. Providing Constructive Criticism
9. Worksheet || Criticism
10. Encouraging Growth and Development
11. Scenario Exploration
12. 9 || Review Questions
1. Overview
2. Typical Challenges
3. Worksheet || Obstacles
4. Revisiting Goals and Objectives
5. Worksheet || Re-evaluating Goals
6. Emphasizing Forward Movement
7. Worksheet || Progress
8. Scenario Exploration
9. 10 || Review Questions
1. Overview
2. Recognizing When Success Has Been Reached
3. Managing the Transition
4. Bringing Everything Together
5. Worksheet || Review
6. Scenario Exploration
7. 11 || Review Questions
1. Overview
2. Key Takeaways
3. Action Plan
4. Feedback

About this course

$50.00
108 lessons

Study Model

Self-Paced
Duration

6 -7 hrs
Accreditation

CPD Accredited Certificate Included
Skill Level

Intermediate - Advanced