Business Succession Planning Workshop in Raleigh, NC on Jun 24th, 2024
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Business Succession Planning Workshop in Raleigh, NC on Jun 24th, 2024

Offers: Group of 5 - 10 people 10% Discount, Group of 11 - 20 people 15% Discount

By Academy for Pros

Date and time

Monday, June 24 · 9am - 5pm EDT

Location

For venue details reach us at info@academyforpros.com, PH: +1 469 666 9332

Raleigh Raleigh, NC

Refund Policy

Refunds up to 7 days before event

Agenda

Module One: Succession Planning Vs. Replacement Planning


● What is Business Succession Planning? ● What Is Replacement Planning? ● Differences Between ● Deciding What You Need

ModuleTwo: Preparing for the Planning Process


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

Module Three: Initiating Process


● Develop a Mission Statement ● Develop a Vision Statement ● Choosing to Be a Mentor

Module Four: The SWOT Analysis


● Identifying Strengths ● Identifying Weaknesses ● Identifying Opportunities ● Identifying Threats

Module Five: Developing the Succession Plan


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

Module Six: Executing the Plan


● Assign Responsibility and Authority ● Establish a Monitoring System ● Identifying Paths ● Choosing Your Final Approach

Module Seven: Gaining Support


● Gathering Data ● Addressing Concerns and Issues ● Evaluating and Adapting

Module Eight: Managing the Change


● Developing a Change Management Plan ● Developing a Communication Plan ● Implementing the Plans ● Providing Constructive Criticism ● Encouraging Growth and Development

Module Nine: Overcoming Roadblocks


● Common Obstacles ● Re-Evaluating Goals ● Focusing on Progress

Module Ten: Reaching the End


● How to Know When You’ve Achieved Success ● Transitioning ● Wrapping it All Up

Module Eleven: Wrapping Up


● Words from the Wise ● Review of Parking Lot ● Lessons Learned ● Completion of Action Plans and Evaluations

About this event

  • 8 hours

Certificate: Course Completion Certificate

Language: English

Duration: 1 Day

Credits: 8

Refreshments: Snacks, Beverages and Lunch included in a classroom session

Course Delivery: Classroom

Course Overview:

Business Succession planning is all about being prepared. The loss of valuable leadership can cripple even the strongest of companies. Succession planning is an essential component to the survival and growth of any business. Whether it is grooming employees to become leaders, or preparing for an employee’s retirement, your participants will identify common obstacles and how to overcome them.

Our Business Succession Planning workshop will show you the differences between succession planning and mere replacement planning. How you prepare people to take on leadership responsibilities is just as important as hiring the right person for the job. Every company should have a form of succession planning in its portfolio.

Target Audience:

Anybody who is interested in learning Business Succession Planning

Learning Objectives:

In this course participants will:

  • Learn the importance of succession planning
  • Understand the process of succession planning
  • Recognise the importance of mentoring as a component of your plan
  • Learn to set goals using a SWOT analysis
  • Draft a plan, assign responsibilities and establish monitoring systems
  • Understand the importance of change management
  • Learn to anticipate obstacles
  • Know how to re-evaluate goals and focus on progress
  • Recognise when success has been achieved

Prerequisites:

None

Course Materials:

Students will receive a course manual with presentation slides and reference materials.

Technical Requirements:

For eBooks:

Internet for downloading the eBook

Laptop, tablet, Smartphone, eReader (No Kindle)

Adobe DRM supported software (e.g. Digital Editions, Bluefire Reader)

eBook download and activation instructions

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Tickets

Frequently asked questions

What Does Academyforpros provide me on the day of the course?

We provide Course Materials, Lunch, Beverages and Course Completion Certificate.

How do I enroll in a course?

You can reach us at info@academyforpros.com or enroll through our website.

Is the course available online or in-person?

We host the training through both the platform, Online and Classroom. The virtual training option can be chosen by busy professionals.

What is the duration of the course?

The duration of the training is 8 hours. The training will run from 9 AM to 5 PM.

Do you provide group discount?

Yes, we do provide great discount for the group registration. To enquire, reach us at info@academyforpros.com

Will I receive a certificate upon completion of the training?

Once you complete the training, you will receive a globally recognized Course Completion Certificate.

Can I switch my registration to different course if required?

Yes. You can switch your registration to a different course with a week prior notice.

Are your instructors are qualified and certified?

Our subject matter experts are from relevant industries and are certified.

How many credits will I be eligible for?

You will be credited with 8 PDUs on completion of this training.

Organized by

We deliver training solutions to Corporate, Government Agencies, Public sectors, Multinational organizations and Private Individuals. Our Primary focus is to train in a wide range of areas from IT Technical, Personal Development, Human Resources and Management Courses to Project, Program and IT Service Management.

We have most experienced trainers in the Industry. Our Trainers are highly skilled in their subject areas and are uniquely positioned to provide participants with deep industry experience. They are motivated to transfer knowledge through practical support post and pre-training to provide participants with additional support outside the classroom.