Business Succession Planning

Module One: Getting Started
Course Objectives
 
Module Two: Succession Planning Vs. Replacement Planning
What is Business Succession Planning?
What Is Replacement Planning?
Differences Between
Deciding What You Need
 
Module Three: Preparing for the Planning Process
How to Set Parameters for the Planning Process
Should You Establish a Committee?
How to Gather Operational Data
 
Module Four: Initiating Process
Develop a Mission Statement
Develop a Vision Statement
Choosing to Be a Mentor
 
Module Five: The SWOT Analysis
Identifying Strengths
Identifying Weaknesses
Identifying Opportunities
Identifying Threats
 
Module Six: 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 Seven: Executing the Plan
Assign Responsibility and Authority
Establish a Monitoring System
Identifying Paths
Choosing Your Final Approach
 
Module Eight: Gaining Support
Gathering Data
Addressing Concerns and Issues
Evaluating and Adapting
 
Module Nine: Managing the Change
Developing a Change Management Plan
Developing a Communication Plan
Implementing the Plans
Providing Constructive Criticism
Encouraging Growth and Development
 
Module Ten: Overcoming Roadblocks
Common Obstacles
Re-Evaluating Goals
Focusing on Progress
 
Module Eleven: Reaching the End
How to Know When You've Achieved Success
Transitioning
Wrapping it All Up
 
Module Twelve: Wrapping Up
Words from the Wise
Lessons Learned