Business Succession Planning Training in Mississauga on Dec 12th 2018

Posted 3 years ago by Toronto Charities / 114 views

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.

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
Wrapping it All Up
Module Eleven: Wrapping Up

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

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

What can/can’t I bring to the event?

Open mind and lots of energy

Where can I contact the organizer with any questions?

Email: PH: 469-666-9332

Is my registration/ticket transferrable?

Yes, you may transfer your ticket to other participants 7 days prior to the class.

Can I update my registration information?

Yes, you will be able to change your e-mail or name during the class.

What is the refund policy?

Please refer to:

The name on the registration/ticket doesn’t match the attendee. Is that okay?

Yes, we will be able to change it during the class.

For more details visit Mangates

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