Succession Planning

Start Date: 2 Jun 2024
End Date: 6 Jun 2024
Duration: 5
Country: Istanboul / Turkey
Category: Training & Human Resources

Course Description

Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. Whether it is preparing someone to take over as the sole proprietor of a small business or a position of leadership in a corporation, business succession planning is essential to the long-term survival of a company.

This course will teach the difference between succession planning and mere replacement planning and how to prepare people to take on the responsibilities of leadership so that the company thrives in the transition. 


Course Objectives

 Define business succession planning & its role in the 


 Lay the groundwork for developing a succession plan 

Recognise the importance of mentorships 

Learn to use a SWOT analysis to set goals 

Create a plan, assign roles & execute the plan 

Develop a plan to manage change 

Learn to anticipate obstacles, re-evaluate goals & focus 

on progress 

Learn how to know when success has been achieved 



Who Should Attend?

         HR Managers



         Anyone involved in HR planning

         Anyone who is or will be responsible for taking on leadership roles

         Anyone interested in developing leadership skills.


Program Schedule


Getting Started


         Housekeeping Items

         The Parking Lot

         Workshop Objectives

Succession Planning Vs. Replacement Planning

         What is Business Succession Planning?

         What Is Replacement Planning?

         Differences Between

         Deciding What You Need


  Preparing for the Planning Process

         How to Set Parameters for the Planning Process

         Should You Establish a Committee?

         How to Gather Operational Data

 Initiating Process

         Develop a Mission Statement

         Develop a Vision Statement

         Choosing to Be a Mentor


The SWOT Analysis

         Identifying Strengths

         Identifying Weaknesses

         Identifying Opportunities

         Identifying Threats

Developing the Succession Plan

         Prioritize What the Succession Plan Will Address

         Set Goals and Objectives

         Develop a Strategy for Achieving Goals

         Draft the Plan


Executing the Plan

         Assign Responsibility and Authority

         Establish a Monitoring System

         Identifying Paths

         Choosing Your Final Approach

Gaining Support

         Gathering Data

         Addressing Concerns and Issues

         Evaluating and Adapting

Managing the Change

         Developing a Change Management Plan

         Developing a Communication Plan

         Implementing the Plans

         Providing Constructive Criticism

         Encouraging Growth and Development


Overcoming Roadblocks

         Common Obstacles

         Re-Evaluating Goals

         Focusing on Progress

Reaching the End

         How to Know When Youve Achieved Success


         Wrapping it All Up

Wrapping Up

         Words from the Wise

         Review of Parking Lot

         Lessons Learned

         Completion of Action Plans and Evaluations

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