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Business Succession Planning

Online Course

Business Succession - Online Course
Develop & Implement Professional Succession Plans. Learn How To Prepare Successors To Take On Vital Leadership Roles When The Need Arises.

Course Description

The loss of valuable leadership can cripple a company. Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio as it is not the expected absences that can cripple a company, but the unexpected ones.

Whether it is preparing someone to take over a position of leadership in a corporation, or the sole proprietor of a small business, the Business Succession Planning online training course will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on the responsibilities of leadership so that the company thrives in the transition is just as important as picking the right person for the job.

Course Objectives

  • Define business succession planning and its role in your company
  • Lay the groundwork to develop a succession plan
  • The importance of mentorship
  • Define and use a SWOT analysis to set goals
  • Create a plan, assign roles and execute the plan
  • Communicate to develop support and manage change
  • Anticipate obstacles, evaluate and adapt goals or plans
  • Characterize success
  • Students must have basic literacy and numeracy skills.
  • Previous schooling and academic achievements are not required for entry into this course.
  • Students will need access to a computer and the internet.

Minimum Specifications For Computers:

  • Microsoft Windows XP or later
  • OSX/iOS 6 or later
  • Modern and up to date browser

Course Summary

Delivery

Online 

Z

Assessed

Yes

Access

Lifetime 

w

Language

English

Award

Certificate

Support

Yes

Time

Self Paced

Community

Online 

Business Succession Planning

Develop & Implement Professional Succession Plans. Learn How To Prepare Successors To Take On Vital Leadership Roles When The Need Arises.