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Business Succession Planning 1 Day Virtual Live Training in Kuwait City

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Business Succession Planning 1 Day Virtual Live Training in Kuwait City


Course Description:

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

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



athering 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



 Certification:

Once after the training you receive course completion certificate from Mangates
Ticket Information Ticket Price
Early bird registration USD 495
Standard registration USD 795



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