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Effective Succession Planning


reed.co.uk - Business Skills

Summary

Price
£49 inc VAT
Study method
Online
Duration
3 hours · Self-paced
Qualification
No formal qualification

Overview

What if one of your key people suddenly left the position? If this person's role affects your business ventures, direction, and productivity, could you find the talent you need if you only had very little time to do it? These are the difficult questions many businesses face. Whether you are looking to embark on a career in management or HR, this course will help you to demonstrate to employers that you are aware of these considerations and have ideas in place to tackle these obstacles.

Why do this course?

  • Looks great on your CV
  • Shows recruiters you have the skills they are looking for
  • Gives you a great grounding in team management

Description

Initiating Succession Planning

  • This course explains the importance of succession planning and building a leadership talent pool from within that motivates employees, increases retention of employees, and fortifies your business against the loss of vital people.
  • It outlines the steps needed to create an effective succession planning program, focusing on the first step of the process, initiating the program.
  • This involves learning how to align it with the business strategy and how to promote it internally to gain commitment throughout the organisation.

Determining a Talent Pool for Key Positions  

  • In this course, you will learn about the process for determining the availability of talent.
  • It covers the criteria for identifying key positions and the importance of planning for future key positions in your company. This involves ensuring you know what competencies are needed to perform the duties for key jobs by performing an analysis, competency identification, and a rating for each key position.
  • The course also explores how performance appraisals alone are not enough to determine your talent pool. For maximum effectiveness, you should combine them with individual potential assessments to find high-potential employees for key jobs for your present and future workforce needs.

Implementing and Assessing a Succession Planning Programme

  • In this course, you'll learn the steps necessary to implement individual development plans, including how to formulate and develop learning objectives that close the gaps between present and future performance.
  • And you'll explore how to assess your succession planning program and determine its success by using effective measurement criteria.

What’s included?

  • Hands-on interactive exercises - learn by doing

In partnership with Skillsoft

reed.co.uk has partnered with SkillSoft, the world’s leading provider of eLearning, to offer you all the quality training you need. You will be learning on SkillSoft software. SkillSoft is the world leader in e-learning for businesses, and is used by multinational companies such as FedEx, Hilton, VirginMedia and Hewlett Packard. By training with SkillSoft you will be working with an industry recognised organisation and investing in training that employers already know and trust.


Please note:

Please allow 24 hours to receive your online training details. If your order is made over the weekend, your online training details will be provided on the following Monday morning.

This SkillSoft course is not aligned to any certification or exam - it is a course to teach knowledge and skills.

This course is designed specifically for for use on desktop browsers. Performance on mobile devices may vary and compatibility with non-desktop devices is not guaranteed. 

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.