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Business Succession Planning Course


John Academy

Summary

Price
£199 inc VAT
Or £66.33/mo. for 3 months...
Study method
Online
Duration
12 hours · Self-paced
Qualification
No formal qualification
CPD
15 CPD hours / points

Overview

Description:

A management succession plan affects an entire association. Planning a succession includes arrangement, measuring alternatives, starting and overseeing change, and performing an intensive investigation of your staff and their abilities and experience. Our diploma in Business Succession Planning course gives you a comprehension of the strategies and methods of business succession and skill building to implement the changes smoothly and successfully with skills like conducting a SWOT analysis, drafting a succession plan and mapping worker experience and skill sets. You will also learn to distinguish between succession planning and poor replacement planning and how to prepare team members to take on the responsibilities of leadership so that the company thrives in the transition.

CPD

15 CPD hours / points
Accredited by CPD QS

Course media

Description

Module One: Getting Started

Objectives of the Book

Module Two: Succession Planning Vs. Replacement Planning

What is Business Succession Planning?

What Is Replacement Planning?

Differences Between

Deciding What You Need

Case Study

Module Three: Preparing for the Planning Process

How to Set Parameters for the Planning Process

Should You Establish a Committee?

How to Gather Operational Data

Case Study

Module Four: Initiating Process

Develop a Mission Statement

Develop a Vision Statement

Choosing to Be a Mentor

Case Study

Module Five: The SWOT Analysis

Identifying Strengths

Identifying Weaknesses

Identifying Opportunities

Identifying Threats

Case Study

Module Six: Developing the Succession Plan

Prioritize What the Succession Plan Will Address

Set Goals and Objectives

Develop a Strategy for Achieving Goals

Draft the Plan

Case Study

Module Seven: Executing the Plan

Assign Responsibility and Authority

Establish a Monitoring System

Identifying Paths

Choosing Your Final Approach

Case Study

Module Eight: Gaining Support

Gathering Data

Addressing Concerns and Issues

Evaluating and Adapting

Case Study

Module Nine: Managing the Change

Developing a Change Management Plan

Developing a Communication Plan

Implementing the Plans

Providing Constructive Criticism

Encouraging Growth and Development

Case Study

Module Ten: Overcoming Roadblocks

Common Obstacles

Re-Evaluating Goals

Focusing on Progress

Case Study

Module Eleven: Reaching the End

How to Know When You’ve Achieved Success

Transitioning

Wrapping it All Up

Case Study

Module Twelve: Wrapping Up

Words from the Wise

John Academy: A Great Place to Learn for Everyone, Forever

Expert Authors: We select authors with expertise and experience of training professionals. Our authors are industry experts, academics, authors, face-to-face trainers or online trainers; most often they have a combination of these backgrounds

Engaging Content: Our succinct, bite-sized and business-focussed course materials are designed to deliver the most effective training for you. Each course is made up of modules, manageable learning chunks of text, images, videos and tasks.

Why choose us?

  • Study in a user-friendly, advanced online learning platform;
  • All the study materials are available in your student portal including videos tutorials.
  • One of the most successful online education platforms in the UK.
  • Affordable, engaging & high-quality e-learning study materials;
  • You will have unlimited access to online learning platform in 24 hours a day, 7 days a week in 12 Months.
  • Efficient exam systems for the assessment and instant result;
  • The UK & internationally recognised accredited qualification;
  • Access to course content on mobile, tablet or desktop from anywhere anytime;
  • The benefit of applying for NUS Extra Discount Card;
  • 24/7 student support.
  • Technical supports and live chat service for your inquiries. This is very helpful for international learners.
  • Excellent and flexible mentor supports by our team of experienced tutors/trainers via email.

Assessment:

  • At the end of the course, you will be required to sit an online multiple-choice test. Your test will be assessed automatically and immediately so that you will instantly know whether you have been successful.
  • Before sitting for your final exam you will have the opportunity to test your proficiency with a mock exam.

Certification:

  • In addition to the course price there is an additional charge for certificate. After you have successfully passed the final exam, you will be able to order an Accredited Certificate of Achievement at the following price:
  • Hard Copy by post - £39.00
  • Soft Copy PDF via email - £24.00

Who is this course for?

  • Beginners who want to develop a Business Plan.
  • Existing entrepreneurs who need a Business Plan.
  • Managers asked to write a business plan.
  • Business Students.
  • A consultant who is looking for a framework to help clients to develop a plan.
  • Business owners.
  • Freelancers.

Requirements

  • This course is available to all learners, of all academic backgrounds.
  • Learners should be aged 16 or over to undertake the qualification.
  • Good understanding of English language, numeracy and ICT are required to attend this course.

Career path

Business Succession Planning Course would be beneficial for the following professionals:

  • Program manager.
  • Risk management consultant.
  • Office manager.
  • Financial planner.
  • Start your own business.
  • Business analyst.
  • Management consultant.
  • Human resource officer.

Questions and answers

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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.