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Business Succession Planning Training Course

This succession planning training course provides participants with the framework for a carefully crafted succession plan.

Succession planning training courses are available now throughout Hong Kong, including Central.

This Business Succession Planning training course can be delivered at your premises by one of our expert local or international trainers or live online using our HIVE technology.

Contact us today for a quote.

Learning Outcomes
Course Outline
In-House
Training
  • Learning Outcomes - Business Succession Planning Training Course

    In this course participants will:

    • Learn the importance of succession planning
    • Understand the process of succession planning
    • Recognize 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
    • Recognize when success has been achieved
    Duration: 1 day course
    PD Training customer feedback infographic with average of 9 out of 10



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  • Course Outline - Business Succession Planning Training Course

    Download Business Succession Planning Training Course Outline

    Foreword:

    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.

    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 you 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.

    Business Succession Planning Training Course - Lesson 1
    Succession Planning Vs. Replacement Planning
    • What is Business Succession Planning?
    • What is Replacement Planning?
    • Differences between Succession and Replacement
    • Deciding what you need
    Business Succession Planning Training Course - Lesson 2
    Preparing for the Planning Process
    • Should you establish a committee?
    • How to gather operational data
    Business Succession Planning Training Course - Lesson 3
    Initiating Process
    • Develop a Mission Statement
    • Develop a Vision Statement
    • Choosing to be a mentor
    Business Succession Planning Training Course - Lesson 4
    The SWOT Analysis
    • Identifying Strengths
    • Identifying Weaknesses
    • Identifying Opportunities
    • Identifying Threats
    Business Succession Planning Training Course - Lesson 5
    Developing the Succession Plan
    • Prioritize what the succession plan will address
    • Set goals and objectives
    • Develop a strategy for achieving goals
    • Draft the plan
    Business Succession Planning Training Course - Lesson 6
    Executing the Plan
    • Assign responsibility and authority
    • Establish a monitoring system
    • Identifying paths
    • Choosing your final approach
    Business Succession Planning Training Course - Lesson 7
    Gaining Support
    • Gathering data
    • Addressing concerns and issues
    • Evaluating and adapting
    Business Succession Planning Training Course - Lesson 8
    Managing the Change
    • Developing a change management plan
    • Developing a communication plan
    • Implementing the plans
    • Providing constructive criticism
    • Encouraging growth and development
    Business Succession Planning Training Course - Lesson 9
    Overcoming Roadblocks
    • Common obstacles
    • Re-Evaluating goals
    • Focusing on progress
    Business Succession Planning Training Course - Lesson 10
    Reaching the End
    • How to know when you’ve achieved success
    • Transitioning
    • Wrapping it all up
     

  • In-House Training

    Clients and testimonials

    In-House training benefits:

    • Flexible length - sessions as short as 1-hour
    • Cost effective - great group pricing
    • Greatest impact in the shortest time
    • Excellent Team Building Opportunity
    • Certificate of Completion (always available in the App)
    • Comprehensive courseware as books (& available in the App)

    Delivery Options for In-house training
    1-hour Motivator
    one hour motivator
    3-hour Power Sessions
    3 hour power session
    Full-day training
    full day training
    Conferences
    Conferences

    Choose the Training Location


    You can expect:

    Activities and discussion

    To Be Engaged All Day

    Activities and discussion for engaged learning all day.

    Real world trainer

    An outstanding trainer

    On average PDT trainers have 15 years industry experience 7 years training experience.

    Tailored training

    Focussed on you

    We always tailor activities and scenarios to be relevant to you.

    Refresher course

    Refresher Course $0

    In-House and Public Class participants are welcome to join a public class in the same topic for 12 months.

    Price coaching

    1/2 Price Coaching

    We all know the importance of reinforcement, so we'll come back within 90 days of the original course 1/2 price.

    Confidence of booking

    Acclaimed Provider

    The confidence of booking with an acclaimed multi national training company.

    eLearning and video

    Multi-modal Reinforcement

    Support, reinforcement & extension eLearning and videos in the App.

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