Over 20 years of experience



Business Succession Planning




This price of this class is for up to 15 participants.  The class to be taught at your location.  All classes purchased can be taken for up to one year after purchase.  Bulk discounts will apply.  Please call for details.

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.


Workshop Objectives

Research has consistently demonstrated that when clear goals are associated with learning, it occurs more easily and rapidly. With that in mind, let’s review our goals for today.

At the end of this workshop, participants should be able to:

  • 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, and evaluate and adapt goals and plans.
  • ​Characterize success.
 Course Outline

Module One: Getting Started

  1. Workshop Objectives

Module Two: Succession Planning Vs. Replacement Planning

  1. What is Business Succession Planning?
  2. What Is Replacement Planning?
  3. Differences Between
  4. Deciding What You Need
  5. Case Study

Module Three: Preparing for the Planning Process

  1. How to Set Parameters for the Planning Process
  2. Should You Establish a Committee?
  3. How to Gather Operational Data
  4. Case Study

Module Four: Initiating Process

  1. Develop a Mission Statement
  2. Develop a Vision Statement
  3. Choosing to Be a Mentor
  4. Case Study

Module Five: The SWOT Analysis

  1. Identifying Strengths
  2. Identifying Weaknesses
  3. Identifying Opportunities
  4. Identifying Threats
  5. Case Study

Module Six: Developing the Succession Plan

  1. Prioritize What the Succession Plan Will Address
  2. Set Goals and Objectives
  3. Develop a Strategy for Achieving Goals
  4. Draft the Plan
  5. Case Study

Module Seven: Executing the Plan

  1. Assign Responsibility and Authority
  2. Establish a Monitoring System
  3. Identifying Paths
  4. Choosing Your Final Approach
  5. Case Study

Module Eight: Gaining Support

  1. Gathering Data
  2. Addressing Concerns and Issues
  3. Evaluating and Adapting
  4. Case Study

Module Nine: Managing the Change

  1. Developing a Change Management Plan
  2. Developing a Communication Plan
  3. Implementing the Plans
  4. Providing Constructive Criticism
  5. Encouraging Growth and Development
  6. Case Study

Module Ten: Overcoming Roadblocks

  1. Common Obstacles
  2. Re-Evaluating Goals
  3. Focusing on Progress
  4. Case Study

Module Eleven: Reaching the End

  1. How to Know When You’ve Achieved Success
  2. Transitioning
  3. Wrapping it All Up
  4. Case Study

Module Twelve: Wrapping Up

  1. Words from the Wise


There are no reviews yet.

Be the first to review “Business Succession Planning”

Your email address will not be published. Required fields are marked *