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Overview

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. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio, as it is not the expected absences that can cripple a company, but the unexpected ones. 

Whether it is preparing someone to take over a position of leadership in a corporation, or the sole proprietor of a small business, Business Succession Planning will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on the responsibilities of leadership so that the company thrives in the transition, is just as important as picking the right person for the job.

Why you should Attend

• Avoid Poor Leadership Transitions: Attending this webinar will equip you with the knowledge to avoid pitfalls and ensure a smooth transition
• If you are a Family Business, Protect Your Legacy: "Imagine the uncertainty your family and employees will face if your business is left in limbo. Don't leave your legacy to chance-this webinar will show you how to create a clear, actionable succession plan that secures the future of your business"
• Stay Ahead of the Competition: "In a rapidly changing market, competitors can exploit any sign of weakness during a transition period. Learn how to safeguard your business from unexpected threats by attending this crucial webinar on succession planning"

Areas Covered in the Session

• 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
  

Who Will Benefit

• Business Owners
• HR Leaders
• Manpower Planning Leaders
• Succession Planners