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Business Succession Planning
Course Level 3
Study Method Online
Course Duration 200 Hrs
Start Date Ongoing
Awarding Body ABC Awards
Pay in Instalment Full Fee £ 395, Deposite £ 95, ( £ 25/month )
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Pay in Instalment Full Fee £ 395, Deposite £ 95, (£ 25/month)
you can pay Staff Training Solutions using payatrader
Course Overview

Succession Planning Training and Development

Change is a hallmark of today’s business world. In particular, our workforce is constantly changing –people come and go, and move into new roles within the company. Succession planning training and development can help you make the most of that change by ensuring that when someone leaves, there is someone new to take their place. This succession planning training will teach you the basics about creating and maintaining a succession plan.

What Will Students Learn?

  • Demonstrate an understanding of the value of succession planning for successful businesses.
  • Demonstrate expertise with the key elements of a succession plan.
  • Create and discuss aspects of a succession plan.
  • Discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.
Course Syllabus

Unit 1

Understanding the value of Succession Planning

The unit 1 covers the following topics:

  • Defining a Succession Plan
  • Strong Leaders and a Strong Organization
  • Components of the Plan
  • Success Model
  • Setting the Scope
  • Identifying Resources and Analyzing Risks
  • Developing External Successors
  • Risk Assessment

Unit 2

Elements of a Succession Plan

The unit 2 covers the following topics:

  • Defining Roles, Responsibilities, and Functions
  • Individualized Engagement Plans
  • Gathering Information
  • Forecasting Needs
  • Key Ingredients of a Successful Plan
  • Develop reliable data gathering.
  • Have senior level support.
  • Continually assess your results.
  • Coaching and Mentoring

Unit 3

Development of a Succession Plan

The unit 3 covers the following topics:

  • Putting the Plan Together
  • Putting the Plan into Action
  • Phased Implementation
  • Succession Plan Organizational Chart
  • Evaluating and Reviewing the Plan
  • Evaluation Challenges
  • Evaluation Process
  • Sample Evaluation
  • Succession Program Evaluation Checklist
  • Your Action Plan

 

Career Path

Succession planning plays a key role in many supervisory, management and HR positions. Successful completion of this course will enable you to enhance and improve your competencies in both performance management and change management. From senior management to HR supervisors to everyday members of the workforce, specialist succession-planning skills can improve both business performance and career prospects significantly.

Course Accreditation

At the end of this course successful learners will receive a Certificate of Achievement from ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme.  This means that Staff Training Solutions has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner. 

The course itself has been designed by Staff Training Solutions to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards/Certa endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met.  A review of courses is carried out as part of the endorsement process.

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

Who should take this course
  • Business owners, managers and HR coordinators
  • Anyone involved in wider workforce training and development
  • Members of the workforce looking to climb the career ladder
  • Candidates with an interest in proactive and effective change management
  • Entrepreneurs with no formal training or experience in succession planning
  • Jobseekers or those looking to switch career directions with a recognised qualification
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