Business Succession Planning Coursework

STUDY ONLINE WHEREVER YOU ARE!

Business Succession Planning Certification

Course Duration: 12 hours - Requisition: 28 days

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.

Career Pathway 

  • Family Business Owner
  • Consultant & Business Advisor
  • Franchise Owner
  • Patent Attorney
  • Small Business Owner
  • Solutions Manager
  • Strategic Development Officer
  • Venture Capitalist
  • Manufacturer Executive
  • Leadership & Management

Assessment

  • Case Study
  • Multiple choice questions quiz

Benefits

  • Gain quality workplace skills and experience to help launch your career.
  • Develop work-related skills and experiences that are recognized by employers. 
  • Develop independence and confidence in an adult learning environment. 
  • Gain an insight into various industry areas to help you decide on a career pathway. 
  • Potentially gain recognition for prior learning for your previous study or work.
  • High-quality course written by industry experts with easy to understand course content
  • Course materials provided online with unlimited tutor support – no textbooks to buy
  • Gain an Australian Certificate upon your successful completion of coursework (Certificate hard copy will be posted to you)
  • Course may be tax deductible - see your tax advisor

Coursework Objectives:

  • 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 Contents

Business/ Personal Development

Module One: Getting Started

Coursework Objectives

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 Two: Review Questions

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 Three: Review Questions

Module Four: Initiating Process

Develop a Mission Statement

Develop a Vision Statement

Choosing to Be a Mentor

Case Study

Module Four: Review Questions

Module Five: The SWOT Analysis

Identifying Strengths

Identifying Weaknesses

Identifying Opportunities

Identifying Threats

Case Study

Module Five: Review Questions

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 Six: Review Questions

Module Seven: Executing the Plan

Assign Responsibility and Authority

Establish a Monitoring System

Identifying Paths

Choosing Your Final Approach

Case Study

Module Seven: Review Questions

Module Eight: Gaining Support

Gathering Data

Addressing Concerns and Issues

Evaluating and Adapting

Case Study

Module Eight: Review Questions

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 Nine: Review Questions

Module Ten: Overcoming Roadblocks

Common Obstacles

Re-Evaluating Goals

Focusing on Progress

Case Study

Module Ten: Review Questions

Module Eleven: Reaching the End

How to Know When You’ve Achieved Success

Transitioning

Wrapping it All Up

Case Study

Module Eleven: Review Questions

Module Twelve: Wrapping Up

Words from the Wise

Course curriculum

  • 1
    Module 01
    • Business Succession Planning Getting Started
  • 2
    Module 02
    • Business Succession Planning Vs. Replacement Planning
    • Business Succession Planning Case Study Module 02
    • Business Succession Planning Module 02 Quiz
  • 3
    Module 03
    • Business Succession Planning Preparing for the Planning Process
    • Business Succession Planning Case Study Module 03
    • Business Succession Planning Module 03 Quiz
  • 4
    Module 04
    • Business Succession Planning Initiating Process
    • Business Succession Planning Case Study Module 04
    • Business Succession Planning Module 04 Quiz
  • 5
    Module 05
    • Business Succession Planning The SWOT Analysis
    • Business Succession Planning Case Study Module 05
    • Business Succession Planning Module 05 Quiz
  • 6
    Module 06
    • Business Succession Planning Developing the Succession Plan
    • Business Succession Planning Case Study Module 06
    • Business Succession Planning Module 06 Quiz
  • 7
    Module 07
    • Business Succession Planning Executing the Plan
    • Business Succession Planning Case Study Module 07
    • Business Succession Planning Module 07 Quiz
  • 8
    Module 08
    • Business Succession Planning Gaining Support
    • Business Succession Planning Case Study Module 08
    • Business Succession Planning Module 08 Quiz
  • 9
    Module 09
    • Business Succession Planning Managing the Change
    • Business Succession Planning Case Study Module 09
    • Business Succession Planning Module 09 Quiz
  • 10
    Module 10
    • Business Succession Planning Overcoming Roadblocks
    • Business Succession Planning Case Study Module 10
    • Business Succession Planning Module 10 Quiz
  • 11
    Module 11
    • Business Succession Planning Reaching the End
    • Business Succession Planning Case Study Module 11
    • Business Succession Planning Module 11 Quiz
  • 12
    Module 12
    • Business Succession Planning Wrapping Up
  • 13
    Business Succession Planning eBook
    • Business Succession Planning - eBook
  • 14
    Rate Business Succession Planning Course
    • Rate Business Succession Course

Our courses can be used to turn your career towards a new direction

Those who have completed courses in fields unrelated to their careers show an open and interested mind, an enthusiastic attitude and a lust for life.

Do You Have Any Questions?

We are happy to assist you in any course or bundle enquiries that you may have.

CONTACT US TODAY