Luxi

Business Succession Planning

Business succession planning is all about being prepared. The loss of valuable leadership can cripple even the strongest of companies. Succession planning is an essential component to the survival and growth of any business. Whether it is grooming employees to become leaders or preparing for an employee’s retirement your participants will identify common obstacles and how to overcome them.

Our Business Succession Planning course will show you the differences between succession planning and mere replacement planning. How you prepare people to take on leadership responsibilities is just as important as hiring the right person for the job. Every company should have a form of succession planning in its portfolio.

Participants will learn:

  • Succession Planning Vs. Replacement Planning
  • Preparing for the Planning Process
  • Initiating Process
  • The SWOT Analysis
  • Developing the Succession Plan
  • Executing the Plan
  • Gaining Support
  • Managing the Change
  • Overcoming Roadblocks
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