Never put your business in the hands of one person or a select few. People leave. People die.
The loss of valuable leadership may cripple a company. Business succession planning is essentially preparing successors to assume vital leadership roles when the need arises.
At the end of this course, participants will learn 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