Business Succession Planning ? Developing and Maintaining a Succession Plan

$54.38

In stock

SKU: EC113289 Category:

Description

Change is unavoidable in businesses in the modern economy. The workforce is constantly changing – people come and go, switch departments within the company or get promoted to new roles. This leaves costly gaps that can be detrimental to business progression and resources.

Succession planning will help you make the most out of any staff or departmental change by ensuring a plan of action so that when someone leaves, there is a capable new member of staff to take their place.

What’s Involved in Succession Planning?

The key to succession planning, and why it will help in your company, is down to being able to identify and growing talent to fill business-critical positions in your workforce in the future. It has evolved into a popular modern method for organisations of any size to implement and manage the gaps in their staff.

Succession planning helps to maintain responsibilities and offers advantages to both employers and employees alike. It ensures that a business can maintain a certain level of productivity, while giving employees more responsibility, helping them to enhance their value and identify skills, developmental opportunity and experience for when the next opening arises.

KEY LEARNING POINTS

  • 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

ADVANTAGES OF THIS COURSE

  • Cope with a departing member of staff by implementing a business succession plan into your organisation.
  • Extracurricular resources given so you can build further on your newfound knowledge.
  • Transferable skills through any organisation.
  • Use your transferable skillset in any organisation of any size.

Additional information

Exams Included

No

Course Type

Online Course

Expiry Date After Purchase

1 year

Device Processor

1 gigahertz (GHz)

RAM Required

1 GB

Operating System

iOS, Mac OS, Windows 10, Windows 7, Windows 8

Browsers

Google Chrome, Internet Explorer 8 or above, Mozilla Firefox, Safari 6 or above

Compatibility

Android, iPad, iPhone, Mac, Windows

  1. Upskilling for staff or those seeking employment in courses relevant to your profession is key. It will help you secure your next job or acquire more skills for promotion. This will give you an edge over other applicants or competitors.
  2. Companies should also support upskilling their staff
  3. Once we receive payment (Cleared Funds), we will issue you a username and password via your email address.
  4. Ease of use – You can study for this course anyplace, anywhere, anytime – 24/7/365 days.
  5. For courses where Exam(s) / assessment(s) are included in price, certificates are issued immediately online once you pass the exam.
  6. You may re-take the assessment if you fail as many times as possible before the expiry date.
  7. You can always download and print your certificate as many times as possible before the expiry date if the course do have a certificate (please check additional information tab to confirm).
  8. All our courses last for 6 months to a year before it expires after purchase. Some courses do not expire at all. Please check additional Information for appropriate expiry date
  9. No need to cancel social meetings or rush due to traffic for a webinar. Study at your own pace.
  10. All our courses are accredited and designed by professionals in United Kingdom – They are all UK accredietd courses.
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