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Business Succession Planning

Indian : Rs.2000
International : $34
INTRODUCTION

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.

OBJECTIVE

Through this training workshop, the participants will be well versed with the concept of business succession planning and its role in a company. The understudies will be able to lay the groundwork to develop a succession plan, assign roles, and execute the plan. They will get to know and use a SWOT analysis for setting goals as well. The participants will develop the understanding of anticipating obstacles, and evaluate and adapt goals and plans accordingly.

CONTENT

Module One: Getting Started

Module Two: Succession Planning Vs. Replacement Planning

  • What is Business Succession Planning?
  • What Is Replacement Planning?
  • Differences Between.
  • Deciding What You Need.

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.

Module Four: Initiating Process

  • Develop a Mission Statement. 
  • Develop a Vision Statement. 
  • Choosing to Be a Mentor.

Module Five: The SWOT Analysis

  • Identifying Strengths.
  • Identifying Weaknesses.
  • Identifying Opportunities. 
  • Identifying Threats.

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.

Module Seven: Executing the Plan

  • Assign Responsibility and Authority. 
  • Establish a Monitoring System. 
  • Identifying Paths.
  • Choosing Your Final Approach.

Module Eight: Gaining Support

  • Gathering Data
  • Addressing Concerns and Issues
  • Evaluating and Adapting

Module Nine: Managing the Change

  • Developing a Change Management Plan. 
  • Developing a Communication Plan. 
  • Implementing the Plans.
  • Providing Constructive Criticism.
  • Encouraging Growth and Development.

Module Ten: Overcoming Roadblocks

  • Common Obstacles.
  • Re-Evaluating Goals.
  • Focusing on Progress.

Module Eleven: Reaching the End

  • How to Know When You’ve Achieved Success. 
  • Transitioning.
  • Wrapping it All Up.

Module Twelve: Wrapping Up

  • Words from the Wise.
REQUIREMENTS
  • Willingness to widen your knowledge about Business Succession Planning.
  • Ability to develop the professional skills an Employer/ HR professional requires to build future leaders.
  • A good understanding of English and computer literacy.
WHAT THE STUDENT GETS
  • Content in PDF and Powerpoint Slides Format.
  • Activities like Pre Assignment, Action Plan, Evaluation Form etc.
  • Offers frameworks for understanding key topics of Business Succession Planning.
  • Focuses on explanations of concepts, phenomena, and theories.
Frequently Asked Questions


Who is the certifying body for the courses?

After successful completion of the course, students will get certificate from Rapid Skillz jointly signed by Professor of the course.

What will I get after the completion of the programme?

As it is training oriented program, after completion you will find yourself with more confidence with increased knowledge related of this course along with Rapid Skillz Certificate.

What is the duration of the programme?

The duration of this program is 3 months.

What is the difference between classroom teaching and online course?

Classroom teaching requires physical presence of classroom and teacher, whereas distance learning courses can be studied anytime, anywhere as per your time schedule and convenience.

Can Foreign Nationals apply for the course?

Yes, anybody can apply from any part of the globe.For details of Fee Structure please contact us at info@rapidskillz.com or call at +91-9958934646

In case I am unable to take the exam will my fees be refunded?

As a policy under no circumstances will the fees be refunded to the candidate after registration.

Can I take two or more certification exams at one time?

Yes you can take as many numbers of courses at a time.

Does the exam is available only in India?

No, Exam is available all over the globe.

If I fail, what is the procedure to be followed for reappearing in the exam?

If you fail due to some reasons, you have to pay re-appear fee which is 50 % of the course fee and give your exam again.

How many attempts can I give for a certification exam?

There is no limit on re-appearance. You can re-appear by paying re-appear fee as many times you want.

When is the exam conducted?

Duration of the course is 3 months, whenever you are prepared for exams within duration of the course you can appear for exams.

What is the passing percentage?

Passing percentage is 50%.

Do you have any refund policy for this course?

We do not refund any payment. However we assure you of complete satisfaction. If you have any service related issue please contact us or mail us at info@rapidskillz.com.

What are the various options of making payment?

You can pay using Debit Card/Credit Card/Net Banking and cash cards.

Is there any option of interacting with the faculty?

Yes you have chance to interact with faculty twice in a month for 15 minutes and we would arrange a Skype call or you can get your emails answered from faculty.

What is the minimum eligibility required to get myself enrolled for the Programme?

Anybody can apply.

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Col (Retd.) Baljit Bakshi

Founder member of SAKSHAM, Col ( Retd ) Baljit Bakshi, started his career in Indian Armed Forces in Regiment of Artillery. He gained the highest qualification of a trainer, known as Instructor in Gunnery, early in his career. Always leading from front, Baljit was recommended for gallantry award for his exceptional courage and leadership qualities during Indo-Pak conflict in J & K. He took premature retirement from Army when he was at the peak of his career and was commanding an Artillery Unit. After serving the nation for 23 years, Baljit decided to join the corporate world in pursuit of his leadership qualities. He was the first serving officer from Indian Armed forces to have done 2 year full time MBA course from XLRI, Jamshedpur.

Baljit joined House of Tata in 1995 as a senior executive in one of the Tata Steel companies (Tayo Rolls Ltd), where he rose to become a key resource within the Group. Soon he was heading five of the key functions of this company, namely, HR/IR, Strategic Planning, Business Excellence, Business Ethics and Corporate Social Responsibility. He is one of the founder Senior Assessors of Tata Business Excellence Model ( TBEM ). Baljit is on the panel of Senior Assessors of CII EXIM BANK Award. He has been the Lead Assessor of ISO 9001, 2000, and a Certified Quality Analyst.

Baljit joined Ashok Leyland Ltd in 2007 as Head of HR in their Greenfield Project in Pantnagar. The project was completed in record time of less than three years.

At Saksham, Baljit designed and delivered close to 300 workshops for workers, associates, front line supervisors and managers aimed at improving quality, productivity and cost control parameters in different organisations. This is achieved through motivational and inspirational modules aimed at modulating the behavior and attitude of ground level work force. This is backed by “Personal Effectiveness” and “Performance Improvement” workshops for middle and senior management cadres.

As visiting faculty, Baljit has delivered lectures in XLRI Jamshedpur on wide ranging topics of HR, IR, Strategic Planning and General Management. As founder member of SAKSHAM, Baljit wishes to share his work experience of over four decades with a larger section of society. His knowledge and experience as a team leader, and his passion for excellence can add immense value to any organization or institution. 

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