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In this world, change is inevitable. And when it comes to business, the trend of change is even more evident in all aspects. With time, the workforce of any company faces many changes; some are minor, while others are major. Employees are sometimes getting promoted to a different role or changing their companies. And the change of leadership is also certain in any organization over time. All these changes can either make or break a business. So, on which side of the spectrum you want your business to be in? 

Handing over your role to someone else is inevitable at some point in your work life. So, it is crucial to implement the necessary factors that would help using the change in your company’s advancement. This is where Business Succession Planning kicks in. Business succession planning strategies are some systematic approach where one plans the transfer of his power and roles to another person. These strategies are implemented in such a way that the company gets the maximum possible benefit from it. Without proper Business Succession Planning, the stories of huge business empires facing its demise are not unknown. 

Key Features of This Course

  • Learning in-depth about the importance of business succession planning.
  • Evaluation of the process of business succession.
  • Understanding the key factors that influence one`s business succession planning training.
  • Setting goals in accordance with SWOT analysis.
  • Know about the importance of mentoring the potential replacement beforehand.
  • Discussion of the business succession planning strategies with the team.
  • Ways of drafting plans, assigning, and managing projects, assigning responsibilities to the potential replacement candidates. 
  • Knowing the importance of re-evaluation and setting new goals in times of any obstacle.
  • Maintaining effective teamwork to ensure all-round development of the corporation even during a crisis.

Aims of The Course

After finishing the course, our students would be able to,

  • Understand the importance of Business Succession Planning
  • Implement the proper Business Succession Planning training to the employees
  • Strategize according to the requirements for utmost success
  • How to be prepared to tackle any
  • Lastly, they would succeed in keeping up the goodwill of their respective enterprises

Why Choose Skill Express?

  • Instantly accessible CPD Accredited certificate on successful course completion
  • 24/7 access to the course for lifetime
  • Developed by qualified professionals with updated resources
  • Full Tutor support on weekdays (Monday – Friday)
  • No hidden fees or exam charges

Overview

In this modern era of industrialization and urbanization, companies are growing with time. And change is a part of any growing organization. On needs to pass on their roles no matter how minor or major the role is. And what takes to make this line of succession success is proper business succession planning strategies. This course is designed to  solely accelerate the development of your business. Even when you are going through some of the crucial changes, be sure to implement the strategies accordingly. 

This course focuses on helping the businessmen understand the importance of proper business succession planning. The secret techniques and strategies that some of the biggest and most successful companies are unravelled in our course. You can have a clear idea of the proper planning that needs to be done beforehand. And also, in managing the inevitable changes, your role in highlighting the situation is the main emphasis of our course.

Who Should Take This Course?

No matter how small or large your company is, our course is fulfilling in such a way that you would get the best possible outcomes by following our course. Especially, the investment planners, wealth advisors, Financial consultants and planners can reap high benefit from our course on Business Succession Planning. In the long run, by adopting our strategies and plans, anyone who would enrol in this course would get 100% fruitful results.

Assessment

After completing the course successfully, you will be required to pass an automated, multiple-choice questions test which will give you the instant result once you finish the exam. And you can get all of these in a one-time payment!

Certification

After completing the course, you will be eligible for a PDF Certificate which will cost only £2.99, with your unique ID number so that you/ the employers can verify through our website. You can also have your imprinted certificate delivered via post. Although there is no expiry date on the certificate, we recommend that our learners renew the certificate every twelve months

Course Curriculum

Business Succession Planning
Module 01: A Need for Succession Planning 00:05:00
Module 02: Defining a Succession Plan 00:10:00
Module 03: Organisational Chart 00:04:00
Module 04: Identifying Resources and Analysing Risks 00:15:00
Module 05: Defining Roles, Responsibilities, and Functions 00:14:00
Module 06: Gathering Information 00:05:00
Module 07: Forecasting Needs 00:14:00
Module 08: Putting the Plan Together 00:19:00
Module 09: Putting the Plan into Action 00:07:00
Module 10: Evaluating and Reviewing the Plan 00:13:00
Module 11: Your Action Plan 00:05:00
Mock Exam
Mock Exam – Business Succession Planning 00:20:00
Final Exam
Final Exam – Business Succession Planning 00:20:00

Course Reviews

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