Why Attend This Training Course?

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.

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What Is The Training Course Methodology?

This training course methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as theoretical lectures and/or open discussion to exchange opinions and experiences, scenarios, innovative thinking brainstorming. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets. 

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Who Should Attend This Training Course?

This training course is designed for all managers and all those are responsible for the organizational policymaking in various administrative, managerial, and leadership positions and whoever are concerned with acquiring contemporary management and leadership skills, such as self-development, change, plans and future policies.

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What Are The Training Course Objectives?

• Define business planning and its role in your company

• Lay the groundwork to develop a strategic 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 by characterising success

• Highlight the importance of strategic management and planning on product and service management

• Study and analyze the various mechanisms that contribute to good set up of strategy

• Discuss the basic requirements for applying strategic management, means of implementation and overcoming implementation obstacles and resistance to change

• Study some strategic cases that prove organizational success level 

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What Is The Training Course Curriculum?

Strategic Planning: Concept and Importance

• Overview of the main importance of strategic business planning

• Definition of what is the strategic management and means of planning

• Strategic Planning Vs. Replacement Planning

• Difference between modern strategic management and traditional management

• Strategic management used to face rapid changing circumstances

Basic Requirements for Applying Strategic Management

• Preparing for the planning process

• Back up top management

• Available advanced managerial information system

• Available provided teamwork with management, linguistic and statistical skills

• Use of Improved information systems

• Practical application: Advanced study cases

Gather Operational Data: Initiating Process

• The SWOT analysis

• Develop the succession plan

• Develop a strategy for achieving goals

• Draft and execute the plan

• Assign responsibility and authority

• Establish a monitoring system

Strategy Preparation

• Studying management philosophy

• Incentive systems and organizational culture

• Strategic vision of the organization's mission

• Surveying and studying the external environment

• Economic conditions of local and global

• Studying the social and political conditions

• Surveying technical conditions

• Devising the emerging trends as a result of studying the previous changes

• Identifying opportunities and challenges in the global market

• Practical study cases for the previous stages

Functions Performed by the Organization and Covered by the Strategic Systems

• Production - Human Resources - Marketing - Finance and other functions

• Previous results use in intensifying the organizational objectives

• Determine the available strategic alternatives

• Methods for selecting the best strategic alternative for the organization

• Managing the change       

• Develop a change management plan

• Develop a communication plan      

• Implementing the plans    

• Providing constructive criticism    

• Encouraging growth and development

Strategy Implementation: Transitioning

• Appropriate leadership selection

• Specify appropriate financial budgets

• Compose appropriate organizational culture

• Choose the organizational chart

• Identification and selection of appropriate human elements

• Common obstacles          

• Re-evaluating goals

• Focusing on progress

• Administrative board role in strategic audit