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.
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.
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.
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
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
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
ACAD Training & Consulting uses the power of its network to bring about positive, tangible change. We champion the training courses profession and the interests of individuals, engaged in that profession, for the benefit of all. ACAD Professional Certificates are designed for those who are enthusiastic to challenge themselves to reach the extra mile. Participants who fully attend an APC course and successfully pass the exam on the last training day, will receive an ACAD Professional Certificate (APC). APC are regionally recognized and can be esteemed when applying for more senior roles in Egypt and MENA region.