Available Delivery Methods
In-person workshop: 150 CAD (plus tax)
Online virtual classroom: 120 CAD (plus tax)
Online self-paced study: Available in Training Center
(Taxes are not applicable for clients outside of Canada)
Group Registration
A 10% discount is available for group registrations of more than 10 participants.
Course Duration
1 day
Course Description
The unexpected loss of key leadership can significantly disrupt an organization’s stability and growth. Business Succession Planning is a strategic process that prepares future leaders to step into critical roles, ensuring continuity and long-term success. Every organization, regardless of size, should have a succession strategy in place, as it is often the unanticipated absences that pose the greatest risk.
This course equips participants with the tools to move beyond simple replacement planning and develop a robust succession framework. Whether for a corporate executive role or a small business owner, participants will learn how to identify, prepare, and support potential leaders to ensure a smooth transition and sustained organizational performance.
Course Objectives
- Define business succession planning and its role in your company.
- Lay the groundwork to develop a succession 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, evaluate, and adapt goals and plans.
Course Outline
- Succession Planning vs. Replacement Planning
- Preparing for the Planning Process
- Initiating Process
- The SWOT Analysis
- Developing the Succession Plan
- Executing the Plan
- Gaining Support
- Managing the Change
- Overcoming Roadblocks
- Reaching the End
Note: The course outline is subject to change to reflect emerging practices and can be tailored to your organization’s specific needs.