C018 — Business Succession Planning

Module One: Getting Started
• Icebreaker
• Housekeeping Items
• The Parking Lot
• Workshop Objectives
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
• Review of Parking Lot
• Lessons Learned
• Completion of Action Plans and Evaluations