Implement a succession planning strategy that will prepare your organization for key personnel changes that will occur in the future.

Explore the process of developing a succession plan that is focused on leadership continuity, improved knowledge sharing, and transitioning people into critical roles. Gain a deeper understanding of succession planning and its importance to an organization while emphasizing conditions for success. This topic will also explore the nuances of succession planning in a family-run business.

Identify building blocks and plan for personnel gaps as you work through the process for establishing a succession plan that is aligned with an organization's strategic plan.

Key Leaarning Outcomes

• Understand and apply the best practices of succession planning.
• Identify the building blocks necessary to implement a successful succession planning program.
• Identify where potential personnel gaps and risks exist in your organization.
• Learn the four steps to succession planning.
• Understand how to conduct a risk analysis.
• Know how to identify high-potential employees.
• Learn techniques for the development of high-potential employees.
• Understand how to monitor the succession process for strategic value to your institution.
• Review the challenges of implementing a succession plan.
• Understand the role and opportunities technology provides in the succession planning process.
• Develop an action guide to begin implementing a succession plan.

This course is part of the Strategic Human Resources Management Program.

Continuing Education Contact Hours: 7