Topic 1

Succession Planning Vs. Replacement Planning

• What is Business Succession Planning?
• What is Replacement Planning?
• Differences between Succession and Replacement
• Deciding what you need

Topic 2

Executing the Plan

• Assign responsibility and authority
• Establish a monitoring system
• Identifying paths
• Choosing your final approach

Topic 3

Preparing for the Planning Process

• Should you establish a committee?
• How to gather operational data

Topic 4

Gaining Support

• Gathering data
• Addressing concerns and issues
• Evaluating and adapting

Topic 5

Initiating Process

• Develop a Mission Statement
• Develop a Vision Statement
• Choosing to be a mentor

Topic 6

Managing the Change

• Developing a change management plan
• Developing a communication plan
• Implementing the plans
• Providing constructive criticism
• Encouraging growth and development

Topic 7

The SWOT Analysis

• Identifying Strengths
• Identifying Weaknesses
• Identifying Opportunities
• Identifying Threats

Topic 8

Overcoming Roadblocks

• Common obstacles
• Re-Evaluating goals
• Focusing on progress

Topic 9

Developing the Succession Plan

• Prioritize what the succession plan will address
• Set goals and objectives
• Develop a strategy for achieving goals
• Draft the plan

Topic 10

Reaching the End

• How to know when you’ve achieved success
• Transitioning
• Wrapping it all up