The most critical thing for every organization is to be well prepared for the future which cannot happen without having proper succession planning in place. Lack of succession planning can decrease employee’s performance, increase turn over, create negative impact on revenue and become difficult for the organizations to survive with future competition.
This highly participative program will enable the participants to develop effective succession planning skills and teach them the practical methods for implementing successful succession planning in their organizations.
Who Should Attend
- Line Managers/ Senior Managers
- Training Managers
- Training Heads
- Learning and Development Professionals
- Human Resources Mangers
- Organizational Development Professionals
- Any one who wants to learn about succession planning
Key Learning Objectives
At the end of the training, the participants will be able to:
- Understand the important steps to effective succession planning.
- Learn the reasons why succession planning often fails.
- Overcome the challenges of succession planning.
- Identify successors for key positions.
- Formulate strategies for attracting, retaining and developing skilled individuals
- Develop future leaders from within.
- Identify the competencies needed for specific key positions
- Increase retention rate of identified successors.
- Prepare detailed development plan of potential successors