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Business Succession Planning – Online Course – CPD Accredited

Instant Access | Includes Assessment & Certificate | UK CPD Accredited | Instant Certificate Download


Mandatory Training Group

Summary

Price
£19.99 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
365 days
Qualification
No formal qualification
CPD
4 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

Business Succession Planning – Online Course – CPD Accredited.

Welcome to The Mandatory Training Group's online Business Succession Planning training course. All our online training courses, programmes and qualifications are accredited by the CPD Certification Service (CPDUK).

Business succession planning is all about being prepared. The loss of valuable leadership can cripple a company. Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio as it is not the expected absences that can cripple a company, but the unexpected ones.

Our online Business Succession Planning training course will show you the differences between succession planning and mere replacement planning. How you prepare people to take on leadership responsibilities is just as important as hiring the right person for the job.

Business Succession Planning – Online Course – CPD Accredited.

Study method – Online, self-paced

Estimated duration (Verifiable CPD hours) – 4 hours

Course format – Online (24/7 access)

Entry requirements – no prerequisites required

Assessment type – Complete end of course assessment (80% needed to pass and gain CPD certificate)

Certification/Qualification – Downloadable CPD certificate

Cost(s) of assessment and certification – Assessment and certification costs included in the course price

Course accreditation – CPD Certification Service (CPDUK)

Course access – Part-time (1-year access)

Course delivery – via desktop PC/MAC, laptops, tablets or smartphones.

Business Succession Planning – Online Course – CPD Accredited.

CPD

4 CPD hours / points
Accredited by The CPD Certification Service

Course media

Resources

  • Business Succession Planning - Online Training Course - The Mandatory Training Group UK - - download

Description

Course content

This online Business Succession Planning training course includes the following:

  • Module One: Getting Started
  • Module Two: Succession Planning Vs. Replacement Planning
  • Module Three: Preparing for the Planning Process
  • Module Four: Initiating Process
  • Module Five: The SWOT Analysis
  • Module Six: Developing the Succession Plan
  • Module Seven: Executing the Plan
  • Module Eight: Gaining Support
  • Module Nine: Managing the Change
  • Module Ten: Overcoming Roadblocks
  • Module Eleven: Reaching the End
  • Module Twelve: Wrapping Up

Course aims

Whether it is preparing someone to take over a position of leadership in a corporation, or the sole proprietor of a small business, business succession planning will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on the responsibilities of leadership so that the company thrives in the transition is just as important as picking the right person for the job.

Learning outcomes

The learning outcomes of this online Business Succession Planning training course are to:

  • 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, and evaluate and adapt goals and plans
  • Characterise success.

Business Succession Planning – Online Course – CPD Accredited.

Who is this course for?

This online Business Succession Planning training course is suitable for those who want to know more about how to take on leadership responsibilities.

Business Succession Planning – Online Course – CPD Accredited.

Requirements

Learn anywhere, anytime on any device

You will need access to a desktop computer, laptop, tablet or smartphone device to complete these online courses. You can start, pause/stop and return to where you left off.

Our courses utilise responsive design features, making them available on any device of your choice.

Business Succession Planning – Online Course – CPD Accredited.

Career path

Our online courses and programmes range from introductory modules at Level 1 (awareness/beginner) to advanced and expert modules up to Level 6.

Our e-learning modules count towards CPD hours for professionals in various sectors as well as meeting mandatory and statutory requirements (where relevant).

Business Succession Planning – Online Course – CPD Accredited.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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