BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:2120@x8ti.com DTSTART;TZID=America/Toronto:20250224T090000 DTEND;TZID=America/Toronto:20250228T130000 DTSTAMP:20250214T191912Z URL:https://x8ti.com/event/strategic-succession-planning-training-course/ SUMMARY:Strategic Succession Planning Training Course DESCRIPTION:Introduction\n\nStrategic Succession Planning is a process for identifying and developing internal employees with the potential to assume key business leadership positions in the company.\n\nSuccession Planning in a further formal definition is the process of identifying one or more s uccessors for critical positions and preparing them for expanded organizat ional responsibilities through job assignments and other developmental act ivities.\n\nSuccession Planning increases the availability of experienced and capable employees that are prepared to assume strategic &\; leaders hip roles as they become available.\n\nThe success of every world-class or ganization can be traced back to a visible or invisible leader who possess ed world-class leadership qualities. But we can’t completely rely on a s ingle leader.\n\nThe organization should have a pool of leaders who can ta ke larger responsibilities and roles as and when it becomes available. The foundation for coping successfully with last-minute hiring surprises is S uccession Planning.\n\nOrganizational survival in a globally competitive b usiness environment depends in part on having identified and developed rep lacements/successors for business-critical positions. This is the essence of succession planning.\n\nThis Strategic Succession Planning course by Xc elerate Training Institute will provide you deep knowledge about various k ey aspects of Succession Planning so that you can design\, develop &\; execute holistic Succession Planning process to create a wider pool of fut ure leaders across departments and levels.\n\nThese added skills &\; co mpetencies will enable the HR department in helping organizations not only in surviving but also thriving in a globally competitive environment.\n\n Learning Objectives\n\n Basics of Succession Planning\n Importance of ho listic succession planning process\n Prerequisites of Success Planning\n Approach to Succession Planning &\; Management\n Choosing internal vs external successors\n Key aspects of an effective Succession Planning &a mp\; Management System\n Continuum of Succession Processes\n Succession Planning in family-owned businesses\n Obstacles to the effective successi on management process\n Mistakes to avoid in Succession Planning process\ n Measuring the effectiveness of Success Planning intervention\n\nTrainin g Methodology\n\nWe at Xcelerate Training Institute use a variety of prove n adult learning methodologies for enhancing participants overall learning experience. This program will be experiential and interactive. The tools and methodology used for learning will include presentations\, individual and team activities\, case studies\, audio-video clips &\; knowledge re inforcement evaluation tests (MCQs/Quiz).\n\nBenefits for Your Organizatio n\n\n Holistic succession planning ensures business continuity after a co mpany’s most critical people move on to explore new career opportunities \, retire\, or pass away\n Opportunity for career advancement and possibl y ownership will lead to more empowerment and higher job satisfaction amon g employees\n Ability to anticipate and respond faster to the dynamic bus iness environment &\; customer needs to maintain a competitive advantag e\n Ability to attract top talent for business-critical roles\n Availabi lity of a larger pool of talented resources across levels &\; departmen ts who can take leadership positions as and when required\n With successi on planning\, leadership and employees work towards shared vision\, missio n &\; values\n Competent &\; Skillful Workforce which ensures busin ess profits\n Culture of continuous learning and development\n Increased rate of retention of business-critical talent\n Increased level of stake holders delighted\n\nBenefits for You\n\n Gain expertise to help organiza tions in strengthening ‘Leadership Bench Strength’\n Understand the b asics and importance of Strategic Succession Planning\n Equipped with req uired knowledge and skills to design\, develop &\; execute well-defined Strategic Succession Planning approach/framework\n Understand key aspect s of an effective Succession Planning &\; Management System\n Key char acteristics of Succession Management process\n Understand the Continuum o f Succession Processes\n Know Succession Planning in family-owned busines ses\n Comprehend the best practices of Succession Planning\n Recognize & amp\; overcome obstacles to Succession Planning process\n Implement an or ganization-specific Succession Planning approach\n Improved job satisfact ion and sense of achievement\n Learn a holistic approach towards talent d evelopment\n Learn key Talent Retention &\; Engagement Strategies\n\nT arget Audience\n\n Xcelerate Training Institute recommends this course fo r:\n\n HR Business Partners\n HR Generalists\n Human Resource Managers\ n HR Leaders\n Talent Management Professionals\n Organization Developme nt(OD) Professionals\n Learning and Development (L &\; D) Professional s\n HR Consultants\n CEO’s\n Line Managers\n Organizational Leaders across industry\n Management Students\n\nCourse Outline\n\nBasics of Succ ession Planning\n\n What is Succession Planning?\n Importance of Success ion Planning\n Key stakeholders in the Succession Planning process\n Suc cession Planning Vs. Succession Management\n\nKey characteristics/framewor k of Succession Management process\n\n Various characteristics of the eff ective Succession Management process\n\nKey Steps in Succession Planning \ n\n Identify future business/customer needs\n Identify key positions and competencies.\n Select high potential candidates\n Select &\; implem ent appropriate training &\; development interventions\n Monitor and e valuate\n\nSelecting High Potential Candidates\n\n Criteria for selecting high potential Employees-Performance &\; Potential\n 9 box model (9 x 9 grid)\n Use of psychometric tools for selecting high potential employe es\n Selecting Internal Vs External talent\n\nVarious Learning &\; Dev elopment Strategies\n\n Adult Learning Theory\n Experiential learning st rategies\n Social learning strategies\n Formal learning strategies\n Me asuring the effectiveness of various L&\;D strategies\n\nSuccession Pla nning in family-owned businesses\n\n Key factors which detrimentally impa ct the succession of family-owned businesses\n Things to be followed in S uccession Planning in family-owned businesses\n\nObstacles to the Successi on Planning process  \n\n Understanding potential hurdles to the Success ion Planning process\n Key mistakes to avoid in Succession Planning proce ss\n\nTalent Retention Strategies in Succession Planning Process\n\n Impo rtance of retaining talent/potential successors\n Various talent engageme nt initiatives\n Communication initiatives for improving talent engagemen t\n ‘Employee Connects’ as a talent retention tool\n Competitive Com pensation and Benefits\n\nKey pointers to consider in Succession Planning Process\n\n Importance of individual employee career goals and objectives in the Succession Management process\n Effective communication with indi viduals who are identified as high-potentials and designated successors\n Career coaching/counseling\n Role of mentoring in developing top talent\ n\nSuccession Planning case studies\n\n Succession Planning case studies in various industries/sectors\n\nMeasuring the Effectiveness of Strategic Succession Planning Process\n\n Different methods/metrics to measure the effectiveness of Strategic Succession Planning process\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/02/Stra tegic-Succession-Planning.jpg CATEGORIES:Human Resources Management (HRM) LOCATION:Boston Training Courses\, Boston Harbor Hotel\, Boston\, USA\, Uni ted States X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Boston Harbor Hotel\, Bosto n\, USA\, United States;X-APPLE-RADIUS=100;X-TITLE=Boston Training Courses :geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:America/Toronto X-LIC-LOCATION:America/Toronto BEGIN:STANDARD DTSTART:20241103T010000 TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST END:STANDARD END:VTIMEZONE END:VCALENDAR