Succession planning is the process of replacement or transition planning of leadership positions and critical roles. It involves identifying future candidates based on their projected capability to grow beyond their current role. Many boards are entrusted with ensuring a succession plan for their key leadership positions, particularly the CEO position. Succession planning is important; when done effectively, it can increase the success rates of executives, leaders and other critical positions in the organization.
In this course participants will learn the steps involved in developing a succession planning process and the organizational best practices. The participant will gain knowledge of how succession planning fits into the employee life cycle and how to identify critical positions. The course will also present evidence, predictors of leadership potential, special considerations, common dilemmas and material on CEO succession planning. Finally, participants will learn how to evaluate the succession planning process.
In the course, participants will build the capability to:
Tools: This course gives participants access to tools and worksheets, including:
Assessment: Each course includes an end of course assessment (quiz) and assignments to gauge learning and opportunity to practice the skills. To promote learning, participants receive feedback on right and wrong answers, as well as, guidance for reviewing the relevant sections of the course.
Discussion Boards: All participants will have access to the community board on this topic. The discussion boards can be used to post questions, start a new discussion or seek clarification from a mentor.
Other Learning Activities: Participants will have access to games, flashcards, glossary, bibliography developed to engage with the content in a fun way and assist with learning.
An interactive 3.5+ hour online course with case studies, assignment, tools, and activities.
Access duration for one course is one month. If purchased as part of a certification package, access duration is set by the package plan.
Participants who complete the interactive lesson and pass the course quiz will earn a certificate of completion.