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FA027 – BUSINESS SUCCESSION PLANNING (BSP)

Management Development CoursesAugust 24, 2020finetadmin

To introduce to the senior management and board members the issues of executive succession planning in maintaining competitive advantage and sustaining corporate performance and growth. It also provides the board of directors with a framework of a basic succession plan in their companies.ose.

Subject Description
Objective To introduce to the senior management and board members the issues and practice of executive succession planning in maintaining competitive advantage and sustaining corporate performance and growth. It also provides the board of directors with a framework of a basic succession plan.
Methodology Topical discussions, self reflection, scenario analysis and Q&A sessions.
Audience All senior managers and top management team. Board members are recommended to participate.
Duration 2 days

COURSE CONTENT

Subject Description
Overview of succession planning
  • The case for succession planning
  • Key positions in succession planning
  • Responsibility for succession planning
Scope of succession planning
  • Position analysis
  • Forecasting future needs
  • Developing succession strategies
  • Monitoring programme effectiveness
Developing the succession plan
  • Setting organizational climate
  • The dream team
  • Identifying the key positions
  • Searching future replacement leaders
  • Leadership development programme
Implementing the succession plan
  • Corporate policy
  • Communication strategies
  • Continuous plan evaluation
Conclusion and review

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  • GENERAL FINANCIAL INTELLIGENCE
  • ESSENTIAL SKILLS FOR BANKING
  • MANAGEMENT COMPETENCY
  • BUSINESS IMPROVEMENT
  • PERSONAL EMPOWERMENT

About FiNET

Financial skills are fundamental to business success. Financial skills are part of business competency today. These skills range from the basic ability to read and understand financial reports to budgeting and investment feasibility assessment to the ability to manage corporate cash flows and implementing cost control.

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  • GENERAL FINANCIAL INTELLIGENCE
  • ESSENTIAL SKILLS FOR BANKING
  • MANAGEMENT COMPETENCY
  • BUSINESS IMPROVEMENT
  • PERSONAL EMPOWERMENT

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+ (603) - 2116 5926
+ (603) - 4260 41992
training@finetglobal.com
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