BTC

Strategic Succession Planning

Course Details

When

Start: 22 Nov 2023
End: 23 Nov 2023

Where

Dubai
United Arab Emirates

Strategic Succession Planning

Strategic succession planning is an art. It is challenging because it requires human resources to go through everyone in the organization to find the best match. Another reason it is challenging is the potential long-term effects on the business if the HR staff chooses the incorrect candidate without recognizing it. However, if a firm had ongoing strategic succession planning for the organization’s top positions, the HR team will make fewer mistakes in choosing the right candidate for future replacement. This course can give participants an in-depth understanding of many important components of strategic succession planning to aid in developing and carrying out a comprehensive succession planning process to establish a larger pool of future leaders across all departments and levels.

Course Outline

Introduction to Strategic Succession Planning
• Value of Strategic Succession Planning
• Significant parties involved in the succession planning process
• Difference between Succession Planning and Succession Management



Important Steps for Succession Planning
• Determine future client or business requirements
• Determine important jobs and skills.
• Pick promising applicants.
• Choose and put into practice the best training and development strategies.
• Observe and assess
 
Finding prospective leaders
• Important positions
• High achievers and high performers
• Evaluating each person’s potential
• Top tips for managing high potentials more effectively
• Process characteristics for identifying, nurturing, and retaining high potentials
 
Challenges during the process of strategic succession planning
• Recognizing possible roadblocks to the succession planning process
• Important errors to avoid while conducting succession planning
 
Strategies for Retaining Talent in the Process of Succession Planning
• Retaining talent and future successors is crucial.
• Initiatives to involve talent in many fields
• Communications programs that increase employee engagement
• Employee Connects as a technique for retaining talent
• Competitive Benefits and Compensation
 
Internally developing successors
• Making a case for succession planning and management in the workplace
• Launching the program for thorough succession planning and management
• Enhancing the plan
• Evaluating individual job performance and the current work needs
• Determining the demands of the job market and each individual’s potential
• Creating the individual development plan
 
Evaluating the effectiveness of strategic succession planning
• Case studies of succession planning from diverse sectors and industries
• Various techniques/metrics that are used to assess the success of the Strategic Succession Planning process
 
Training Method

The training will be conducted in a friendly, inclusive and professional atmosphere, which is conducive for different learning styles, but respects each attendee as an individual and ensures each one is challenged and ensures each individual is challenged and achieve maximum benefit from the course. Our goal is that attendees will be highly engaged and encouraged to be participative.

Book your place

Strategic Succession Planning
22 Nov 2023 – 23 Nov 2023
Location: Dubai