KnowledgeCity

Succession Planning

Learn how to develop an effective succession plan
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Course: On-Demand
Advanced  Provider Mike Cheng  7 chapters ·  24 Lessons ·  1h 4m  in Arabic, German, English, Spanish, French, Portuguese, Chinese Simplified 

Certifying Organizations

What You'll Learn

  • Distinguish between a succession plan and a replacement plan
  • Implement succession planning priorities and best practices into your business
  • Measure and identify employee potential and build a viable talent pool
  • Close development gaps through career planning, mentoring, and development meetings
  • Create your own change management plan and give effective feedback to developing employees
  • Overcome common obstacles by re-evaluating goals, assessing progress, and defining what success looks like

Key Takeaways

  • Succession planning is a comprehensive approach to preparing an organization for staffing changes, covering mentorship, talent management, business strategy, feedback, and closing development gaps.
  • A succession plan differs from a replacement plan, and the course teaches learners to recognize that distinction.
  • Effective succession planning involves matching a candidate's training and experience to the job description and finding someone who shares the company's values and fits its culture.
  • Managing succession planning well can reflect positively on an organization's growth, retention, and revenues.
  • By the end of the course, learners will have developed their own succession plan and a change management plan that includes giving and receiving team feedback.

Frequently Asked Questions

What does this Succession Planning course cover?

It focuses on mentorship, talent management, business strategy, giving feedback, gauging progress, and closing development gaps, covering succession planning priorities and best practices, measuring employee potential, building talent pools and the leadership pipeline, career planning and mentoring, change management, and overcoming common obstacles.

What is the difference between succession planning and replacement planning, and does the course explain it?

Yes. One of the learning objectives is to learn the difference between a succession plan and a replacement plan, and a dedicated lesson compares succession planning to replacement planning.

What will I be able to do by the end of this course?

You will understand succession planning and have developed your own succession plan, along with a change management plan that includes facilitating time to give and receive feedback so the team performs toward its short- and long-term goals.

Does the course help with finding the right candidate?

Yes. It helps you match a candidate's training and experience to the job description and find a candidate who possesses a positive attitude, shares the company's values, and fits into the company culture.

How is the course structured?

It is organized into lessons spanning an introduction, the importance and objectives of succession planning, talent management and business strategy, drafting a strategy, measuring employee potential, closing development gaps, change management, feedback, and overcoming obstacles, with multiple Test Your Knowledge checkpoints and a conclusion.

Professional Certifications and Continuing Education Units (CEUs)

HR Certification Institute® (HRCI®)

Recertification Credits: 1.25

Certification Program Categories:
HR GeneralBusinessCaliforniaGlobal

This Program has been pre-approved for (Number of recertification credit hours & credit type) toward aPHR®, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®).