Succession Planning
How You Will Benefit
As dynamics in the work world continue to change, it is an increasing reality that employees no longer stay with the same organization for decades, but move from company to company chasing better opportunities and increased job satisfaction. Therefore, it is important for companies to be aware of the needs of their top-performing individuals and continue to challenge them. It is also important to establish a succession plan to replace employees if they decide to leave, or need to be dismissed.
According to a Career Builder study which surveyed over 2,600 hiring managers, 32 percent said top performers had left the organization within the year. Another 39 percent expressed concern that they would lose more top performers the next year. And perhaps rightly so. The same survey asked employees when they are looking to leave for a better opportunity, and 1 in 4 responded they would leave within the next two years.
This course will give you the tools to regain positive momentum after an important employee leaves, and teach you how to create a pipeline of new talent and potential leadership. As a result, you will be able to guide development activities of key employees, bring selection systems, reward systems, and management development into alignment with the process of leadership renewal, and avoid major transition setbacks.
Course Objectives
Successful completion of this course will increase your ability to:
· Identify high-potential employees
· Conduct a gap analysis to identify current and future needs
· Develop a cadre of successors at several levels
· Use employee development plans (EDPs) as a tool for leadership development
· Consider individual results and adherence to values in your assessment of high-potential employees
· Identify pitfalls of poor planning or no planning
· Measure, evaluate and refine your succession management program
Key Topics Covered
This course explores the following subjects in depth:
· Benefits of actively managing succession planning
· Mistakes that contribute to poor succession planning
· The old and new principles of succession planning
· Leadership development strategies and coaching
· Developing your action learning experience
· Competency identification and implementation process
· Assessing alternatives to internal development
***Please Note***
Session Registration & Payment
- All attendees must be registered and paid for the session. Registration for each person in the room is mandatory regardless of whether the session is held onsite or virtually.
- Due to exchange rate complications, all pricing is in USD regardless of the class location.
- Eventbrite fees include a charge of $0.99 per transaction plus a small credit card processing fee.
Session Materials & Requirements
Materials – All necessary class materials will be provided. Virtual sessions will include free digital-only materials for the pre-registered attendee.
Virtual Sessions:
- A functioning camera and microphone are required for participation.
- Please ensure these are working prior to the event.
Onsite Sessions:
- A valid photo ID is required upon check-in.
- Registration ticket is not needed.
Cancellation, Refund, and Transfer Policy
- Cancellations, refunds, or transfers must be completed no later than 10 business days before the class date.
- Substitutions of attendees from the same company are permitted up to the morning of the class.
- Weather Cancellations – In the event that Honda is forced to close due to weather conditions, any on-site class that starts the day of a plant closing will be rescheduled. To find out the operation status please call the phone number listed on your registration confirmation or one of the numbers below.
Communication
- You will receive an email reminder from Eventbrite 24–72 hours prior to your class. If you do not receive this confirmation, please contact us immediately as your class details may have changed.
*All policies are subject to change; please review them prior to each session.