IATA Certified Courses
Business Succession Planning
- 15 (Registered)

Course Overview
The loss of valuable leadership can cripple a company. Business succession planning is
essentially preparing successors to take on vital leadership roles when the need arises. It is
essential to the long-term survival of a company. Every company should have a form of succession
planning in its portfolio as it is not the expected absences that can cripple a company, but the
unexpected ones.
Whether it is preparing someone to take over a position of leadership in a corporation, or the sole
proprietor of a small business Business Succession Planning will teach you the difference between
succession planning and mere replacement planning. How you prepare people to take on the
responsibilities of leadership so that the company thrives in the transition is just as important as picking
the right person for the job.
Objectives
• Define business succession planning and its role in your company.
• Lay the groundwork to develop a succession plan.
• The importance of mentorship.
• Define and use a SWOT analysis to set goals.
• Create a plan, assign roles, and execute the plan.
• Communicate to develop support and manage change.
• Anticipate Obstacles and evaluate and adapt goals and plans.
• Characterize Success
Curriculum
Module One: Getting Started
Workshop Objectives
Module Two: Success Planning vs Replacement Planning
What is Business Succession Planning?
What Is Replacement Planning?
Differences Between
Deciding What You Need
Module Three: Preparing the Planning Process
How to Set Parameters for the Planning Process
Should You Establish a Committee?
How to Gather Operational Data
Module Four: Initiating Process
Develop a Mission Statement
Develop a Vision Statement
Choosing to Be a Mentor
Module Five: The SWOT Analysis
Identifying Strengths
Identifying Weaknesses
Identifying Opportunities
Identifying Threats
Module Six: Developing the Succession Plan
Prioritize What the Succession Plan Will Address
Set Goals and Objectives
Develop a Strategy for Achieving Goals
Draft the Plan
Module Seven: Executing the Plan
Assign Responsibility and Authority
Establish a Monitoring System
Identifying Paths
Choosing Your Final Approach
Module Eight: Gaining Support
Developing a Change Management Plan
Developing a Communication Plan
Implementing the Plans
Providing Constructive Criticism
Encouraging Growth and Development
Module Nine: Managing the Change
Developing a Change Management Plan
Developing a Communication Plan
Implementing the Plans
Providing Constructive Criticism
Encouraging Growth and Development
Module Ten: Overcoming Roadblocks
Common Obstacles
Re-Evaluating Goals
Focusing on Progress
Module Eleven: Reaching the End
How to Know When You’ve Achieved Success
Transitioning
Wrapping it All Up
Module Twelve: Wrapping Up
Words from the Wise
Instructor
Inspire Training Academy is one of the premier professional training institutes in Qatar, India, Nepal, UAE,Spain and opening its doors soon in Pakistan and Srilanka. INSPIRE Training Academy is your training partner for Management, Hospitality, Aviation, HSE, Security, Soft Skills, IELTS and APTIS preparation, Corporate trainings, Travel & Tourism, Cyber Security, Maritime, Business and Life Coach, Cargo & Logistics ,IT and MS office and Retail Management.