Business Succession Planning: Developing and Maintaining a Succession Plan

Regular price £245.00

COURSE DESCRIPTION

Level: 4/5

 Credit Value: 15

GLH: 60 hours

This course will teach you how to develop and maintain a succession plan with the SUCCESS model, which includes developing a system, identifying resources, creating risk assessments, developing action plans, implementing those plans, and evaluating the results.

Change is a hallmark of today's business world, especially in terms of the workforce. Succession planning can help you make the most of that change by ensuring that when someone leaves, there is someone ready to take their place.

Learning Objectives

After you complete this course, you will be able to:

  • Demonstrate an understanding of the value of succession planning for successful businesses.
  • Demonstrate expertise with the key elements of a succession plan.
  • Create and discuss aspects of a succession plan.
  • Discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.

Entry Requirements:

There are no formal entry requirements for this course. 

You must have an appropriate standard of English to enable you to access relevant resources and complete the unit assignments. 

Assessment

The course is assessed through continuous online assessment. You will complete several tasks including short essays, multiple choice questions and short case studies with a pass mark of 75%.  If you don't pass don't worry! You can take the assessments as many times as you need with no extra charge

What will you receive?

Upon completion of this course you will be awarded a certificate of training in Business Succession Planning: Developing and Maintaining a Succession Plan by Stratford College of Business and Management. The college is accredited by the Accreditation Service for International College (ASIC).

Other Benefits

Credits from this course may count towards achievement of ATHE Level 4/5 Extended Diploma in Management - 240 credits. This is an Ofqual regulated qualification that gives access too the final year of a UK bachelor degree in Business (or related subject).

You will need to meet the following additional requirements:

  • You must be 18 years and over
  •  There are no formal requirements for specific prior qualifications or levels of attainment but if you have recently been in education or training you will normally be expected to have either 2 or more GCE A levels and 5 or more GCSEs at grades C and above, other level 3 qualifications in relevant subjects. Alternatively, you may hold an Access to Higher Education Certificate delivered by an approved further education institute and validated by an Access Validating Agency, or other equivalent international qualifications.
  • Mature learners will normally have relevant work experience (paid and/or unpaid) with a degree of responsibility, and/or achievement of relevant professional qualifications.
  • You must have an appropriate standard of English to enable you to access relevant resources and complete the unit assignments.
  • You will be further assessed by an additional coursework assignment for each short online course. Assessment fee is £100 for each online course. 
  • To view all the short courses required to achieve the Level 4/5 Extended Diploma in Management please click here

The ATHE Level 4/5 Extended Diploma in Management gives access to the following online programmes delivered in partnership with LSM:

BA (Hons) Business Management (Awarded by Anglia Ruskin University)

BA (Hons) Marketing (Awarded by Anglia Ruskin University)

BSc (Hons) International Accounting (Awarded by University of Northampton)