* this course is not eligible for the CPD Advantage Discount
This course will be delivered in two parts:
October 21, 8:30 am-12:30 pm and October 23, 8:30 am-12:30 pm
Over the course of two half days, you will participate in an interactive workshop to help you understand the drivers and prepare for succession planning in your organization. During this workshop, you will review:
Day 1 (October 21) – Foundations & Financial Impact of Succession Planning (Building a Case with a Cost & Value Driven Approach)
- The Cost of Turnover vs Investing in Your Team
- Succession Planning Framework
- Leadership Criteria for Future Success
- Risk Analysis – Where are You Vulnerable?
Day 2 (October 23) – From Strategy to Execution with Risk Mitigation (Building Sustainable Systems for Leadership Continuity)
- Successor Selection & Readiness Assessment
- Risk Analysis – Prioritizing Action
- Knowledge Transfer & Development Planning
- Action Planning & Accountability
Learning Objectives
By the end of this interactive workshop, participants will:
- Understand the true cost of turnover versus investing in current talent.
- Learn how to create and implement a people-first succession strategy.
- Identify leadership gaps, successors, and key development opportunities.
- Conduct a risk analysis to prioritize critical roles and potential vulnerabilities.
Content
Topics include:
- Succession Planning Workbook (Leadership Criteria, Successor Matrix, Action Plan)
- Employee Lifetime Value (ELV) Calculator for cost-benefit analysis
- Risk Prioritization Heat Map for critical roles
- Practical tools for evaluating, developing, and retaining future leaders.
At the end of this workshop, you will get access to a platform where you can review and download micro-learning accessories relevant to what you learned in the workshop. These accessories may include videos, interactive exercises and/or tools and templates to download.
Instructor: Dave Reynolds