Business Succession Planning For Dummies


The fast and easy way to get a handle on business succession planning

While the demand for effective managers continues to grow, the retirement of baby boomers is producing a sharp decline in the ranks of available management personnel. In addition, the executives of the future are expected to be more sophisticated in order to develop and lead new global and technological initiatives. For these reasons, strategic and often long-sighted succession planning for the eventual replacement of managers at all levels has reached a critical level.  Business Succession Planning For Dummies aids managers, human resource professionals, and upper management in cultivating and retaining their existing employees to ensure the availability and capability of persons to assume leadership roles in the future. In plain English, it prepares business owners to ask the difficult questions when it comes to developing a working succession plan for their business’s key positions. This book also offers information on how to retain and train personnel within an organization so that a more seamless transition can be made when senior leader or other important personnel retires or leaves the organization.

  • How to retain and train personnel for a more seamless transition
  • Easy-to-follow guidance on developing a working succession plan
  • Tips to create a plan to save time, money, knowledge, and clients by hiring from within

Business Succession Planning For Dummies| Arnold Dahlke (Author)| For Dummies  

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Table of Contents

Introduction 1

Part I: What Is a Succession Plan, and Why Do You Need One?
Chapter 1: Sowing the Seeds for Long-Term Success
Chapter 2: Why Succession Planning Matters
Chapter 3: Pinpointing the Right Type of Plan for Your Organization

Part II: Creating a Plan and Putting It into Action
Chapter 4: Preparing the Plan: Six Steps to Success(ion)
Chapter 5: Implementing the Plan
Chapter 6: Evaluating the Plan’s Implementation
Chapter 7: Overcoming Obstacles in Implementing Your Plan

Part III: Diving Deeper into Succession Planning
Chapter 8: Covering Key Positions in Your Succession Plan
Chapter 9: Figuring Out What You Need in a Successor
Chapter 10: Identifying and Developing Successors within Your Organization
Chapter 11: Aiming for a Smooth Transition

Part IV: Keeping the Succession Ball Rolling
Chapter 12: Making Great Exits
Chapter 13: Maintaining Your Plan in Today's Changing Workplace

Part V: The Part of Tens
Chapter 14: Ten Mistakes That Sabotage Succession Plans
Chapter 15: Ten Ways to Keep Your Succession Plan Alive






Written by IISCM

Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited specialising in supply chain management consulting and education. IISCM trains and certifies SCM professionals in procurement, supply chain management, inventory, and warehousing.

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