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Preparing for the Unexpected Departure of Key Employees: An Introduction to Replacement Planning

Gain an understanding of the key components of effective replacement planning.

Fewer than 40 percent of U.S. organizations, public or private, have functioning replacement plans in case of the disastrous loss of key people to death, disability, sudden resignation or the potential threatened loss in hostage-taking situations. Replacement planning is not the same thing as succession planning or talent management, though many organizational leaders confuse them. This topic helps you understand the key components of effective replacement planning and its value as a starting point for succession planning and talent management. It also helps you realize what can happen to your organizations if you do not have a functioning, operational replacement plan in place at all times.

96 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Introduction

  • Overview
  • Objectives

Making the Business Case for Replacement Planning

  • Terms
  • Conceptual Relationships
  • Approaches
  • Persuading Others of the Need

Getting Started on Replacement Planning

  • What Replacement Planning Is and How It Differs From Succession Planning
  • How Replacement Planning Works
  • Replacement Planning for Knowledge
  • Replacement Planning for Relationships
  • Developing People as Replacements
  • How Succession Planning Works
  • How Talent Management Works

Conclusion

  • Summary
  • Final Questions and Answers
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on July 16, 2020.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William J. Rothwell, Ph.D., SPHR, SHRM-SCP, RODC, CPTD Fellow

William J. Rothwell, Ph.D., SPHR, SHRM-SCP, RODC, CPTD Fellow

Rothwell & Associates, Inc.

  • Distinguished Professor, The Pennsylvania State University
  • My specialty is Organization Development and Change
  • 20 years of full-time HR experience in multinational business and in U.S. government
  • Taught HR topics at a major university for 32 years
  • Conducted consulting for over 50 multinational companies and countless other organizations
  • Published 154 books on HR (look me up on Amazon)
  • Member of the Society for HR Management, Association for Talent Development
  • Ph.D., MBA, MA, BA
  • [email protected]
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 407758
Published 2020
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