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.
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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
Rothwell & Associates, Inc.
- Distinguished Professor, The Pennsylvania State University
- Named Global Lifetime Achievement Award Winner by Penn State University
- Specialist in organization development and change
- Delivered more than 2,000 professional talks in 15 nations
- 20 years of full-time HR experience in multinational business and in U.S. government
- 42 years of experience in the HR field
- Published 154 books on HR (look up his work on Amazon)
- Member of the Society for HR Management, Association for Talent Development, and OD Network
- Named Lifetime Achievement Award Winner by the OD Network
- Given the Distinguished Contribution to Workplace Learning & Performance Award by ATD
- Ph.D., M.B.A., M.A., and B.A. degrees
- Can be contacted at [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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