Corporate Succession Planning
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Corporate Succession Planning

This course offers a step by step process to develop a strategy to effectively transfer responsibilities.
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
0 students enrolled
Last updated 8/2017
English
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Current price: $10 Original price: $50 Discount: 80% off
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Includes:
  • 1.5 hours on-demand video
  • 2 Articles
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Recognize the importance of planning for succession
  • Explore how to address the objections to proceeding with the mission
  • Explore how to develop a seven step process to accomplish the mission
View Curriculum
Requirements
  • Prerequisite: Finance leadership experience
  • Advanced Preparation: None
Description

One of the reasons why talented financial professionals do not advance within their organizations is because there is no one to succeed them. Effective Succession Planning mandates a proactive, deliberate process in developing a path to identifying a qualified successor to take over responsibilities.

This course offers a step-by-step process in developing a strategy for an effective transfer of responsibilities, well in advance of a promotion, to enable a seamless transition. The thorough completion of the exercises will ensure that the participant has a jump start in this process, and the promise of a bright future for the successor.

Who is the target audience?
  • Anyone interested in human resources, management skills, or related fields.
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Curriculum For This Course
9 Lectures
01:39:27
+
Introduction
7 Lectures 01:39:25


Succession Planning Steps: 1 - 3
10:20

Step 4: Scrub Applicants
13:04

Step 5: Offer Package
03:01

Step 6: Orientation and Conclusion
09:46

Succession Planning Continuous Play
49:41
+
Supporting Materials
2 Lectures 00:01
Slides: Succession Planning
00:00

Succession Planning Glossary/Index
00:00
+
Review and Test
0 Lectures 00:00

Review Questions: Succession Planning

Review Questions
3 questions

FINAL EXAM: Succession Planning

FINAL EXAM
5 questions
About the Instructor
Illumeo Learning
4.4 Average rating
291 Reviews
1,315 Students
234 Courses
Condensed and Efficient Courses for Busy Professionals

Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.

Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

Mac Martirossian (Illumeo)
4.0 Average rating
5 Reviews
21 Students
4 Courses

Born and raised overseas, Mac immigrated to the United States at the age of 13, speaking three languages. He graduated with honors from Long Island University’s School of Professional Accountancy and spent 12 years of his career with the New York and Dallas offices of Price Waterhouse, first in audit and then management consulting.

Mac has served as the Chief Financial Officer of two publicly traded companies, transitioning his career to positions of greater responsibility in General Management, Operations, and Sales and Marketing, globally on five continents. Most recently, he served in Senior Finance and Operations executive roles at the home services division of The Home Depot. He started MThree Advisory Services in December 2009, now serving clients in five states.

Mac has served on various for-profit and non-profit boards, as a Director and Chairman, including Treasurer and Chairman of the Finance Committee at the Center for the Visually Impaired.

He is a member of the American Institute of Certified Public Accountants, and the National Speakers Association, and an avid speaker on Finance and Leadership matters.

 

Experience

Managing Director : MThree Advisory Services, LLC - [2009-12 to Current]
Own and operate an Advisory Practice focused on growing revenues profitably, through three revenue channels--Management Advisory, Investment Banking and Training and Development.

Director of Field Operations : The Home Depot, Home Services - [2004-01 to 2008-11]
General Manager with full P&L responsibility, reporting to the Business Unit President. Led seven direct reports for the sale and installation of roofing, siding, windows and ancillary products, accounting for $300 million in sales and $56 million in profits.

Executive Vice President – Pacific Rim PRG-Schultz, International - [1996-01 to 2004-11]
General Manager with full P&L responsibility, reporting to the President & COO.  Led turn around of troubled markets in a region that had significant future growth potential, in Asia, the Pacific, Japan and South Africa. • Implemented leading technology solutions that improved operational effectiveness by reducing cycle times between 25% and 50%, which resulted in improved DSO and reduced payrolls. • Enhanced EBITDA by $2.4 million, reversing from losses in prior years, by increasing revenues and reducing operating costs. • Increased revenues by $1.6 million through existing as well as new revenue channels in Asia, the Pacific and South Africa. • Launched business operations in Japan, a new international market, followed by business development activities with local sales professional, resulting in two new clients, Toys R Us and Seiyu/Wal-Mart.

 

Education

Bachelor of Science, Accounting and Finance : Long Island University-C W Post Campus - [1972 to 1976]