[SSG-Funded Course] Execute Succession Planning Strategies for the Organisation
SBI250562
Overview
Succession planning is a crucial strategic imperative that underpins the long-term viability and success of any organisation. It involves the systematic identification, development, and preparation of internal talent to assume key leadership roles, ensuring seamless transitions and sustained organisational performance.
In today's dynamic business landscape, the absence of robust succession planning can have significant repercussions. For instance, only 35% of organisations have a formalised succession planning process for critical roles, despite 86% of leaders believing it's an “urgent” and “important” priority. This gap often leads to costly external hires – where 60% of executives fail within the first 18 months of being promoted or hired, and companies lose substantial market value during poorly managed transitions (some estimates suggest up to $1 trillion annually across the S&P 1500). Furthermore, 80% of employees indicate they would stay longer at a company where succession planning extended beyond leadership roles, highlighting its impact on retention and engagement.
This course is designed to equip learners with the essential knowledge and practical abilities to develop and implement effective succession strategies. Participants will explore various models, methodologies, and tools used in modern succession planning, understanding how to strategically integrate these initiatives into broader talent management programs. By focusing on alignment with the organisation’s strategic direction and priorities, this program will empower participants to build a resilient leadership pipeline that safeguards against unforeseen disruptions and drives continuous growth. Learners must complete 3 sessions as stated on those dates.
Event Detail
Minimum Entry Requirement
This course is designed for HR business partners, HR managers, talent management managers, and business owners.
To be eligible, applicants must meet the following criteria:
- Age: Minimum 21 years old and above.
- Work Experience & Background:
- Currently or previously employed in an HR or people management role.
- Applicants should declare their employment status, current or past organisations, and years of relevant experience on the registration form. This information must be genuine and current, supported by either a CV/Resume or a certification letter from the Head of Human Resources of their respective organisation.
- Academic & Professional Qualifications:
- A bachelor's degree in any discipline with a minimum of 1 year of HR or people management experience, OR
- A diploma with a minimum of 2 years of HR or people management experience, OR
- GCE 'N' Levels with at least 2 passes, including English and Mathematics, OR
- WSQ ES Workplace Literacy and Numeracy (WPLN) certification, OR
- WPLN proficiency at Level 5.
- Other qualifications will be reviewed on a case-by-case basis during the application process.
Methodology
This course will comprise of mini lectures, group discussion, skills practice and reflection.
Assessment Method
- Written Assessment – Duration: 45 mins. Assessor-to-Learner Ratio: Min 1: 6, Max 1: 20. Date of assessment: 29 October 2025, 2pm - 2:45pm.
- Case-Study Assessment – Duration: 45 mins. Assessor-to-Learner Ratio: Min 1: 6, Max 1: 20. Date of assessment: 29 October 2025, 3:00pm - 3:45pm.
Course Fee
| For courses commencing on or after 30 Nov 2022 | ||||||
| Self-sponsored | Company Sponsored (SME) | Company Sponsored (Non-SME) | ||||
| Before GST | After GST | Before GST | After GST | Before GST | After GST | |
| For Non-Singaporean/SPR | $741.00 | $807.69 | $741.00 | $807.69 | $741.00 | $807.69 |
| For Singapore Citizens aged below 40 years and PRs | $370.50 | $403.85 | $222.30 | $242.31 | $370.50 | $403.85 |
| For Singapore Citizens aged 40 years and above | $222.30 | $242.31 | $222.30 | $242.31 | $222.30 | $242.31 |
Programme/Agenda
Course Objectives
On completion of the course, the learner will be able to achieve the following learning outcomes:
- Analyse market trends and development that impact the succession planning.
- Identify feeder and successors leadership roles within the organisation.
- Develop succession planning strategies that are tailored to identify successors.
- Apply tools and techniques to review succession planning strategies.
- Synthesise succession planning as an integral component within their organisation's talent management initiatives.
- Analyse the impact of future business demands on critical roles and potential enhancement to succession planning via records and reports.
WHY SHOULD I ATTEND
This course addresses the critical need for organisations to build a resilient leadership pipeline gaining the strategies and tools to safeguard your business against unforeseen disruptions and ensure continuous growth by developing strong internal talent.
WHO SHOULD ATTEND
This course is ideal for HR business partners, HR managers, talent management managers, and business owners who are required to develop effective succession strategies that align with the organisation's strategic direction and priorities.
Contact Detail
Programme Manager: Haresh Kumar
Contact No: 6827 6857
Email: haresh.kumar@sbf.org.sg
Contact No: 6827 6857
Email: haresh.kumar@sbf.org.sg