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 organization if you do not have a functioning, operational replacement plan in place at all times.
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Why Lorman?
Over 38 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
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 38 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 October 23, 2023.
Call 1-866-352-9540 for further credit information.
- ASA 1.5
- This program may qualify for 1.5 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]. Please retain proof of attendance in the event your CE record is audited.
- ASAP PACE 0.1
- This course is pre-approved through the American Society of Administrative Professionals (ASAP) for 0.1 CEU(s) towards your PACE Recertification.
HR Certification Institute 1.5
- This E-Learning program has been pre-approved for 1.5 (General) recertification credit hours toward aPHR®, aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM), and SPHRi(TM) recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
SHRM 1.5
- Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.5 PDC(s) for the SHRM-CP or SHRM-SCP.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
- Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 38 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.
William J. Rothwell, Ph.D., SPHR, SHRM-SCP, CPLP Fellow
- President of Rothwell & Associates, Inc. (see www.rothwellandassociates.com), Professor, Penn State University, University Park, and owner of 6 small businesses
- His practice emphasizes all aspects of talent management and succession planning
- Conducts regular seminars on talent management, succession planning, and Organization Development
- Author of 170 books. His most recent book is about turnover reduction—Motivated to stay (2025).
- Member of Association for Talent Development and the Society for Human Resource Management
- Can be contacted at [email protected] or 814-234-6888
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More Program Information
Why Lorman?
Over 38 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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