Succession Planning

New Anglia Growth Hub can help your business access a range of business support services from hundreds of sources. The hub’sIMPARTIALservice is fully funded and provided at no cost to your businessand can help you access grants, finance, international trade support, skills, training and a range of other specialist advice from single point of contact.OurBusiness Growth Adviserscan talk with you over the phone or via Microsoft Teams or Zoom, or you can request a free appointment at your business premises.Our Business Support is available to all SMEs throughout Norfolk and Suffolk (UK).To get the most out of the service, call our local business support helpline:0300 333 6536Email: info@newangliagrowthhub.co.ukFollow us onTwitterandLinkedIn

New Anglia Growth Hub ERDF

A three hour workshop to discuss how to implement succession planning into your business and the benefits of doing so

Running a business/organisation or a team requires the help of others. Sooner or later others will take your position, so why not set out plans to identify and develop the individuals you think will be most suited to take yours or other senior positions?After all, the more trained and skilled your workforce or team becomes the greater the productivity and higher likelihood of success. Training and development involve not only building on the technical skills of an individual, but more importantly, it is about transcending them to become good leaders and managers. So it is important to ensure that they develop skills that will allow them to interact effectively with others and develop strategies and action plans that would inspire people to follow. Building a strong second-tier management team will release you from having to be involved in the day-to-day activities and instead spend more time on other matters.In this workshop, we will help to provide you with:- A framework for a succession plan - The “softer” leadership and management skills required for good leaders and managers - The characteristics of the best candidates - A development plan for each individual - How to get individuals to take ownership of their development - A process to create a culture for development - How to Identify your future roleTopics covered will include:- Importance of succession planning - What skill sets to focus on - Development of a succession plan- Development of the individual’s growth programme - Appraisals and how they should be used- Recruitment of the right people - Rewards systems Join us in this interactive workshop to set out your plans and learn from each other.FAQsI would like to book for more than one person from my company?Due to the popularity of these events, we are only able to allow one person per company to attend. However, please email ellie.read@newangliagrowthhub.co.uk, if you wish a colleague to attend as well and if we have cancellations we will notify you immediately in a first-come, first-served basis to offer another ticket.What are my options for getting to and from the event?These events will be virtual until we are able to move to physical events again when restrictions are lifted and it is felt safe and sensible to do so.How can I contact the organiser with any questions?Please email ellie.read@newangliagrowthhub.co.uk if you have any questions or queries.What will be done with the information I supply?Your information will be stored on Eventbrite according to Eventbrite terms and conditions. Upon arrival you will be required to sign in on our attendance sheet, to provide evidence of your physical attendance, state aid and feedback form for the event, and if we are missing of the key data, such as company name, address contact number a form to collect this missing information. This will be kept on the server as evidence for our ERDF funding for the length of the contract evidence requirements. After your attendance will be stored on the secure Growth Hub CRM system. This is required in order to provide evidence of your attendance and eligibility for the course. This will be kept to the statutory dates any only accessible to Growth Programme and authorised personnel. If you request further contact from an adviser post this event they will use this information to contact you and log any future interactions, again to evidence for ERDF funding.Your information will not be given to any third parties without your permission. However we will share your details with our trainers if you tick the sign-in box next to your signature upon signing in, so they are able to contact you should you wish them to.Any paperwork completed by you for the course, you are welcome to have copies of upon request.State Aid DeclarationThis event is delivered, free of charge, to SMEs (SME is defined as an Enterprise with fewer than 250 employees and has either an annual balance sheet not exceeding £40m or Annual Turnover not exceeding £35m) other restrictions may apply. This support is being provided as de minimis aid under EC Regulation 1407/2013 (De Minimis Aid Regulation). The value of this support has been calculated as  £100.Please note: This is not a request for payment; we are merely required to notify you of the value, which will be relevant if you wish to apply or have applied for any other de minimis State Aid in the future. There is a ceiling of €200,000 for all de minimis aid provided to anyone organisation over a three fiscal year period (i.e. your current fiscal year and previous two fiscal years).This event, as with all the New Anglia Growth Hub events, is suited and intended for businesses already running and established. Please refer to courses by <a href="https://www.nwes.org.uk/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">NWES</a> and <a href="https://www.menta.org.uk/menta-masterclasses" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">MENTA</a> for courses more suited for those businesses who are pre-start or have been trading for less than 12 months

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Succession Planning

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Succession Planning

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