Succession Planning in Tech – Digital Nova Scotia

May 2 – May 18, 2023

Tuesdays & Thursdays 1-3pm (Via zoom)

Valued at $2,000 + HST, FREE for eligible DNS members (15 max)

Hosted by Dave Reynolds, The RUMIN8 GROUP

As companies feel the urgency to expand their team size, we see a major need to support leaders as they balance how to lead people on their teams while reaching their performance objectives. Succession planning plays a critical role in recruitment, retention, and sustainability of organizational knowledge and leadership.

This course will equip you, leaders, with the right skills to guide a team, balance KPI’s and grow the employees on your team into future roles in the company. The cost of turnover comes in multiple forms, losing an employee and having to replace them, and losing an employee that could have been the future of an organization.

This course focuses on the human side of leading people, motivation, and linking accountability to execution.

After this course, you will walk away with…

- A strong perspective on succession planning and leading the process, so everyone has clarity on their growth path
- The knowledge to go back to your organization and not just influence the growth of your team, but everyone in the organization
- A game plan to lead the leaders of your team, grow the top talent, and support retention efforts

Who’s right for this course?

If your team or company is experiencing a large amount of turnover and it’s affecting your company’s momentum, or if you’re planning to expand and want to find the path to equipping your leadership to grow and retain your top talent – this is for you.

About the Instructor

Dave Reynolds

Dave Reynolds has more than 15 years of business development experience ranging from launching and developing new products, market entry strategies, succession planning, and customized learning and development strategies for companies around the world! He works closely with executive teams to align culture and leadership, achieving transformational results . The Rumin8 Group has been working intensively on succession planning for more than five years with a diversified client base that extends globally. Rumin8 Group strives to identify the most effective organizational structure and connects this to individual and teams growth and retention plans. The Rumin8 Group equips organizations with the skills to successfully lead their teams into the future, add clarity to each employee’s role and contributions to the objectives, and build a culture that promotes knowledge retention and attraction.

The Rumin8 Group’s goal with every partnership is to be able to take them from where they are to where they want to be at any stage of business!

Requirements

To apply your organization must

If your business is not yet generating revenue from commercial activity, you may be eligible for funding if you are in an LAE identified priority sector (See Section 4.2)

Digital Nova Scotia will facilitate the funding process based on the information provided in the application below. Employees must be receiving full-time compensation while in training to be eligible for WIPSI funding. This may include employees who are full-time seasonal.

Apply Now

Step 1: Fill Out Business Eligibility Form

Download and complete the following form to confirm your eligibility for funding. Please ensure all fields are filled correctly prior to submitting, organizations who participated in the program last year can contact us for their previous forms for reference if needed.

Download Form

Step 2: Submit Paperwork

Send in your completed form to be reviewed.

Step 3: Wait for Eligibility Confirmation

Please give us at least 3 – 5 business days to respond to your email with your eligibility. Should we require any additional information, we will follow up with you. Note, space is limited, and submitting a form does not guarantee you a spot within the program. We encourage all interested organizations to apply as soon as possible.

Have Questions?

Please contact Emily van den Hoogen at emily@digitalnovascotia.com

Course FAQ

[ click on a question to view the answer ]

What will the training cover?

Design and Create a Succession Plan
- Learning outcomes:
  1. What role succession planning plays in the success and growth of an organization
  2. Identifying risks and opportunities in your organization design
  3. Linking all levels of the organizational and a path to the top
  4. Succession Planning Blue Print
Talent Management
- Learning outcomes:
  1. Know the skills inventory in a company
  2. Measurement of talent
  3. Career development planning
  4. How to “Train your replacement” – system for promotion and backfilling ■ Link technical skills with Human Skills
Implementing the Succession Plan
- Learning outcomes:
  1. Define OKR’s for Succession
  2. How to create a succession planning team
  3. Implementing a mentorship/coaching program
  4. Rhythm for measurement and monitoring
  5. Get ownership over the process with each person involved
  6. How to make succession a company wide activity
Leadership Development & Knowledge Management
- Learning outcomes:
  1. How to establish leadership development principles and foundations
  2. How leadership guides the succession planning process
  3. SOP’s for Succession
  4. Having a body of knowledge for current and future roles
  5. Connecting the Succession “X” for preparation and opportunity
Scaling
- Learning outcomes:
  1. Scale through internal growth programs
  2. People investment for employee optimization
  3. Retain top talent through career clarity and growth opportunities
  4. Human Capital Management techniques to grow people at the same speed as technology