Livingstone - Business Consultants

How is the loss of a key person prepared for?

If your board is heavily dependent on a few crucial people whose sudden departure would cause a crisis for your company, you may be seeking ways to mitigate this risk. This tutorial will take you through the potential options and consequences so that you will be able to play a major part in decisions to protect against such a serious risk.

You should purchase this tutorial if:

  • You are concerned some key people are reluctant to share their knowledge
  • You are unsure how a board can insist on the evaluation of the potential loss of key people
  • You realise that knowledge of critical processes in the business is reliant on just a few people whose loss who be extremely serious
  • The board of directors you are on is looking to improve its protection against the risks of the loss of a key person

This tutorial will teach you:

  • How to review the processes that are crucial to the survival of the business
  • What types of solutions can be considered for the possible loss of key people
  • Possible ways of developing a plan to reduce the impact of the loss of key people
  • How to develop a process for the board of directors to review its effectiveness in preparing for this risk
  • Why it is important for boards to mitigate this risk

After you finish this tutorial you will be able to:

  • Make a significant contribution to board discussions to prepare for key people loss
  • Mentor other directors to help their understanding for this risk also
  • Help your board to adopt good practice to cover this risk

For multiple use rights of our solutions including associated policies we have packages of 5 tutorials inclusive of initial training available. The investment is NZ$6,000.00 plus GST.

The investment for single use rights of this tutorial solution is NZ$620.00 plus GST  and for the each policy by itself is NZ$120.00 plus GST. Supportive training is an additional investment above the individual pricing of the tutorial solution or policy.

Please contact us to discuss your needs so we can ascertain that they will be met by the individual tutorial you are purchasing.

PRICE: $620.00 excluding GST

GOT QUESTIONS?

If you aren't sure if this tutorial is the right one for you, please feel free to send us an email and tell us about your current situation. We'll send you a reply within 24 hours and let you know if it's the right one for you, and if not, which tutorial would better solve the issues you're currently experiencing.

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