Transitions happen! Is your company ready?
Transition readiness is a core competency that enables a company to survive and thrive through impactful changes.
Business transitions are risky at best. Failure rates exceed 50% for ownership changes. Other kinds of change also have eye-raising failure rates.
At Corporate Insight Strategy, we believe those losses are avoidable. Our tools show you how to improve your odds of success.
We contrast where you are today with where you want to be tomorrow. We also have data letting you compare yourself with other businesses.
The products in our TRaX™ Suite are give you a solid look at your non-financial risk factors.
Our work will lead you and your team to a deeper understanding of company achievement in the following areas:
- Executive Leadership
We also offer TRaX Culture ™ for clients who want a better understanding of their cultural alignment.
Companies are best prepared to navigate the ever-changing business climate when procedures are well-documented and employees are purposefully trained to do their work.
Transition ready companies invest time in documenting their own internal best practices. Moreover, they regularly examine current processes to ensure:
• service to current strategic objectives, and
• fit to current market conditions.
Companies with higher degrees of transition readiness run more efficiently. Their rate of chaos and rework is lower. Provable transition readiness is a significant asset at the deal table. Or—for companies still in growth mode—it may simply mean the CEO can take a vacation without worrying about work the entire time.
Because scoring high in just one area does not create the risk mitigation that your company needs, we encourage our clients to strive for a balanced company-wide degree of readiness.
How important is transition readiness for your company?
Click here to schedule a free personal consultation to discuss your specific concerns about transition readiness.
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