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Succession Planning or transition to non-owner based management can be a difficult task if not handled correctly. It requires a change in the way business culture is viewed.
MYBRIDGE will provide advice to organisations that find themselves grappling with these challenges.
MYBRIDGE has vast experience in helping companies manage periods of transition. The move from the 'Maverick Leader', the innovator who created the company as it is today, to a new form of Corporate Leadership is vital to the ongoing success of the company. Attempting to 'duplicate' the Maverick Leader in the next generation of leadership is almost impossible. The attributes that many Maverick Leaders possess are specifically suited to companies going through the initial building phase. Mature companies need a fresh set of skills that will allow the company to grow and thrive in a totally new environment.
The Baby Boomer Generation is rapidly moving towards retirement and planning for the next stage of management is vital. The future success of your company depends on you getting the transition right, first time!
When addressing key issues during a period of transition, the importance of ongoing leadership is often overlooked. MYBRIDGE can work with the business owners to assess the leadership skills within the organisation and help instigate a Leadership Development Program as an important part of Transition Planning.
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Our company, started in 1993, was experiencing problems with growing past a family owned business to one that could be managed. Cultural issues within the company were ongoing and staff moral low. This was affecting performance and impacting on the results of the company. MYBRIDGE identified the issues and put in place a plan to take the company forward.
Six months on we have a healthy growing culture and have employed more staff. The results are coming in and improvements are showing in all levels of the business. During this time Mybridge not only assisted in staff development, but mentored us as owners and expanded our understanding of business and what it takes to make it work.
I look forward to continue working with Mybridge for their insight and knowledge on business and their never ending ideas on how to improve on what we already do.
Joanne Woodbridge
Hallmark Business Sales
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