/ What really happens during business transition?

Knowledge Base Article
Article Type: Informational
Author: Bibi M

What really happens during business transition?

Business Transition

What is transition?

A period of intensive growth when an organisation goes through more changes than others experience in a lifetime.

How to transition successfully?

By giving up a proportionate amount of “the old” and welcoming novelty, “the new”. Changing the old patterns, behaviours and attitudes will help you experience a true sense of re-birth and re-invent yourself into a more mature organisation.

What happens during transition?

  • Change triggers – you receive signals that a major change is required for successful and evolutionary adaptation. You are unaware of these signals because you are not ready yet to recognise that “the way things used to be” needs changing.
  • Loss of balance – your resources – time, people, money – are out of balance.
  • Crises – you start to experience problems and pain caused by giving up cherished notions and “the old” ways of doing and looking at things.
  • Longing for the past – you desire things to be the way they used to be, but they cannot. You are unwilling, or unable to suffer the pain of giving-up the outgrown. You start to cling, often forever, onto the old patterns of thinking and behaving, failing to negotiate to any crisis. You ascribe the crises to irrelevant factors.
  • Resistance – the process of giving up is interrupted: the crises are prolonged, resulting in chronic crises, causing your business either to shrink, fail or be dissolved.
  • Intervention – your desire for relief from this situation repels you to seek intervention to help you complete the process of giving up “the old” and welcoming “the new”. Our role is to help you complete the giving-up process that has already begun.

> How ready are you for change? <

RECENT KNOWLEDGE BASE ARTICLES
Why your financial goals don’t seem to get completed? (and how to go about it)
Opportunity
Finding “True North”: How to tell if an opportunity is pulling you in the direction of more money?
More money
How to stay open to all possibilities for making more money in your business?
Solution focused
How to stay solution-focused when you are losing money?
financial goals
Identifying “True North”: How to define your financial goals with certainty?
How to find cash to cover your shortage?
Top 5 business money habits to free yourself from financial worries
How to re-write the financial future of your business?
Why are the BMIM Cash Flow tools the Google Analytics for cash, profit and business value
How to tell if someone is ‘making’ you or ‘losing’ you money in your business?


(+44) 020 36018475