Eventually, businesses succumb to competitive forces or owners eventually “time-out” in their role by choice or by circumstance. Ultimately, every business owner will exit their business. Given the inevitability of this journey, an owner must balance the dual challenges of preparing for the transition from their role as owner and leader while continuing to manage and build long-term enterprise value. No wonder it can feel surprisingly lonely at the top.
To navigate these dual obligations, owners must be able to view the growth potential of their business from the “inside-out” and the perceived “outside-in” financial risk of that same business to an investor or future buyer. Balancing these needs is a big part of Your Ownership Journey™.
Roundtable Framework™ – Assessment
Roundtable Framework™ – Scorecard
The Scorecard is a self-assessment designed to reveal how your business will perform absent your current contribution as the leader. You should regularly assess your business from the perspective of an outside investor. The assessment helps identify issues you must address now to lower company specific risk and continue building the intrinsic value of your business.