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Interim Management
Most businesses find senior leadership roles empty from time to time, whether through reorganisation or simply through organic change. Securing a new leader who is a good fit for the business is not always easy and this often means that a leadership gap can continue for many months. If leadership support is available to ensure continuity and momentum during this transition, senior management can have the comfort they need to search and if necessary wait for the best possible candidate for the role.
Ignya can help by:
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Temporarily assuming leadership roles until the best internal or external candidate has been secured
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Supporting and mentoring teams during a leadership gap with a focus on maintaining productivity
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Identifying potential new leaders from within the existing team
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Supporting and mentoring new leaders as they get up to speed
Please click on each service to see more details.
M&A and Integration Support
A merger or an acquisition is an exciting and challenging time. Bankers, financial partners and legal advisors are all in place. Everyone agrees with the rationale. Despite this level of support and enthusiasm, many deals do not go smoothly. After a deal is done, integration is often difficult to manage effectively.
Many derailments during M&A and complications during integration can be avoided by ensuring that all negotiations are rigorously business-led. Having a business leader spearhead and drive the process gives the M&A initiative the best chance of long-term success.
Ignya can help by:
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Running a completely impartial scoping exercise to ensure that a strong business rationale exists before M&A begins
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Running a rigorously business-led M&A process to avoid the risk of participants being consumed by ‘deal fever’
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Asking the right questions at the right time during due diligence in order to keep momentum in the process
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Ensuring that there is a solid plan to integrate and run the new business efficiently from the outset
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Taking on temporary leadership roles during integration to make sure the transition is a success
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Innovation and Start-Up Development
The ability of a business to grow depends upon its capacity to innovate and deploy new ideas successfully. This is as relevant to large corporates as it is to start-up entrepreneurs.
New business concepts should be nurtured but should also be challenged. Stop/go deadlines must be set and although these are difficult decisions they must be weighed carefully and decided dispassionately. Clear and effective communication of the vision, strategy and investment case is especially critical. If the business idea is a cherished personal project, it may be easier to bring in a third party to provide a practical and honest second opinion on the core concept, potential benefit and risk.
Ignya can help by:
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Working alongside the client to clarify, challenge and support the business idea right from inception
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Enhancing and optimising the communication of business concept to stakeholders, partners or investors
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Planning the progression of the business from concept to launch
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Dispassionately sense-checking and risk assessing business plans
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Ensuring that a solid launch strategy and support plan is in place
Please click on each service to see more details.
Crisis Management
A business in crisis draws significant attention and time from senior management. It can be distracting and demoralising for all involved. Decisive action is often called for.
Setting a new path for the business takes a fresh perspective and an objective appraisal of the options. It may be easier for the team and the management to bring in an independent third party to quickly identify the issues at hand and effect the necessary change.
Ignya can help by:
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Assessing the scale of the issue and suggesting options for resolution
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Working with existing team members to galvanise them into action and come up with alternative approaches
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Working with senior leadership to assess various exit/pivot options and make recommendations
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Working with senior leadership to plan and implement these courses of action
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Honing communication of both the issue and resolution plan in order to secure buy-in and build confidence
Please click on each service to see more details.
Leadership Support
Business life is often frantic and stressful offering little time for reflection and observation. Often the most important strategy papers are written on short deadlines. The constant need to deliver today’s results can leave little opportunity for long-term growth planning or reflection leading to self improvement.
Taking a small amount of time to review direction, hone communication and question strategy can pay substantial dividends for senior leaders and for the business. The involvement of an impartial, straight-talking third party helps to speed up this process and re-energise thinking.
Ignya can help senior leadership by:
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Challenging accepted strategies and helping to formulate new ones
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Helping to clarify ideas and make them easier to communicate and to secure buy-in
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Honing and stress-testing critical pitches
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Offering practical operational second opinions