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We’ve often used the old phrase “things take twice as long and cost twice as much” when describing market adoption of new products to our clients. The same holds true for the synergies companies announce at the times of their deals. The fog of enthusiasm later becomes impatience.
There are other transition risks. These often materialize as undone work, customers ignored, new initiatives that are delayed, executives unavailable to direct their workers because they are tied up doing transitional “things.” New budgets, new forecasts, and especially, new staffing plans take time away from running the business.
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