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Transition Management

Today is my second day of my 90 days “Extreme Me” Challenge.

“Why are you Doing this Challenge?” would you ask.

Let’s say that Christmas is 84 days away and the new year 89 days away.

The end of the year is always a really tough time for me personally. While I love the holiday season it can also be a really stressful and chaotic time especially this year.

The last three years have been very tough and stressful and demanding.

In 2016, shortly after being laid off, West Corporation shutting down its Omnipod division after losing the customer to the competition, I was diagnosed with advanced phase 3 colon cancer and was given 3 months to live if nothing was to be immediately done about it.

Accordingly, my knee surgery replacement was delayed and I immediately started radiation and chemotherapy. Then, this was surgery, removal of a major part of my rectum, wearing a bag and removal of the bag. While all prognostics were favorable for the next 6 months, having lost control of my anal sphincter, I was shitting in my pants and shitting the sheets on a regular basis.

Then, it was 2017 when I ended up to the Kingston General Hospital Intensive Care Unit on two occasions. The first one when I ended up fully dehydrated and the doctors had to perform what they did call “Dehydration Resuscitation” and a second time where surgery had to be urgently performed due to a severe cholangitis.

2018 was not a better year.

All year long I had to go to the hospital for follow ups and I was running out of money. Above everything else, I had to deal with a very chagrined and depressed life partner.

2019 was even worse.

On January 17th 2019, due to negligence and incompetence of my so-called surgeon, following a failed laparoscopic gallbladder removal, once again, between life and death, I was ending up in the Kingston General Hospital Intensive Care Unit only to be released from the hospital on April 27.

Yes, indeed, the last few years of my life were not the best of my life.

Following my release from the hospital last April, I had to deal with a major loss of income. Being physically impaired, no longer being able to manage dockings, I had to resign myself to sell my boat. I then had to deal with an N12 Notice and move from a very big house to a very small house. And, all of this while still having to deal with a still very chagrined and depressed life partner.

You are Still Wondering Why I’m Doing the Challenge?

Let’s say that I do not give up very easily. I am a huge fan of positivism and setting new big scary goals and I need, to turn my life around now.

Desperate times call for desperate solutions.

They say it takes 30 days to build a new habit. So, in times where things are getting very chaotic, giving myself 90 full days to reinvent myself can really help me stay on track and take me into the new year prepared to chase down my dreams.

The “Extreme Me” 90 days challenge is all about finishing the last 90 days of this year strong and starting a new life.

Tomorrow Starts Today

Tell me, what is your challenge?

JMD

 

Subscribe to “The Empower Yourself “Extreme You” 90 Days Facebook Challenge Page

to tell me more about you and learn more about the 90 Days “Extreme You Challenge” and how it could improve your life.

 

Michel Ouellette JMD, ll.l, ll.m

JMD Systemics

Systemic Strategic Planning / Crisis & Reputation Management

Skype: jmdlive

Web: JMD Systemics Bunkumless Services | JMD Systemics.com | JMD Systemics Online |

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

Follow JMDlive on:

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Book a Virtual Business / Situation Assessment Call with JMD

 

Starting October 1st
A Radical Personal and Professional Transformation Project
Turning Your Life Around | How to Stay Relevant in a Fast-Changing World

When things are bad, it is the best time to reinvent yourself

Why waste valuable time?

What if you could instantly improve your life, step up, stand out and kick ass, bounce back from failures, speak your truth, embrace your quirks, and have a lot more fun along the way?

What if you could instantly change the focus of your company to be customer centered, operationally excellent, and results driven? What if that change organically grew from within?

What if it took only 90 days for you to see the results?

For years, I have been looking for ways to escape the vicissitudes of my life and to become Who I Always Wanted to Be, Who I Was Meant to Be.

For years, I always wanted to escape all the vaticinators of my life and stop believing in all their lies and egotistical and narcissistic aspirations. Unfortunately, for years, I have been living the dreams of my father, the dreams of my mother, the dreams of a malevolent society, the dreams of the churches, the priests, the false prophets of all confessions only to lose myself in all their lies, illusions and delusions.

I was not going anywhere and, today, I am still not going anywhere. Mea Culpa, Mea Culpa, Mea Culpa! I love a good challenge and it is now time to take personally charge of “My Life”. It is time to turn “My Life” around and be “The Person I Always Meant to Be and live “A Life of My Own”. Keep reading and see if you want to join me to share with me and the world the reason(s) why you wish to take the 90 Days “Extreme You” Challenge and tell me and the world everything about your roadblocks and progress.

It is “Now” time to do it. I have to do it!

Starting October 1st, I will be telling you more about the “Extreme You” 90 Days Challenge and I would love to share and hear from you. I would love to learn more about you, your personal concerns and challenges, about your own goals and dreams.

Subscribe to “The Empower Yourself “Extreme You” 90 Days Facebook Challenge Page

to tell me more about you and learn more about the 90 Days “Extreme You Challenge” and how it could improve your life.

JMD

Michel Ouellette JMD, ll.l, ll.m

JMD Systemics

Systemic Strategic Planning / Crisis & Reputation Management

Skype: jmdlive

Web: JMD Systemics Bunkumless Services | JMD Systemics.com | JMD Systemics Online |

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

 

Follow JMDlive on:

Twitter, FacebookFightback, Pinterest, Tumblr & Instagram

Book a Virtual Business / Situation Assessment Call with JMD

 

Real change and organizational improvement only occurs with repetition over a number of weeks.
Organizations are not static and changes such as new rules and regulations, problematic customer requests, or software upgrades if not communicated well can produce uncertainty and lead to disengagement. In these and related circumstances organizations are asked to adapt, perform and influence most often without providing clear roles and responsibilities, update processes and training.
To understand where the “disconnects” are, JMD Systemics uses assessments to pinpoint areas for improvement and help to determine your best possible path forward.
Real change and organizational improvement only occurs with repetition  over a number of weeks. Contact us to discuss how our organizational solutions are designed to provide you and your teams with a clear roadmap to help you develop plans, processes and grow your business.

JMD

Book a 30 minutes “FREE” Virtual Business / Situation Assessment Call with JMD

JMD SystemicsA division of King Global Earth and Environmental Sciences Corporation

JMD Systemics is a premier, full-service crisis management and communications firm serving business owners, corporations, businesses, non-profit organizations, individuals and governmental clients  worldwide.​
Headquartered in Bath, Ontario, our firm’s principal has over forty years of field experience providing crisis management, strategic communications, public affairs and public relations counsel to clients facing a broad spectrum of issues and daily challenges

Kingston, ON, December 18, 2018SSTM [Strategic Systemic Transition Management] is a top performer in both execution performance and overall customer satisfaction. SSTM is a premier provider of Transition Management Services for businesses and business owners.

Highlights of the SSTM results in the 2018 survey include high rankings in:

  • Percentage of “Extremely Satisfied” Clients
  • Performance vs. Benchmarks
  • Overall Client Satisfaction

SSTM 2018 Transition Management Survey identified several trends resulting of increased transparency in the industry. Reasons for utilizing a Transition Management Firm are shifting. In 2017, the top reasons were: manager performance and fund restructuring. In 2018, most respondents indicated they used transition management services for asset allocations or to change manager personnel.

The survey also showed there have been fewer principal trades and more hybrid trades, whereas last year, principal trades surged. With an ageing population and a forever increasing cost of life, more and more people are now concerned with securing their financial future and the financial future of their family.

Emotional intelligence and transparency issues are now a general concern.

SSTM, as an agency-only provider with a reputation for strong customer service and operational excellence, is well-positioned to take advantage of the trend toward greater transparency.

JMD

For more information on SSTM, please call (613) 449-3278.

Is your future and the future of your family secured?

Why do I need a formal business transition plan?
A formal business transition plan puts your goals, priorities and strategies in place for a successful transition to face the future. Without a clearly defined plan, business owners are leaving their personal and financial future to chance.

I am not sure I am ready to transition out of my business. How do I know when the time is right?
Transitioning out of your business is all about setting and reaching goals. Have you accomplished what you set out to do with your business? Do you have dreams of doing things other than running your current business? Answering these questions will tell you if the time is right to implement a formal business transition plan.

I know my business better than anyone else; why shouldn’t I handle my transition plan and process myself?
Business and personal transition are a complex and personally time consuming and challenging processes that are very difficult to handle by yourself and get it right. Most transition processes involve emotional, fiscal and risk management issues requiring a team of professionals familiar with these areas to take care of them.

Who are the experts on a transition team?
Depending on what phase you are currently in, any of the following professionals may be involved: Accountants, Certified Financial Planners, Lawyers, Business Consultants, Business Brokers, Bankers and so on. To achieve a successful transition plan, all the work required from all the professionals involved shall be coordinated by a Corporate Strategist Expert well familiarized in all the activity fields involved.

Why do I need a transition team?
Simple: you want to maximize your assets. You need experts in every area to help you get the most cash for yourself and your business. Using a transition team will cut down on the enormous amount of time you would otherwise have to spend planning, marketing, talking, negotiating and working to find a potential buyer or partner who might otherwise end up walking away. Unless you have been through a merger, acquisition or divestiture, transition planning and execution are unlike anything you have ever done before.

Why shouldn’t I hire an investment banker or any single professional to handle my transition process?
Other than SSTM, there is no national firm or individual that handles every aspect of a business or personal transition process. And if you have cost issues, you should do a comparison.

Where can I find these experts?
Even if you have an accountant, broker or financial advisor, they may not be uniquely qualified to assist you with the transition. You need experts focused on business transitioning. SSTM will work with you and your team of trusted advisors to identify and provide you with the best choices for each expert.

What information do I need to prepare for my transition?

  • Financial documents:
    • A minimum of five years of financial documents
    • Audited financials for three years
    • Pro-forma sales and cash flows for two years out
    • Three years of taxes
    • Company insurance documents
    • Personal financial information (account statements, complete copies of federal and state tax returns, estate documents)
  • Customer lists (shows history of longevity)
  • Vendor lists and relationships
  • Operational systems and procedures for everyone and every part of your business
  • Legal corporate documents
  • Contracts with vendors, suppliers, customers and clients
  • Intellectual property rights and assets

How long does it take to complete a successful transition process?
Typically, depending on your goals, expectations, the nature and size of your business a successful transition process may be completed inside a time-frame of SIX months to FIVE years.

What if I have already completed some parts of the process?
SSTM can become involved at any point of your transition. Our experts will review the work you have already completed, provide recommendations and take the necessary actions to keep or get you on the right track. Even if you have completed your transition, our certified financial planners can help with wealth management.

How do I get started?
The four phases of proper business transition planning are:

  1. Pre-Sale Phase
  2. Positioning for Sale
  3. Transaction Phase
  4. Wealth Management

Following the above Four Phases of a Successful Business Transition Plan, SSTM uses the following process to guide you through your transition.

  • Data gathering
  • Initial Expert Team Consultation
  • Selection of your team
  • Creation and Execution of the Transition Plan
  • Successful completion of the transaction
  • Wealth management system put in place for a secure financial future

SSTM, helping companies successfully complete business transitions.

JMD

J. Michael Dennis is a former attorney, a Trial Consultant, a Trial Scientist, Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.