Welcome to the Exit Readiness Simulator, a comprehensive tool designed to guide you through the three years of critical phases leading up to your company’s planned exit. Throughout this simulator, you’ll step into the role of CFO in a high growth international company and will perform all activities throughout the three-year exit readiness journey. This is modeled on a real-life business that achieved a successful shareholder exit event, guiding you through the intricacies of exit readiness planning to replicate and surpass that success.
Throughout the ongoing activities, emphasis is placed on compliance, governance, and analytics, ensuring that your operations are robust and aligned with regulatory standards. This includes implementing robust governance structures, building a virtual data room, and performing strategic tax planning. Furthermore, gathering comprehensive management information, preparing in-depth data analytics, and maximizing working capital are key components of the ongoing strategic focus.
As you enter the three-year mark to exit, your focus evolves to encompass strategy, expansion, and people. It’s imperative to update your business strategy, set and diligently monitor KPIs, and finalize core products while ensuring adequate funding through strategic fundraising initiatives. Additionally, expanding into new markets, establishing overseas offices, and executing desired acquisitions are pivotal for scaling operations.
Simultaneously, integrating business units, reviewing your workforce composition, divesting non-core activities, and resolving any minority interests are crucial steps toward optimizing operational efficiency and readiness for the impending exit event.
As you approach the two-year mark, focus intensifies on optimization, value creation, and performance enhancement. This pivotal phase entails standardizing activities, streamlining processes, and optimizing IT systems to bolster operational efficiency.
Concurrently, benchmarking competitors, simplifying legal structures, and reviewing board roles are imperative for strategic alignment and governance refinement. Moreover, succession planning, driving growth initiatives, and maximizing profit ratios are essential steps toward transformative business growth and increased attractiveness to potential acquirers.
As you enter the final year leading up to the exit, the spotlight intensifies on executing your exit strategy. You will now be ready to finalize preparations, engage with potential buyers or investors, and ensure all aspects of the business are primed for a successful transition.
Through each phase of the simulator, you’ll complete the activities, navigate key decisions, address challenges, and implement strategies to position the company for a lucrative and seamless exit, tailored to your chosen path.