The shifts in the business model and market occurring when government contractors lose their small business status can be challenging to navigate
WASHINGTON (PRWEB) September 07, 2018
This program focuses on helping CEOs and their senior teams address their most pressing concern: how to successfully make the transition from set-aside contracts to full-and-open competition upon graduation. “The shifts in the business model and market occurring when government contractors lose their small business status can be challenging to navigate. Proper planning makes the difference between a smooth transition with strong growth versus experiencing the turbulence of declining revenues and worrying if the business can survive,” says Holland & Knight Partner Marisa Terrenzi.
The 6-month program creates the opportunity for a small cohort to work with CEOs who have successfully lead their companies through the transition. Each month, two critical aspects of preparing for graduation will be addressed. Then, participants work with GovCon SMEs to create their company’s specific graduation plan. At the end of the program, each company will have created a tailored graduation plan, serving as a roadmap for the years up-to and immediately following graduation.
“Too often company’s stall after small business graduation. We are very excited to be a part of this program to help CEOs benefit from the insights of highly respected CEOs and be better prepared for the transition,” shares The McLean Group Senior Managing Director Mitch Martin.
Launching this October, the Tysons Corner, Virginia cohort is expected to fill quickly due to its limit of 15 companies and no more than 25 participants. “For an owner thinking of moving into the full-and-open market, this program will provide a significant ROI. The risks in graduating are so significant. Leveraging lesson learned from the industry’s top mid-tier CEOs is an amazing opportunity,” added Newport Board Group GovCon Chair Heather Newlin.
Holland & Knight is one of the nation’s premier law firms with 28 offices throughout the world.
McLean Group is a leading investment bank providing objective advice on mergers and acquisitions and valuations.
Newport Board Group is a national professional services firm of CEOs, senior executives and board members who collaborate to help clients improve their performance and valuation and become more transaction-ready.
For an interview or photograph, please contact Mark Rosenman, Chief Knowledge Officer at mark.rosenman(at)newportboardgroup.com or 973.509.3838