Initial public offerings (IPOs) often generate a great deal of excitement and can give new luster to company brands. It is easy to forget that IPOs can only thrive in the right business climate - and for organizations that have undertaken the business transformation necessary to reach this stage.
As this Guide to Public Company Transformation makes clear, preparing to become a public company is time-consuming and complex. Much of that complexity is due to the numerous legal and technical requirements that must be addressed prior to an IPO. But a substantial - and often overlooked aspect of public company readiness (PCR) involves transforming organizational functions and processes in many ways. Moreover, post-IPO companies will need to continue transforming these functions because there is a different set of requirements and expectations for public companies.
The objective of this Guide to Public Company Transformation is to help organizations focus on what they should have in place from a governance, technology and business transformation perspective to prepare successfully for an IPO.