Which of the Five Stages of Value Maturity is included in the Discover Gate?

The Discover Gate is an essential phase in the Five Stages of Value Maturity that focuses on assessing and understanding the current state of a business. During this stage, business owners and their advisors concentrate on identifying key metrics and aspects of the business that contribute to its overall value.

The process often involves a detailed analysis of the enterprise's strengths and weaknesses, the competitive landscape, and the opportunities available for value enhancement. This foundational understanding is crucial as it sets the stage for subsequent actions that will either protect existing value, build upon it, or ultimately prepare for a harvest.

Being in the Identify stage allows business owners to have clarity on what drives value in their business, enabling them to make informed decisions as they progress through the remaining stages. This exploratory phase is fundamental as it aligns the owner’s vision with the existing operational practices, paving the way for targeted improvements that can increase business value over time.