38. How a Failed Merger Was the Key to Accelerating Growth

<p><span style="font-weight: 400;">On this episode, we welcome <a href="linkedin.com/in/susan-tyrrell-10b61142">Sue Tyrrell</a> and <a href="linkedin.com/in/kala-liebe-phr-shrm-cp-5aa95b71">Kala Liebe</a> to the program.  Sue is the founder and CEO and Kala is the Chief Experience Officer for a company called <a href= "https://handsupcommunications.com/">Hands Up Communications</a>. </span></p> <p><span style="font-weight: 400;">Hands Up is a single point of contact for language access needs. They offer offer a mixture of interpreting, translating, and captioning solutions. </span></p> <p><span style="font-weight: 400;">Their story is an interesting one. Sue started the company, merger with a company in 2015 then took the company back and partnered with Kala to build what is now known as Hands Up Communication.  It is a cautionary tale about failed partnerships and ultimately having the right complementary management team.  </span><span style= "font-weight: 400;"> <br /> <br /></span><strong>Key #LessonsInGrowth:</strong></p> <ul> <li><span style="font-weight: 400;">Why the keys to success are having a very solid executive team</span></li> <li>The pros and cons of strategic partnerships (and mergers) and what to look for</li> <li>Why dissolving the merger was a better path to growth for Hands Up</li> <li>How a complimentary skill set allowed Hands Up to flourish</li> <li>Warning signs that a potential partnership may not be right for your business</li> </ul>