Transition Period

A transition period refers to a defined time frame during which a change occurs, allowing for adjustments and adaptations. This concept is often used in various contexts, such as politics, economics, or personal life. For example, in politics, it might describe the time after an election when a new government prepares to take over. In business, it could involve the phase when a company moves from one operational model to another. The goal of a transition period is to ensure a smooth shift, minimizing disruptions and helping all parties involved to adapt to new circumstances effectively.