We absolutely were not prepared. If you have to go out and sign a 40 year old OT two weeks before the season starts, you weren't prepared.
They took a risky calculation thinking that they could dump Collins and then backfill with Ball, Smith and Waletzko. Three guys that have never even taken a NFL snap, one of which you drafted to be your starting LG initially. It should surprise zero fans, other than the fan boys, that the plan blew up in their face and they are now left searching the waiver wire for OT help.
But you get an A for the effort on spinning this as a job well done by the front office.