The most common and most likely answer to this crossword clue is the 2 plus 8 letter word ON STAND-BY
O
N
S
T
A
N
D
-
B
Y
More clues leading to the result ON STAND-BY
Buddy explains!

The straight part
We know that "a state of readiness for action" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case a state of readiness for action = on stand-by.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.