Kyle Renalds is an Advisory & Assurance Senior Manager at Delap with over 16 years of experience in taxation, consulting, and assurance. He joins Jared Siegel to discuss change and the relationship between success and adaptability.
Tune in here, at delapcpa.com/podcast, or wherever you listen to podcasts:
Here are a few highlights from Jared’s conversation with Kyle Renalds:
- In the real world, we encounter setbacks and temporary failures that can be repositioned as learning opportunities.
- A study from Harvard found that 70% of change initiatives in companies fail. Change is pain; it triggers specific areas of our brains and provokes physiological discomfort. Our biology is change-averse.
- Understanding that change is pain for your organization is important. Effective change management, according to Kyle, comes from engaging the teams and decision-makers in an organization. You need to know what drives them.
- People don’t change until the pain of their current circumstances exceeds the pain of the change.
- Great questions more often than not precede great answers. Kyle talks about instances where he, as an advisor, did not have all the answers or solutions to a client’s problem and had to ask questions until they arrived at the best solution.
- To map out a path forward, we must know where we are now. Jared shares a story that illustrates this point.
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