Change is inevitable in life and in business. Proper change management can be the difference between a seamless (mostly) and prosperous transition and an utter disaster. As an RIA owner working toward the eight-figure exit, successfully managing team expectations through a transition can help you maintain the momentum you’ve worked so hard to build. But beware! The slightest misstep could cause your firm to lose hard-won value, jeopardizing the exit you’re dreaming of. That’s why today’s entry is looking at the strategies to effectively communicate change, inspire your team, and maintain your firm’s culture and momentum through the change. Follow Along With The Financially Simple Podcast! This week on The Financially Simple Podcast: (1:40) Change that necessitates strong change management (2:28) Change is hard (3:11) Change management is needed (6:51) Change is necessary (9:15) Six aspects of effective change management (17:08) How to implement change management The Importance of Managing […]
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