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  • Writer's picturePaul Gravina

Are You Resistant to Change?

We all know there are two types of people in this world: those that like change, welcome it, embrace it and thrive on it, and those that are secure with the status quo, keeping their heads down and hoping things remain the same. For Owls Nest Capital we have the ability to thrive on change and this is a quality that we champion, our teams also love the stimulation and the excitement of learning new things.

For Investment Managers change has two basic dimensions:

•Change that each project/investment team member must individually address.

•Change that all team members must make to support your investment project.

When change impacts you or your team members, you must understand its nature to use change to your advantage. Most of the timing predictability for most projects is low, consequently, it is necessary for each team member to become very comfortable with the change to learn it loves it and lives it.

So why are some individuals resistant to change?

1."If it isn't broken, it doesn't need fixing" attitude.

"I've always done it this way. Why should I change?” team members may not see the need for change because they believe current results are acceptable.

2. Fear of the unknown.

Individuals might desire change, but a fundamental fear of what could happen may reduce his/her openness to change.

3. Fearing Failure.

Individuals might want change but is afraid to fail.

4. Fear Obsolescence.

A genuine fear that occurs in today's technology-driven world, when you ask a team member to adopt a manual process to a computer-based process, he/she may resist change because he fears job obsolescence.

5. Forced Change.

Most team members want to be part of a project's planning and decision process.

6. Personality Conflict.

Individuals might not be reluctant to a proposed change but may hold a grudge against a team member who suggested the change.

7. Bad Timing.

There may not be a problem with an area or activity planned for change; however, the timing may not be right.

8. Change is a Bad Idea.

They do not cooperate because they truly believe the proposed change is a bad idea.

9. Loss of Power.

Perceived loss of prestige.


Are You Resistant to Change?
Are You Resistant to Change?

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