Don’t miss your chance to gain insight on personal financial management from Bruce Sellery at CPABC’s Spring Pacific Summit. Bruce’s keynote presentation, “Moolala: Why smart people do dumb things with their money (and what you can do about it)” will take place on May 18, 2017, and is sure to be one of the Summit’s highlights. This fun, optimistic session is aimed at motivating people to get a handle on their money, so that they can live the life they want.
Bruce is a personal financial expert, media personality, and sought-after speaker who helps clients navigate financial change while both educating and inspiring them. A columnist with MoneySense Magazine and a regular contributor to CBC Radio, Bruce is known for his engaging style and fresh, well-informed perspective on financial matters.
In advance of the Summit, Bruce spoke with CPABC to share some of his tactics for navigating change.
Can you share a strategy that people can use to navigate change?
“Shrink the change. Rather than a wholesale transformation, how can you break the change up into smaller parts so people can get used to it gradually? My former employer, Procter & Gamble, made a huge change moving from a cubicle culture to one with no assigned desks, no landline phones, and no paper.
They shrunk the change by removing the landlines first, so everyone’s phone came through their laptop through an Internet phone service, VOIP. People were able to get used to not being tethered to anything, before the new office was fully constructed.”
From your experience, what is a common misconception people hold, or mistake people make, when trying to navigate change? How can people avoid this?
“I think one mistake people make is in their mindset about change. The starting position for most of us, Generation X and above in particular, is that change is wrong, and the status quo is right.
I certainly feel this way when I update my computer’s operating system and it changes how I need to do something. I might find myself frustrated and thinking, “Why isn’t my mouse working?” In the moment, I hold the view that the change is wrong. And the status quo is right.
Not only is that mindset not accurate, it is also not useful. The change has occurred. My frustration about it will make no difference.
What I am working on is, rather than being annoyed by the change, I try to learn it and adopt it as quickly as I can. This isn’t natural to me, and I do it under protest. But it reduces the amount of time I waste being annoyed.
The fact is that change isn’t wrong or right, but it is now the status quo.”
Gain more insight on navigating change from Bruce and other industry experts at the Spring Pacific Summit, May 17-19, 2017, at the Vancouver Convention Centre West. With a program of 23 CPD sessions to choose from, multiple networking activities, and an industry leading tradeshow, the Summit is one of 2017’s top professional development opportunities. Learn more.