Kiley Peters

Welcome To Eloma EP60 -  Pivoting When Things Don’t Go As Planned with Kiley Peters

“We can create a plan, and we can work towards executing that plan, but there's always going to be things that come up unexpectedly,” explains host Kiley Peters. No matter how well you plan, there will always be some kind of change that happens. Managing change by learning how to pivot to a new strategy is a critical skill for everyone, especially entrepreneurs. Today, Kiley shares five tips for navigating change that she found helpful when pursuing a new direction for her own business.

 

The first thing to keep in mind when managing change is to not react immediately. Instead of allowing that emotional gut reaction to influence your response, take some time to really think through what you want to say. The next thing to consider is running the numbers and seeing what actually is the bare minimum that needs to be done. With these numbers in mind, re-evaluate your strategy. When there is a major shift in your business, especially if the overall direction or concept changes, you will need to change your strategy accordingly. Lastly, re-engage both proactively and transparently, making sure to include all team members in the discussions so that everyone is on the same page about the business.

Pivoting with change may not always come naturally, but it is a key skill for being a successful business owner. No matter how hard you try to plan everything, there will always be things outside of your control and things that happen unexpectedly. By knowing how to react when change occurs, you can find ways to use it to your advantage rather than seeing it in a negative light.

Highlights:

• “We can create a plan, and we can work towards executing that plan, but there's always going to be things that come up unexpectedly.” (0:36-0:45 | Kiley)
• “There's always change, there's always pivot, there's always something. Sometimes we see it coming, sometimes we don’t.” (15:29-15:36 | Kiley) 
• “Resist your immediate response. So often when we get news that is not ideal, we fire back in a hasty text, or slack, or email or whatever it is. And that's 99.9% of the time, not what you really wanted to say, or not how you really felt or wasn't well articulated. So resist that immediate response.” (16:25-16:55 | Kiley)
• “Depending on whatever changes are coming your way, sometimes your game plan has to shift.” (17:39-17:45 | Kiley)
• “When you have the people in your life that you can be open and honest and vulnerable and transparent with, you can really get a lot farther, faster.” (19:14-19:24 | Kiley)

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