It was reassuring to hear from a mix of other business owners, some with larger businesses and some with smaller, but all facing or having dealt with similar issues to me. The content was thought provoking and sparked a number of ideas for me to take away.
It is well established that only 30% of change projects succeed at the first attempt. Imagine the time, energy and resources that are wasted through repeated attempts to make change stick.
Change Success
New research by Dr Chris Mason shows that there are three main factors contributing to change success:
- Readiness – How ready your organisation and people are to implement change?
- Capability – Does your organisation have the skills, people, training and resources you need to do it?
- Beliefs – What is the overall attitude of the organisation to the change you’re trying to make?
As part of our EPIC programmes, we help you to understand where the weaknesses are in your organisation, which initiatives to prioritise based on likelihood of success, and which strategies to adopt to improve the agility of your business.
If you want to understand more about your probability of change success, take five minutes to complete our online diagnostic today.
If you would like to discuss the probability of change success for your organisation, contact our Business Advisory team on 01242 776000, or fill in the enquiry form below.
Testimonials
I have engaged Randall & Payne on several occasions to assist with reports in connection with litigation.
On each occasion I have been pleased with the clarity provided by their reports and valued their prompt attention. Their approach is to simplify complex issues to help non accountants and The Court to understand and reach informed decisions. I recommend them very highly.
Margaret Young, Solicitor
As someone that is always keen to improve, I knew after 30 minutes that Will Abbott was going to be of great assistance to me.
Will has played a pivotal role in growing our business and the advice has been invaluable. Having someone who is not emotionally invested in my business, with a strong business, finance and coaching background, has allowed me to confidently explore new ideas. Working with Will has been one of the best decisions I have made and I look forward to continuing this relationship in the years ahead.
Alan Ible, MD
We now have a clear way forward and are looking forward to working with Will"
Given the huge uncertainty around Covid, we wanted to stay ahead of the game and contacted Will after a recommendation. We needed to explore multiple possible scenarios to help determine our strategies. Will and his team responded quickly, talked to us in a way we could understand and helped us identify the key risks and variables. We now have a clear way forward and are looking forward to working with Will as he helps us implement efficiencies in our business to ensure we beat our targets.
Mark Williams, MD
I came away with a much better understanding of the way forward"
It was brilliant going through the forecasts with you yesterday. You made things simple to follow and discussing the 3-4 key areas without getting bogged down in detail was really helpful. I came away with a much better understanding of the way forward and a clear idea of where we need to focus in order to beat the forecasts. Thank you so much!
Laura Roberts, Finance Directi
To anyone concerned about the future, I recommend Will and his approach very highly."
Since being introduced to Will a couple of years ago, we have worked together on all aspects of our business. As a direct result of this work, whilst Covid-19 is presenting challenges, we are facing these from a position of strength and feel very positive about the future. By chatting to Will on regular video calls or recording actions and plans using the online coaching portal, we get help when we need it and we stay focused on and accountable for doing what needs to be done. To anyone concerned about the future, I recommend Will and his approach very highly.
Rob Cole, Managing Director
A big thanks to Will and the team"
Randall & Payne produced cashflow forecasts based on our accounts and projected income that were used by the bank to approve a business loan. This will enable us to add to our portfolio of properties within the company and expand the services we can offer. A big thanks to Will and the team.
Dr Liam Gilby, Chief Financial Officer
A huge thank you to Will Abbott on behalf of us both for his incredible diligence, advice and support"
We just want to say a huge thank you to Will Abbott on behalf of us both for his incredible diligence, advice and support over the last 10 years or so. Will provided excellent advice in a friendly way, that steered us through some pretty tricky situations over the years, which I’m sure he will recall. And we had some fun along the way!
Bridgette & Martyn Smith
The firm is excellent across the spectrum"
I have been a client of Randall & Payne’s for many years now, both for personal and company accounting services, and I cannot fault them. The firm is excellent across the spectrum, from business leadership coaching and financial planning to practical tax advice. I feel I know the advisers personally now and am always met with the same level of professionalism and friendliness. Even when I feel I may be asking very ‘simple’ questions, they still make me feel valued.
Bridgette Smith
They listened, understood our frustrations with our existing systems and proposed a solution"
I have been extremely impressed with the smooth transition over to Xero and all of its capabilities. The assistance we received from Randall & Payne was instrumental in achieving a more joined up accounting function. They listened, understood our frustrations with our existing systems and proposed a solution. Randall & Payne have worked with my team and I to continue to streamline our processes.
Tricia Hay, Owner Director
With the team at Randall & Payne behind us, we can get on with doing what we do best – running our business"
Officeworx Ltd have been using the services of Randall & Payne for 25 years. In this time, they have supported us with everything from our standard year-end accountancy through to business advice, consultancy, acquisitions and mergers. They have experts for every requirement and offer a wide range of services. With the team at Randall & Payne behind us, we can get on with doing what we do best – running our business.
Paul Berry
It was really great to learn techniques which were quick to apply in the workplace."
Coming from a long established, family business I found the EPIC Business Leaders Group really refreshing. I benefited greatly from both the interaction with other business leaders, finding I was not alone in many of my challenges, as well as from the presentations and sessions on strategic thinking, planning and goal setting. It was really great to learn techniques which were quick to apply in the workplace. My confidence in leading at work and improved strategic thinking have led to a number of changes for the better.
Sally Green, Managing Director
Every company, when it reaches a certain size or age, needs clear reflection and guidance"
Every company, when it reaches a certain size or age, needs clear reflection and guidance on what it offers and how it can plan for future growth from a detached external source. Will Abbott has provided that important source of management direction and expertise for three years in a way that a ‘non-exec’ director would add value.
Ian Heather
The Partners and team at Randall & Payne simply gave us what we needed to turn our plans into reality"
The Partners and team at Randall & Payne simply gave us what we needed to turn our plans into reality. We are excited about the future and are already working with them on the next three-year plan.