The Importance of Hiring the Right Team to Manage Change in the Renewable Energy Industry

After a period of high profits, many energy companies now have the resources to make bold reinvestments for long-term success. This growth brings technological advancements, regulatory shifts, and environmental considerations, making it crucial to have the right team to manage these changes. While much of this capital is earmarked for future operations, leaders are also modernising outdated processes in areas such as finance and data. At Cedar, we understand the importance of effective change management in these areas, specifically in this dynamic sector.

Upskilling Your Team

“There’s so much technology out there that’s very inexpensive and can make a big difference to your energy organisation,” said Grant Thornton CFO Advisory Senior Manager Ben Chacko. But it’s not simply a case of buying tech, investing for the future also necessitates a proactive approach to upskilling your team. Whether through hiring individuals with the necessary skills or providing training and development opportunities to current employees, ensuring your team has the knowledge to adapt to new changes is essential. This approach helps mitigate risks and enhances the overall efficiency of your operations.

The Complex Nature of Renewable Energy Operations

Generating energy involves a multitude of variables, such as heavy machinery, environmental elements, fit-for-purpose financial systems, powerful data centres, and a specialised workforce. Managing these variables is critical for smooth operations. Renewable energy companies must be adept at managing changes to these variables to avoid disruptions and operational downtime.

The Role of Effective Leadership and Collaboration

Managing change in the renewable energy industry demands robust collaboration and engagement with various stakeholders, including customers, vendors, regulatory agencies, and governing bodies. Hiring the right Chief Digital Officer (CDO) or program director can provide invaluable support to your employees during transitions. Their leadership fosters a supportive environment, builds employee trust, and ensures visible commitment to change. This unique industry can also face stringent environmental permits akin to major industrial facilities. New technologies, in particular, may encounter hurdles until officials become familiar with their environmental impact. Therefore, companies ensure they have the correct leadership in place to help navigate these often costly and time-consuming challenges.

Cedar’s Expertise

At Cedar, we pride ourselves on our proficiency at the intersection of finance, technology, and data. Our team collaborates effectively across the C-Suite, offering strategic advice and successful delivery of complex transformation projects. Our expertise spans all business change and transformation aspects, including people, processes, and technology. We address pain points and guide every project lifecycle stage, from inception to go-live dates.

Conclusion

The renewable energy industry is poised for continued growth and evolution. By hiring the right team to manage change, companies can navigate this dynamic landscape with confidence. Cedar is committed to providing the expertise and support necessary to ensure your organisation adapts effectively, fostering a sustainable and prosperous future in the renewable energy sector.  To find out more about how Cedar can support your recruitment needs in the renewable energy sector, please contact Nathan Hotchkiss, or complete our client form here.