Our guest for our very first episode of "The Power of Change" is Cat Carmichael, the CEO for Strategy 123, a strategic community association management (CAM) consulting company focused on acquisition preparation, increased profitability and creating successful exit strategies and succession plans.

In Michael Praeger's conversation with Carmichael, they talk about the main challenges facing the CAM industry, the reasons for property managers to embrace technology and the importance of clear communication as a leader.

Host: Michael Praeger, CEO & co-founder, AvidXchange

Guest: Cat Carmichael, CEO, Strategy 123

Producer: Travis Durkee, AvidXchange

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“The Power of Change with Michael Praeger” is a new series by AvidXchange where business leaders discuss their approach to change management and offer C-suite perspectives on ushering change during good and bad times.