Governance/Decision Making

Jun 12 2024

Answering the 4 Most Common Client Transition Questions

2024-06-12T14:18:22-05:00June 12th, 2024|Governance/Decision Making, Inspired Ideas Blog, Leadership|

Accounting firms across the country are preparing in earnest for the retirement of thousands of talented Boomers. Many elements of succession need attention, but client transition is one area that seems to cause a lot of angst and generate a number of questions. Following are the answers to the four most common client transition questions [...]

Oct 20 2023

Overcome the Top 6 Excuses for Not Firing Crummy Clients

2023-10-20T10:00:29-05:00October 20th, 2023|Governance/Decision Making, Inspired Ideas, Inspired Ideas Blog, Transformational Leadership|

We are in the midst of a talent shortage, an inflationary period, changing and increasingly complex regulations and standards, and experiencing a high volume of work with increased client needs. To compound this, we are seeing declining accounting undergraduate and Master’s degrees, lower college admission rates overall, and young people questioning whether public accounting is [...]

Oct 5 2022

An FAQ for Firing Clients On October 21st

2023-03-30T08:23:32-05:00October 5th, 2022|Governance/Decision Making, Inspired Ideas Blog, Leadership, Next Generation, Retention Strategies|

By now, I hope you've heard that we've declared October 21st National Fire Some Clients Day. We truly believe that firing clients is an immediate, emergency measure to make breathing room for both leadership and team members in your firm. Firing clients symbolizes your firm's commitment to right-sizing your capacity going into the Spring busy [...]

Feb 12 2020

Lessons Learned Again

2020-02-12T14:16:33-06:00February 12th, 2020|Governance/Decision Making, Inspired Ideas Blog, Leadership, Personal Development, Succession|

Last September, I accepted the role of Director of Men’s Ministry at my church conditioned on a “self-imposed” three-year term limit, during which my strategic focus would be to identify, develop and mentor my replacement; hopefully someone half my age! Almost six months into my new role, it feels like a good time to review [...]

Feb 6 2020

New KPIs to Drive Results

2020-02-06T09:18:58-06:00February 6th, 2020|Governance/Decision Making, HR/Organizational Development, Inspired Ideas Blog, Leadership, Marketing, Sales|

“That which is measured improves. That which is measured and reported improves exponentially “                                                                                     Karl Pearson, English Mathematician The use of key performance indicators ensures that leaders are on the same page with team members about what is expected for individual performance as well as the performance of the team, service line, industry group, [...]

Oct 10 2019

A Problem Solving Approach to Making Decisions

2019-11-13T12:07:55-06:00October 10th, 2019|Governance/Decision Making, Inspired Ideas, Personal Development|

Choosing which job offer to take. Deciding to sell your home. Identifying the best candidate for the position. Giving critical feedback to a team member or client. Identifying which initiative to front burner and which to back burner. These and more are decisions that we face every day and often can leave us stressed or [...]

Mar 27 2019

Is Your Firm Leaving Potential Leadership Successors Behind?

2019-03-27T11:55:47-05:00March 27th, 2019|Communication, Governance/Decision Making, HR/Organizational Development, Inspired Ideas, Leadership, Next Generation, Personal Development, Succession|

Firms around the country are struggling to recruit and retain experienced professionals to serve their clients. Partners are nearing retirement, and many don’t have clear successors in place to ensure their firms keep running. Given the need for talent, we should leave no stone unturned in our quest to identify our next generation of leaders. [...]

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