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 [...]
Most of us entered the new year with tentative optimism, hoping things will be better than 2020. But we’re still in a pandemic, racial equity still eludes us, and the political climate has gone haywire. Add to that the rapid changes we’re facing with legislation, technology and succession and it can all be overwhelming. To [...]
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 [...]
“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, [...]
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 [...]
Have you ever searched everywhere for your glasses and found them on top of your head? Or driven somewhere and not be able to remember the exact route you took to get there, or worse, ended up somewhere different than where you planned? Do you find yourself changing topics frequently in a conversation and then [...]
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. [...]
The theme of INSIDE Public Accounting’s 2016 Benchmark Report is, “Steady as she goes, but watch the horizon.” Firms are experiencing good times again with an average of 6.1% organic growth and 30.2% net income for all firms nationally, according to IPA. The caveat is that we’re in one of the tightest labor shortages we’ve [...]
There’s a lot of talk these days about the need for a new public accounting business model. In fact, we’re spending a lot of time ourselves driving change to many fundamental business model elements including pushing for not-to-exceed pricing, unlimited paid time off and uber-flexibility, and turning over the reins to younger leaders earlier. And [...]
