aicpa edge 2011 - leadership in new normal for young professionals
TRANSCRIPT
Today’s CPA: How to Succeed in the “New Normal”
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Presented by:
Tom Hood, CPA.CITPCEO
Maryland Association of CPAsBusiness Learning Institute
AICPA E.D.G.E. ConferenceAugust 12, 2011New Orleans, LA
Welcome to the New Normal aka the Extreme Future!
1. Increased speed2. Increased complexity 3. Increased risk4. Faster pace of change5. Surprises everywhere and everyday
Dr. James Canton – author of The Extreme Future
We can choose to harness the winds of change
The tornado of changes from CPA Vision Project circa 2000
Humans are fundamentally “sight” creatures
And the power of making our thinking visible to others…
We need longer sightlines during periods of rapid
change
Five Qualities of Extraordinary Leaders
1. Sight - Ability to see emerging patterns and shift perspective when necessary
2. Insight – Ability to think strategically and critically to gain insights
3. Create – Seek high leverage opportunities that build on your strengths
4. Communicate - Ability to make your thinking visible to others and the ability to collaborate inside and outside your organization
5. Inspire – Ability to mobilize support and engage others involved in doing the work to join you in ACTION
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Leadership is…
The ability to gain insights and the aptitude to turn them into action –
Insights to Action
- Tom Hood & Gretchen Pisano
(one without the other is either useless or destructive)
Leadership in the new normalThree Critical Competencies
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Network Leadership
Strategic
Thinking
Strengths-Based
Leadership
Self-awarenessIn the moment
Built on strengthsand positivity
Future-mindedand flexible mindset
Collaborative andcurious with the abilityto ask powerful questions
Capable of engaging andInspiring people
Ability to make your thinking visible to others
How is leadership changing?
“What got you here won’t get you there.” – Emmanuel Gobillot - Leadershift
Leadership is Alignment
• Engagement• Alignment• Commitment• Accountability
“First I get all of my men facing the same direction.”- Napoleon
From: Command & Control
To: Connect & Collaborate
Leadership is Connect & Collaborate!
From: Push
To: Pull
Finding Your Edge…
• Strategic thinking – all of the time
• Make your thinking visible to others
• The power of We – Collaboration
• Innovate by finding your edge (Strengths, Positivity, Opportunities)
Leadership based on positivity, that seeks to build on individual and organizational strengths and
collaborates to continuously learn. It is constantly considering the context and asking powerful questions, learning, reflecting, and creating
pathways to the future.
Know thyselfStrengths-Based Leadership
Self-awareness in the moment
Leader as facilitator of powerful questions
The four most important words for organizations
are, “what do you think?”
- Tom Peters
Leadership Mindstretcher Exercise• How is leadership changing?• What are the Top 5 needs/wants to be a great
future leader?A blank sheet of paper, powerful questions, and sticky notes (The i2a way)
How is Leadership changing?
• More democratic – moving from push to pull• Flexible & adaptable – capable of responding
to faster rates of change• Increased risk & less time to make decisions• Continuous learning (L>C) for individuals and
organizations• Need for more younger leaders• Long-range vision + strong core values
What do young professionals need to be leaders?
• “Soft skills” broader and more diverse knowledge in leadership, management, change & business development
• Ability to tap into networks (AICPA, others) to continuously learn (including social media)
• Learn and teach collaboration, & leadership• How to embrace change and be flexible & adaptable• Learn how to lead teams• Bridge the gap between “older leaders” and “younger
leaders”• Learn about themselves (Strengths-based leadership) so
they can be more purposeful, proactive & motivated
What I learned from these young leaders…
• Stop – Breathe – Dream!• Leverage collective knowledge of diverse
teams to make better decisions (collaboration)• Position does not (always) equal leadership –
you can lead from any seat• Empowerment is more powerful than power
What I knew coming into the room.
+
What I learned while I was here.
The wisdom of the crowd
Fresh Perspective. INSIGHTS!
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Engaging the Network
Insights to Go!
is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved.
Some closing thoughts“It is hard to plan for the long term future when you don’t know what is going to happen five minutes from now.
Today, a competitive edge is thin and temporary; the edge quickly becomes the margin. The ability to define the edge, and the ultimate competitive advantage, is found in the smarts, heart and ingenuity of your people - that's your powerhouse. Tap that, train it, focus it and mobilize it; now you've engaged a network and inspired a sustainable shift.
Insight to action, one without the other is either useless or destructive.”
-Tom Hood & Gretchen Pisanoco-authors of the i2a: Insights to Action
Strategic Thinking Systemhttp://www.bizlearning.net/live/i2astrategicplanning
The only question for leaders
Have I made you feel stronger and more capable?
Source: Emmanuel Gobillot - LeaderShift
Links
• Strategic Planning– http://www.bizlearning.net/live/i2astrategicplanning
• Future Forums– http://www.bizlearning.net/live/i2afutureforums– Leadership Development– http://www/bizlearning.net/live/i2aleadership
• Customized Training– http://www.bizlearning.net/learningcenter/
• Search our Catalog– http://www.bizlearning.net/learningcenter/customizedtr
aining/BLI_catalog.cfm
Tom Hood, CPA.CITPCEO
Maryland Association of CPAsBusiness Learning Institute
(443) 632-2301E-mail [email protected]
Web http://www.macpa.orgBlog http://www.cpasuccess.comhttp://www,bizlearningblog.com
CONNECT – PROTECT - ACHIEVE
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