next gen leaders report from the aicpa edge conference 2016
TRANSCRIPT
The Future Ready CPA AICPA EDGE Conference
Par8cipants Report & Insights Tom Hood, CPA, CITP, CGMA
August 5, 2016
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The Future Ready CPA AICPA EDGE Conference
Par8cipants Report & Insights Tom Hood, CPA, CITP, CGMA
August 5, 2016
What genera*on are you?
Poll: What is hard about your job?
Poll: What is hard about your job?
Poll: What is hard about your job?
Poll: What are your top challenges? (pick the top five)
1. Not enough 8me 2. Finding & retaining talent
3. Being reac8ve vs proac8ve
4. Older leaders not giving up control
5. Engaging our people
Note: These are consistent with other public company finance teams and the ‘changing systems’ answer is not usually in the top 5
#FutureReady!Is the capacity to be anticipatory (aware, predictive and adaptive) of emerging technology and trends in business, demographics, and the social environment impacting your organization and industry.!
Source: CPA.COM Insight into the CPA of the Future Study 2014
92% of CPAs !Not #futureready!
Poll: What is your favorite app or produc*vity tool?
1. Evernote 2. Outlook 3. TwiVer 4. Waze 5. Linkedin 6. Facebook 7. Slack 8. Google
Poll: What are the top skills you need to be successful? Pick the top 5
1. Inspiring and Mo8va8ng Others
2. Communica8on 3. Strategic & Cri8cal
Thinking 4. Innova8on & Crea8vity 5. An8cipa8ng & Serving
Evolving Needs
Top Skills Needed for Accounting and Finance Professionals !
BLI Research in 2015 with over 1,000 responses from all segments of the CPA Profession identified these top skill needed to be successful in these rapidly changing times. This confirms and reinforces the research from the Conference Board, AICPA CPA Horizons 2025 report, Bersin, and Burrus Research..
75% covered by these Top 5
Skills
http://www.blionline.org
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Poll: What is your insight (takeaway) about today's session
Poll: What is your insight (takeaway) about today's session
Poll: What is your insight (takeaway) about today's session
Poll: What is your insight (takeaway) about today's session
Poll: What do you want your leader to know?
1. Engage us in your vision and purpose
2. More coaching and mentorship
3. More transparency 4. More leadership
development 5. Look beyond the billable
hour 6. More focus on the future 7. More collabora8on 8. More focus on career
development 9. More frequent feedback 10. Thank you!
Our insights… The responses from these surveys are consistent with our polls from Global Public Company Finance teams and in most cases with the overall CPA Profession, including public accoun8ng, government and small – mid-‐size business and NFPs. One opportunity is to focus training and development on the cri8cal skills par8cipants are iden8fying, especially in the area of ‘strategic thinking’ and ‘an8cipa8on (being aware, predic8ve and adap8ve of future trends and issues). These skills elevate and accelerate people’s ability to adapt to major changes in addi8on to finding crea8ve and innova8ve ways to add value to the business. Our research consistently shows the need for finance and accoun8ng teams to add insights to the business. We now have several new training tools available to support individuals and most importantly groups in developing these skills.
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Accountants need to be proactive and there are no tools that specifically make then proactive until now. The Anticipatory Organization is set of tools and strategies for making your firm work better in the future. No matter what you are doing, this will make you do it better. – Daniel Hood Editor-in-Chief, Accounting Today
"The Anticipatory Organization Learning System helps establish a mindset, a common language and eventually a culture of being anticipatory for our clients. By making this anticipatory skillset a core strength of our teams, it brings creative and new ideas that make us more valuable to our clients and it creates a game changer for our firm.” - Joey Havens, CPA Executive Partner, HORNE LLP Top 50 CPA Firm
AOAF recognized as 2016 Top learning Product “Everyone keeps telling accountants that they need to change their focus from the historic and the backward-looking, and to start being proactive and offering future-focused advice – but no one tells them how. The beauty of the Anticipatory Organization program is that it actually gives you a set of tools to harness the hard trends that are shaping the future, and use them to create new value for your firm and your clients.” - Daniel Hood, Editor-in-Chief,
Accounting Today
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28 lessons – 4 modules – 1 hour/week • Very short single-‐concept videos (mini TED
talks 3-‐4 minutes) • Rapid applica8on exercises • Visual job aids to reinforce learning
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• An8cipa8on • Strategic Thinking • External Awareness • Vision • Con8nuous Learning • Innova8on • Crea8vity • Problem Solving • Priori8za8on
• Business Acumen • Decisiveness • Influencing/Persuading • Emo8onal Intelligence • Consensus Building • Collabora8on • Inspira8on • Risk Management • Communica8on
http://www.blionline.org/ao
If there is a conversation about the future of the profession, you're bound to hear Hood's name mentioned as one of the people leading the way. – Accounting Today
Tom Hood, CPA, CITP, CGMA
CPA Practice Adviser Accounting Hall of Fame Named the Second Most Influential in Accounting by Accounting Today Magazine 2013 - 2015 Top 150 Influencer by Linked-In Top 25 Influencers in Learning & HR - HR Examiner Top 25 Public Accounting Thought Leaders - CPA Practice Adviser Co-founder of the Business Learning Institute
CEO Maryland Association of CPAs (MACPA) www.macpa.org Business Learning Institute (BLI) www.blionline.org
http://www.linkedin.com/in/tomhood/