five keys to becoming a high-performing firm

transformation must come at all levels.

“the world accommodates you for fitting in, but only rewards you for standing out.” – matshona dhiliwayo, author, “the art of winning.”

by anthony zecca
leading from the edge

after your assessment of the leadership team, and the assessment of your own leadership, we move on to the challenge of answering the key question – what steps need to be taken (the road map) to move the firm from where it is today to a standout, high-performing firm?

more on edge leadership: assessing your firm | the 4 traits of great cpa leaders | why leaders must ensure clarity | incremental vs. exceptional success | do you lead or just manage? | managing vs. leading | is your leadership team at the edge? | 6 leadership challenges through covid and beyond | edge leaders share 7 strengths | leadership must drive culture | leading from the edge
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the call to action and question for you as the edge leader, for your leadership team, for your partners, and in fact for the entire firm to answer is, do you just want to fit in or are you willing to do what it will take to stand out? if you want to move to the top of the pack, what does the firm need to accomplish and how does leadership drive that transformation?

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are you too generous with your write-offs?

five ways to improve operating margin.

by bill penczak

the pandemic has placed new strains on most cpa firms, with a paucity of events other than zoom meetings and many clients hunkering down and not making any changes to anything least of which their accounting firm relationships, under some semblance of normal.

more penczak: re-thinking today’s firm with five global leaders | 5 things your firm should do differently this summer | do you have the guts to beat the covid crisis? | how to inoculate your firm against covid competition | ‘found money’ delights clients | don’t buy a rolodex, buy a process | the three r’s for beating the corona crisis | 6 reasons why your marketing sucks
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

so when it comes to preserving your original profit goals – or at least salvaging them – firms have an opportunity to seek better processes or staffing options, or both to pivot to the times. as a cfo i once worked with used to say, “you can either raise the bridge or lower the water.”

here are five options for lowering the water (labor cost) as a short- and long-term strategy for greater firm success: read more →

are you productive or just busy?

harried business teamyour firm may need to change its culture.

by steven e. sacks
the new fundamentals

did you ever notice when you call an associate or a friend or a business of any type, more often than not he or she will always respond with “i’m really busy” or “i’ve been jammed up”? it does not matter the time of the year, much less the time of week or day.

more: the five big rules for powerpoint presentations | how aging boomers impact the accounting profession | accounting is a profession, not an industry
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has busy become too colloquial or just a throwaway line? what is actually meant by “busy”? or, more specifically, what is the condition of “busyness”?

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why accountants quit

yellow arrow painted on a roadhint: leadership can avoid these issues.

by ed mendlowitz
call me before you do anything: the art of accounting

i have written about cpas who leave public accounting and go to work in private industry. based upon the comments and emails i’ve received, this is an involved topic and i would like to delve into it further.

more: why cpas should stay in public accounting | when cpas leave to work for a client | when parents, children hit an impasse | how bickering can ruin a family business | one hour a year since 1972
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i was writing about my observations, particularly of many people in their mid-50s i have known who cannot get jobs in private industry after spending a major part of their careers there. obviously, there are many people with extremely successful careers in private industry and i was not addressing them, but i do consider them to be in the minority. also, we are all individuals, and we each decide on how we want to work and what we are comfortable with. no one, including me, has any right to criticize them or tell them they should have done it differently.
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profit sharing for a staffer?

percentage signs on round hanging tagsthe owner wants to offer a percentage to a staff person, but how?

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

question: i have a small practice and have a staff person with me for eight years (who had nine years of experience before coming to me), and i want to offer him some profit-sharing percentage.

more: the secret recipe for staff retention | writing a reference? here’s how | 44 key attributes for assessing staffers | make cpe worth your while | what to do with a lousy client? | but i am managing! | how to run a practice in 90 pages
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

how do i approach it?
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