the role of finance in adaptive and interactive learning


are you using everyone to their full potential?

by jennifer templeman
jumpstart

portrait of jennifer templeman
templeman

i believe in the power of creativity, in innovative thinking, and of play as a conduit to bring forth new ideas. and yes, and i’m a cfo who leads a team of finance professionals who focus on compliance, adherence to regulations, and perfecting the process of predicting and ensuring an outcome based on historic performance and data.

despite how at odds these two confessions may seem, they work together in a way that supports my belief that finance is a department designed to lead the culture in an organization.

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how ‘take what’s given’ works in business

extended hands on black backgrounddon’t ignore the opportunities right in front of you.

by bill reeb

in the practice of martial arts, the concept of “take what’s given” is drilled in to teach us to respond to what our opponent is offering rather than either following some mental plan we have conjured up or overrelying on our strengths.

more: you might be your biggest obstacle | from martial arts to business: 5 steps of evolution | expect and embrace failure anytime you do new work | determining your desires should be an active process | know where you are running to | let go of what you think you know
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

when you have an unfamiliar opponent, both a mental plan and leveraging strengths require information you don’t have to dependably work. in other words, those two options presume superiority; that i know my strengths are greater or that my plan has all the necessary contingencies to appropriately react to the actions and reactions of my opponent. how could you have this level of knowledge or insight about an unknown opponent?
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tomorrow’s leader in 9 bullet points

number 9 created by gaps between many small green plastic 9'sdon’t have them all? pick one and get started.

by august j. aquila
price it right

everything the firm does from this moment on flows from this decision, including the firm’s strategy, reputation, the ability to attract critical talent and how well it will execute its plans.

more: checklist: 18 essential steps to effective billing | 6 steps to making your new pricing happen | preparing to change pricing philosophy | ethical issues in pricing | how utility and value affect pricing | understanding the product pricing life cycle | 4 ways a production orientation can harm a firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

selecting the strongest rainmaker or the longest tenured partner, no matter how well liked, can quickly send the firm in the wrong direction if the candidate is underprepared or an inadequate leader.
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you might be your biggest obstacle

young man facing image of himselfself-criticism is healthy … until it isn’t.

by bill reeb

a couple of years ago, when i was consulting onsite with the executive team, one of the managers pulled me aside and asked me for some personal advice. she said, “i am thinking about asking to go part time because the stress of this job is really getting to me. what do you think they will say?”

more: from martial arts to business: 5 steps of evolution | learn to work ‘better’ instead of ‘harder’ | be realistic regarding expectations | a clear direction provides you a sanity check | refining desire
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i told her that i thought they would be willing to do whatever she wanted. but then i added, “what are the owners or your direct boss doing to create this stress?” here was the conversation that followed:
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expect to change your plan

man scratching head while standing at crossroadsadjustments are not only ok, but expected.

by bill reeb

this sounds like an odd comment to make given the importance i have assigned to identifying your desires and creating plans and tactics to achieve them. but we aren’t focusing on desire in this step, but rather the work needed to achieve your desires.

more: from martial arts to business: 5 steps of evolution | learn to work ‘better’ instead of ‘harder’ | be realistic regarding expectations | a clear direction provides you a sanity check | refining desire | roadblocks from people with good intentions
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

desires and plans change, or we need to be flexible enough to allow them to change as we gain more knowledge, skills or experience as we do the work. in other words, you want to leverage the wisdom you gain from doing the work.
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from martial arts to business: 5 steps of evolution

two men training in tae kwon do at gym“while change can be risky, remaining the same can even be riskier.”

by bill reeb

john, my instructor, teaches us that there is a hierarchy to learning martial arts.

more: learn to work ‘better’ instead of ‘harder’ | what to stop may be more important than what to do | stop wishing your life away | don’t let inertia determine your direction | let go of what you think you know
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

first you learn techniques, like punching and kicking. as you gain confidence in your technique, you can jump to a higher level and incorporate interval into your self-defense toolkit.
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learn to work ‘better’ instead of ‘harder’

man working hard at office deskthis extends to how you use and train your people.

by bill reeb

overachievers typically don’t have a problem working hard, but they often have a problem working “better.” so let’s focus on learning how to work better.

more: what to stop may be more important than what to do | expect and embrace failure anytime you do new work | determining your desires should be an active process | know where you are running to | let go of what you think you know
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

regarding any technique, know that by remaining open to learning while doing the work (letting go of what you think you know), that is where you will find the “wisdom in the work,” which can bubble up into profound thoughts and ideas that can help you work better.
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what to stop may be more important than what to do

businessman in dark gray suit raise his hand in action of stop and word "stop" on his red palmmake sure your plans are sustainable.

by bill reeb

as you continue doing the work, as you make progress toward your desires, much of your focus should rightfully be on “what can i do today to move me one step closer to whatever i am trying to achieve?” while “doing the work” really seems to be about actions you should take, often it is just as much – if not more – about what actions to stop.

more: expect and embrace failure anytime you do new work | be realistic regarding expectations | a clear direction provides you a sanity check | refining desire | roadblocks from people with good intentions
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in martial arts, regardless of the activity, learning to use proper technique is essential.
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josh zweig’s liveca offers new thinking from the ground up

how does your firm define itself?

by kayleigh padar
from success to significance: the radical cpa guide

josh zweig cpa ca lpa cofounder
zweig

josh zweig is the co-founder of liveca llp, a canadian chartered accounting firm of about 40 people that is run remotely, without a traditional office building. it’s all virtual – a work anywhere business. three years ago, the entire business was just a sole proprietorship; now it is bringing in millions of dollars of revenue.

more on radicalism: our clients need us to be radical | 10 steps to start innovating | the value of new ideas | the radical road to (business) transformation | the radical cpa: always changing
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the firm’s biggest challenge is recruitment. “for smaller firms that don’t have 20 college reps to go down to every school and recruit, it becomes increasingly hard to get word out that there is an alternative here for people,” zweig said.

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be realistic regarding expectations

golf club by tee at tee box, looking downhill at holeare you putting in the work to be where you think you should be?

by bill reeb

during golf season, i like to hit practice balls at the driving range. i also like to take lessons with my golf professional – mostly playing lessons as opposed to ball striking lessons, because just hitting the ball is far less of a problem than the lapse of synapses striking properly in my brain.

more: stop wishing your life away | determining your desires should be an active process | know where you are running to | let go of what you think you know
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

to clarify, during a normal game, i try to hit shots that i have no business hitting, or forget to stay in the moment, or fail to focus on hitting one shot at a time. but during my playing lessons, i review with the pro what i plan to do and why i am making the shot choices i am proposing. it should be no surprise that with this level of concentration and shot-by-shot focus, i play some of my best golf with my pro in tow.
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stop wishing your life away

climber standing atop mountain with another in distancelearn to appreciate the joy that comes from and surrounds the work.

by bill reeb

we spend about 99.7 percent (statistic totally fabricated but the phrase “vast majority” would certainly apply) of our time en route to some objective. if you can find happiness, serenity or a feeling of success only when you arrive at your intended destinations, then you are destined to be unhappy or feeling unsuccessful almost all of the time.

more: determining your desires should be an active process | a clear direction provides you a sanity check | refining desire | roadblocks from people with good intentions | 3 ways to get ‘unstuck’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i remember my wife and i vacationing in puerto rico many years ago. we decided to go to the el yunque national forest reserve and walk up to the top of one of the el yunque mountains. given that we like to hike, this was not a difficult climb because it was only about five miles roundtrip on a paved path.
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determining your desires should be an active process

woman ladder binoculars city view outlook vision success climb adobestock_57204649.jpegbonus: a flowchart of desire.

by bill reeb

i believe that every day, in a way, we do exactly what we want to do or what we desire. for instance, you might be frustrated by your present weight, but if you don’t change your eating habits or exercise regimen, then you clearly do not desire to lose weight.

more: a clear direction provides you a sanity check | don’t let inertia determine your direction | what does ‘getting stuck’ or ‘being stuck’ mean? | 3 ways to get ‘unstuck’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

another idea that complicates determining what we want, which is far more subtle and complex, is that we subconsciously or consciously suppress many of our desires.
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a clear direction provides you a sanity check

upward arrows illustrating being on or off trackwhen new ideas arise, ask how they fit.

by bill reeb

without clear direction, every alternative seems like an opportunity. with direction comes a course of action, whether that is to preserve what you have or achieve something different. knowing what direction you want to head will drive the creation of a plan. and the greatest benefit of planning is that it provides you with a sanity check to know when you are drifting off course.

more: don’t let inertia determine your direction | know where you are running to | refining desire | what does ‘getting stuck’ or ‘being stuck’ mean? | let go of what you think you know | roadblocks from people with good intentions | 3 ways to get ‘unstuck’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

regardless of whether we are talking about your personal life, career or business, i believe it is nearly impossible to get to your desired destination (accomplish your goals) in a straight line. we end up straying from our original course because of mistakes we make along the way, opportunities (detours) we see that we can’t pass up, or just having to deal with the chaos that permeates our lives.
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