What do next generation leaders say they need to be 'future ready'? This report is from 200+ next generation leaders attending the #AICPA_EDGE Conference in Las Vegas in August, 2016.
Next Gen leaders will be called to lead in a different environment than many leaders of the past. These times of exponential change will require a different skill set. They will be leading in transformational and adaptive times which require new skills and new practices.
This report highlights top challenges, top skills, insights from the session and more.
These polls were integrated during a presentation on "The Future Ready CPA" where we covered the 5 C's - Context, Certainty, Capacity, Competency, and Core Purpose & Values.
We are living in “exponential times” where the size, scale and scope of change is incredible. That means there are incredible opportunities for those who can see through the fog of uncertainty and anticipate what’s next. The biggest opportunity is to harness the wisdom of our older generations with the fresh perspectives of the tech-savvy younger generations. The next generation of leaders is enthusiastically ready to have a seat at the table. The future is not created; the future is co- created. Let’s get to work!
9. 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
10. #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!
11. 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
12. 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
13. 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
theseTop 5
Skills
http://www.blionline.org
15. Poll:
What
is
your
insight
(takeaway)
about
today's
session
16. Poll:
What
is
your
insight
(takeaway)
about
today's
session
17. Poll:
What
is
your
insight
(takeaway)
about
today's
session
18. Poll:
What
is
your
insight
(takeaway)
about
today's
session
19. 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!
20. 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.
22. 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,AccountingToday
23. "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
24. 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
24
25. 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
25
28. For more information:
Tom Hood, CEO Business Learning Institute
E: tom@blionline.org
P: 443-632-2301
29. 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/