Can you hear the shift change whistle? Because today the whistle is blowing for the accounting profession. The shift change is the transfer of the retiring baby boomers to the next generation of leaders who will be taking the helm in the next few years. Except this time it is not the same as the shipyard. This time the incoming shift will require a new set of skills and tools to continue the work of the prior shift. This time it is different. The cause of the shift change is the rapidly changing and complex hypercompetitive environment that has become the new normal. Tom uses research and extensive experience working with accounting firms to talk about the five fundamental shifts in play, leadership, learning, technology, generations, and the workplace, and what accounting leaders need to know to successfully navigate these changes.
Surviving the Shift Change in Accounting - #SageSummit
1. Surviving the Shift Change in Accounting!
Tom Hood, CPA, CITP, CGMA !
@tomhood!
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3. Tom Hood
CPA, CITP, CGMA
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.
â Accounting Today
â˘âŻ Named the Second Most InďŹuential in Accounting by
Accounting Today Magazine 2013
â˘âŻ Top 150 InďŹuencer by Linked-In
â˘âŻ Top 25 InďŹuencers in Learning & HR by HR Examiner
â˘âŻ Top 25 Public Accounting Thought Leaders by CPA
Practice Adviser
â˘âŻ Working on Learning Management with AICPA/
CPA2Biz, Cloud Curriculum, Performance
Management /XBRL, Leadership & Generations
CEO
 of
 Maryland
 Associa9on
Â
 of
 CPAs
Â
Â
Business
 Learning
 Ins9tute
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4. What is the #1 reason organizations fail?
âThey miss the weak
signals of disruptive
change.â
â Andrew Zolli
5. âThe greatest shortcoming of the human
race is our inability to understand the
exponential function.â
â Albert A. Bartlett, Erik Brynjolfsson & Andrew
McAfee, The Second Machine Age
7. Command &
Control
Episodic &
Passive
Systems of Record
A placeyou go
Connect & Collaborate
JIT & Participative
Systems of Engagement
What you do
Hierarchy
Transactional
On-Premise âÂ
Customized
Rigid, Cube farms
Generation Gap
Network
Transformational
SMAC â Social Mobile Analytics Cloud
Open, Collaborative, Flexible
Generation Lap
New
business
models, practices
and technologies
are emerging
The challenge &
opportunity is to make
the shift from the first
curve to the second
curve at the right time
and with the right
strategy
8. Command &
Control
Episodic &
Passive
Systems of Record
A placeyou go
Connect & Collaborate
JIT & Participative
Systems of Engagement
What you do
Hierarchy
Transactional
On-Premise âÂ
Customized
Rigid, Cube farms
Generation Gap
Network
Transformational
SMAC â Social Mobile Analytics Cloud
Open, Collaborative, Flexible
Generation Lap
11. How?
1. Professional unity
2. Work / life integration
3. The evolving nature of leadership
and new leadership models
4. Proactive, goal-focused planning
5. Networked collaboration
6. Embracing and adopting new
technologies
From: To:
Hierarchy Network
Transactions Relationships
Efficient Effective
Well managed Well led
Command &
Control
Connect &
Collaborate
Push Pull
Good Great
15. Our Approach â The Four Câs
â˘âŻ Identify Competencies
â˘âŻ Career Path (Ladder)
â˘âŻ Curriculum
â˘âŻ Cloud Learning (On-Demand / JIT)
The right talent with the right skills at the right time
20. "One out of five organizations has discovered a secret source of
competitive differentiation. It allows them to serve customers in new ways
and reimagine their business models. It can help surface valuable insights
from their data and transform how they make decisions. It enables them to
tap expertise from across their entire ecosystem. And one more thing: It
helps these Pace-setters grow revenue and gross profit faster than other
organizations. Whatâs their secret?
Itâs cloud computing â their engine for
growth."
â IBM Report, âUnder Cloud Cover â How Leaders are
Accelerating Competitive Differentiationâ
24. Work is not a place, it is what you
do (wherever you are).
â and â
What you do while working is
fundamentally different.
25. What Would Rita Say?
The Three Tâs â Technology, Talent & Time
âHow would you think differently about your strategy
if you knew your advantage might not last?â
Â
Rita McGrath, Columbia Business School, Author â End of Competitive
Advantage!
29. Tom
 Hood,
 CPA.CITP
Â
CEO
Â
Maryland
 Associa8on
 of
 CPAs
Â
Business
 Learning
 Ins8tute
Â
(443)
 632-Ââ2301
Â
E-Ââmail
 tom@macpa.org
Â
Web
 hNp://www.macpa.org
Â
Blog
 hNp://www.cpasuccess.com
Â
Blog
 hNp://www.bizlearningblog.com
Â
Â
Â
Follow
 me
 on:
Â
ĂźďźâŻ
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 hCp://www.TwiCer.com/tomhood
Â
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 hCp://www.linkedin.com/in/tomhood
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7/30/14
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