Nov 15, 2017 10:30:00 AM

Major Obstacles to More Advisory Services

Recently, I was fortunate to participate in an intense brainstorming session on the future of our profession with six other top 100 CPA managing partners. One of the hot topics was the very evident need for our profession to provide more advisory insights and services to our clients. With oncoming automation around data input and analysis, we know our services need to evolve into more advisory type services. We discussed that our "trusted advisor" status is anchored too closely to compliance, transactional and historical type services. Primarily, we have been a very responsive profession where few have consistently served as proactive strategic advisors.

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Topics: Focus, Anticipatory, Leadership

Oct 25, 2017 12:02:32 PM

Face Your Fear and Reach Your Full Potential

People ask me, “Joey, aren’t you scared of this massive fast-moving change and exponential technology transformation?” The quick answer is YES, absolutely! I really think a professional would have to be in denial to not be afraid of what is in front of us. It reminds me of the first time I jumped on a big street bike.

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Topics: Growth, Leadership

Oct 11, 2017 11:30:00 AM

Are You Prepared for Accelerated Change?

Springtime was always associated with a garden when I was growing up. Even today, garden fresh vegetables are simply divine and one of my favorite meals. Every spring my mouth waters waiting on that first home-grown tomato.

It was in the family garden where I lost the end of my left thumb. It’s attached back now, but it’s not the prettiest thumb you will ever see. Even to this day, when I take pictures, I feel myself slipping that thumb inside of my hand and out of sight. My grandkids routinely ask me, “What happened to your thumb, Pops?” “Does it hurt?” “Let me see your boo-boo!”

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Topics: Anticipatory, Leadership

Sep 20, 2017 11:00:00 AM

Innovation Requires Focused Leadership: Part 3 of Building a Culture of Innovation

Innovation is a key to our future success, and we can build a culture of innovation within our own teams. This 3-part series explores what it means to build a truly innovative culture at your business or firm. Make sure to read Choosing to be Open Minded, Part 1 of Building a Culture of Innovation, and Culture Leads Innovation, which is Part 2 of Building a Culture of Innovation to understand the entire journey.

Recently, when Tom Hood addressed our partners at our annual partner retreat, he helped us understand what type of leadership is required today when we are faced with such a disruptive rapid transformation. Today, every organization must be innovative and must have an incredible commitment to learning in order to remain relevant. Someone said, “survival is not mandatory.” And unless we become extremely focused as leaders, we will miss an amazing opportunity for growth. This rapid transformation brings an abundance of opportunities to leaders and firms that are focused. It also means that everyone leads, but our top leadership must be intensely focused. 

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Topics: Focus, Culture, Leadership

Sep 13, 2017 1:30:00 PM

Culture Leads Innovation: Part 2 of Building a Culture of Innovation

Innovation is a key to our future success, and we can build a culture of innovation within our own teams. This 3-part series explores what it means to build a truly innovative culture at your business or firm. Make sure to read Choosing to be Open Minded, Part 1 of Building a Culture of Innovation, to understand the entire journey.

Sunday, I went to a church where my son Brandon and his family attend. CeCe was not feeling well so I was meeting Brandon, Margie and the kids there. On the way to the church, I got a text that they were not going to make it as they had been up all night with the baby. Sully (Sullivant) is four months old now and our sixth grandkid. As I sat in the parking lot realizing I barely knew anyone at this church, I started thinking about heading home. I did not have a sense of belonging and was really dreading having to meet a lot of new people or explain why I was alone visiting today. Lots of excuses go through our minds when we do not have that sense of security—our sense of belonging.  

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Topics: Culture, Sense of Belonging, Leadership

Sep 6, 2017 11:00:00 AM

Choosing to be Open Minded: Part 1 of Building a Culture of Innovation

Innovation is a key to our future success, and we can help build a culture of innovation within our own teams. This three-part series explores what it means to build a truly innovative culture at your business or firm.

Yes, I am tired of hearing about our world being transformed. I really am. I am also tired of hearing my wife, CeCe (a nickname from our grandkids), coach me on better eating habits by challenging my legacy thinking that if it’s healthy food, two or three servings will not hurt me. Does she get on my nerves at times? Yes! Has she helped me be more open minded about what it takes to eat healthier? Yes! I know that I owe her a big thanks for my progress (seven painful pounds so far) to getting healthier. I know at my age, my metabolism and body have changed, yet I want to cling to my old fun habits. My mind searches for things that support my old lifestyle and tries to stifle information that says I need to change. I realize that neither being tired of hearing about getting healthier or simply knowing about it is going to help me be any healthier. It’s time for me to be more open minded.

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Topics: Innovation, Forward Thinking, Leadership

Aug 30, 2017 11:30:00 AM

The Trouble With Looking Backward

I was laughing uncontrollably on the back of a golf cart when this blog came to life. We were in Palmetto Bluff, SC for our annual HORNE LLP partner retreat. (By the way, this experience is bucket list material. Highly recommend a visit with a few days in a cottage facing the water—incredible views). 

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Topics: Windshield View, Future View, Leadership

Aug 23, 2017 11:00:00 AM

The Future Is Bright — If You Embrace Incompetence Today

Why are firms and CPAs moving so slowly to do what it takes to move from transactional/technical/compliance work to serving as an advisor that actually helps clients redefine reality and discover what’s possible in their future?

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Topics: Leadership

Aug 17, 2017 9:30:00 AM

The Secret Ingredient to Building High-Performance Teams

As we sat elbow-to-elbow in the tiny fellowship hall of the little rural Methodist church, enjoying a delightful selection of home cooked food, Schaeffer (a team member on our healthcare valuation team) leaned over and said, “I bet there’s already a blog idea in your head about this experience.” He was right, but I must confess, at the time I was too busy enjoying the fresh cut skillet corn and the bacon enriched butter beans—an experience that was truly reliving the tradition of “Sunday Lunch” with family and friends.

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Topics: Team Building, Leadership

Aug 9, 2017 10:00:00 AM

We're Fine

Today, it’s very common to hear people greet each other and respond to personal inquiries as, “Fine,” “I’m fine,” “We’re fine.” At the AICPA Major Firms Group meeting in July, I overheard many managing partners and COOs respond to inquiries about their firm with, “We’re fine.” For some reason, it didn’t seem as confident as it might have in the past. There were a few smiles missing. I could feel a little tension and heard a more serious tone, which caught my attention.  It was obvious to me that “We’re fine” had a different context this year. 

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Topics: Anticipatory, Leadership

Jul 26, 2017 10:00:00 AM

The Emotional Journey of Creating Anything Great

A few months ago at HORNE’s State of the Firm, we discovered together that most of us are swimming, wading, tiptoeing or running through the swamp of despair since we took a new direction in response to the transformation we see around us. We reviewed this insightful graphic, “The Emotional Journey of Creating Anything Great,” and each of us identified where we were on our journey. It was not pretty, big change never is.

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Topics: Growth, People Development, Leadership

Jul 19, 2017 11:30:00 AM

Turn Up Ahead

In a moment of insanity, I agreed to go to the factory outlet mall with my wife, Cathy, on a Sunday afternoon. The reason? 1. It was raining, 2. We had been in the house for 2 days, 3. I did need some new casual dress shoes, 4. The NCAA college baseball regional that I was watching was on my ESPN app (LOVE IT), and 5. I knew she would love it (yes, this one should be higher on the list).

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Topics: Innovation, Anticipatory, Leadership

Jun 28, 2017 10:30:00 AM

Founders and Values

Fifty-one years ago this month, Roy Ward, a young and inexperienced yet entrepreneurial-driven accountant, joined the solo practice of William F. Horne in Laurel, MS. Mr. Horne’s practice was just slightly more than three years old at the time (founded in 1962) and his office was located in a converted house at Jefferson Street. This is the moment when HORNE LLP’s journey began in earnest and where many of the core values of our Wise Firm culture were established. 

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Topics: Core Values, Leadership

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