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

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

Dec 14, 2016 10:30:00 AM

Without Leadership There Is No Culture of Innovation

“Tone at the Top” can be cliché, but not when we’re talking about innovation. In fact, without leadership leading the way, it is impossible to have a culture that fosters innovation.

In CPA firms, we are in desperate need of bold leaders to step forward and decide they’ll no longer live in the Historical CPA category, the traditional role of the profession. I am eager for us to transform our profession into the Future Ready Firm. 

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Topics: Innovation, Leadership

Dec 7, 2016 10:00:00 AM

Culture Leads Innovation

Our profession has not been known for innovation, and the transformative change we are all experiencing has taken out a lot of really smart businesses across a variety of industries. In fact, over 50% of Fortune 500 companies have disappeared since the year 2000. Lots of really smart people have failed to innovate rapidly enough to remain relevant.  

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Topics: Innovation, Culture, Leadership

Nov 30, 2016 11:30:00 AM

Embrace Change to Drive Innovation

When published its “Insights into the CPA of the Future Study,” 92% of CPAs reported that they were not “future ready.” Future ready is defined as the capacity to be aware, predictive and adaptive of emerging trends, innovations and changes in business, population and the social environment.

In a recent McKinsey Poll, 84% of global executives reported that innovation was extremely important to their growth strategies. That same report also reported that 94% of those executive were dissatisfied with their own organization’s innovation.

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Topics: Innovation, Anticipatory, Leadership

Aug 24, 2016 11:00:00 AM

Are You an Innovation Cruiser?

Jeff Foxworthy says, “You might be a redneck if you think the styrofoam cooler is the greatest invention of all time.” Now we all know the greatest invention is the YETI. In fact, I used my wife’s YETI to keep the fish iced down from that fishing trip at Sea World featured in my Passion Cruiser blog. But seriously, I did use her YETI to ice down those speckled trout that I caught on a recent fishing trip in Louisiana with Captain Kerry Audibert. You can check out a shot of our catch on Instagram. We had a fantastic trip and caught some very nice size trout, especially considering the hot weather in August.

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Topics: Innovation, Leadership

Dec 2, 2015 11:00:00 AM

Social Business Winners and Losers

For years I have heard jokes about how slow the public accounting profession is in being innovative or adopting changes in business practices. Odds are, you have too. My favorite has always been, “When did the CPA buy his/her first fax machine?” Of course, the answer is, “When the client called and asked, ‘What is your fax number? I’m trying to fax you something.’”

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Topics: Innovation, Hard Trend, Leadership