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Tag Archives: transformation

Coping with disruption – practical strategies at an exciting event this June!

Coping with disruptionI am thrilled to be one of the featured speakers discussing “Coping with disruption” at the Chartered Professional Accountants of Alberta Elevate Your Mind Professional Development Conference being held in Calgary AB this June 7.  And just as excited to be featured in the Spring issue of Dividends Magazine, going out to over 29,000 CPAs in Alberta.

This year’s conference poses the provocative question: Have you ever wondered what the brink of a technological revolution signifies for the profession and how your role as an accountant might change in an era of constant disruption?  The answers are to be found in a variety of presentations at this event, all focusing on the future of the profession in relation to the digital age.  My session is titled “How to Prosper – Practical Approaches to Thriving in Disruption” and it will address coping with disruption – specific strategies to survive and thrive in age of rapid transformation.  Here is a link to my interview that was published in Dividends magazine.

So … are you going to attend?  It is THE place to be if you are and Alberta CPA.  Do drop me a note (or just add a comment below) to let me know if you’re going to be there.  I look forward to seeing you!

Last summer, I wrote a column for Canadian Accountant titled How to prosper in the age of accounting robots, which addressed many of the issues that will, no doubt, come up at this event on June 7.

Leaders: want to stay relevant? Challenge the status quo

SidRidgleyI’ve blogged in the past about the importance of pushing for change when you’re a leader. See Implementing change should be like shaking a champagne bottle and Survival depends on how you transform to fit your environment. And this is exactly the message that my professional colleague and friend Sid Ridgley delivers in his guest post today. Sid’s expertise lies in helping leaders increase their company’s value proposition to its customers, employees and shareholders through intensive organizational development strategies, and I’m very excited to share his words of wisdom with all of you.

“The manager accepts the status quo; the leader challenges it” -Warren Bennis

It is perfectly natural to want to keep things intact, seek calm and predictability. After-all, today’s status quo was the result of yesterday’s disruption. Status quo means arriving at the place called “ok” where people are focused on keeping things the same and being content with mediocre results. The trouble is, the world and its people are constantly change. Managers are rewarded for meeting performance targets while keeping within the people, financial and organizational resources that have been budgeted. Typically when managers are asked to “challenge the status quo” they invariably react by focusing on process efficiency. None-the-less, and let’s be clear, the functions of planning, organizing, staffing, directing and evaluating takes the guesswork out of whether or not an organization will achieve some results. But greatness is an illusion. Continue reading

Implementing change should be like shaking a champagne bottle

ChampagneAs we kick off the new year, people everywhere make promises, to themselves and others, to make changes. Whether it’s in the professional or personal arena, the start of a brand new year always seems like a good time to stop doing, start doing, improve or enhance aspects of our lives. And if you’re in a leadership role, you’ve no doubt made resolutions about things that you want to change in your department or organization in order to make your services, products and people more efficient, effective, productive and positive. Unfortunately though, history tells us that far too many change initiatives start off with energy and enthusiasm, and then fizzle and sputter back to the status quo. So what can you do to ensure a different outcome for yourself this time? What can you do to make certain that your change initiatives stick? Consider champagne – a beverage you might have enjoyed a glass of when you rang in the new year! Continue reading

Survival depends on how you transform to fit your environment

Fred Smith, the man who founded Federal Express in 1971, is a classic example of someone who built a successful company by being responsive to changes in customers’ expectations and in the business environment.  FedEx originally started as an idea in a term paper that Smith wrote for an economics class in 1965, while he was still an undergraduate at Yale University.  His premise: as productivity increases with the use of machinery, breakdowns in equipment can easily destroy any efficiency and profitability.  Therefore, a system needs to be developed to ensure that organizations have rapid access to spare parts and materials as they are needed.  With this as a starting point, in 1973, Smith created the now-famous hub-and-spoke-system with his “hub” in Memphis, Tennessee.  Success followed, but the world began to shift more towards a knowledge-based economy.  Continue reading