Topic: strategy

4 Questions Radical Firms Must Face

Embrace the laws of disruption. By Jody Padar The Radical CPA With revolutionary change, comes disruption. You knew that, right? The three laws of disruption say that: Disruption comes to us all. So, if you’re reading this, you’re going to be disrupted. Congratulations, that’s a good thing! Disruption comes because of changes in the product-market fit. There are only three methods to change the product-market fit. MORE ON RADICALISM: Being Radical Is All About Your Customer | Being Radical Starts with Being the Change | Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have […]

READ MORE →

Being Radical Is All About Your Customer

Think in a new way, starting now. By Jody Padar The Radical CPA Once you begin brainstorming about your new processes, you need to think about it from as many different viewpoints as possible, with an emphasis on design thinking. The easiest way to define design thinking is to look at it from your customer’s perspective instead of yours. MORE ON RADICALISM: Being Radical Starts with Being the Change | Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice It’s not all about you. I know, I know. […]

READ MORE →

Being Radical Starts with Being the Change

Here are the questions you need to ask. By Jody Padar The Radical CPA “Say it with me now: I am a change agent.” Before you consider adopting the cloud or any of the “New Firm” mindset, you have to ask yourself if you are willing to be the change. MORE ON RADICALISM: Why Start Being Radical Now? | Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice Once you decide, first things, first. Own it! You have to commit. If you teeter it will be harder. Jump in feet first and feel the […]

READ MORE →

Why Start Being Radical Now?

Your competition can come from anywhere now. By Jody Padar The Radical CPA I’ve been in the cloud for eight years so it’s old news to me. The biggest thing to do is to look around and look at the competi­tion. You can probably leave your firm and start your own firm with less than $400 a month in software and without or very limited overhead. Isn’t that terrifying for you old-timers! MORE ON RADICALISM: Going Radical: The 4 Tenets of a ‘New Firm’ | Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice That’s what the next generation of accountants has at their […]

READ MORE →

Going Radical: The 4 Tenets of a ‘New Firm’

There are 4 keys, but they come down to meeting needs. By Jody Padar The Radical CPA People often ask me: What makes a firm a “New Firm?” There are four fundamental tenets. MORE ON RADICALISM: Why Should CPAs Be Radical? | The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice These four tenets, although adopted dif­ferently within each firm, compromise a new set of values that most of the “movement” firms embrace. Ready? Here we go:

READ MORE → GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE

Why Should CPAs Be Radical?

The alternative is complacency. We all know where that leads. By Jody Padar The Radical CPA CPAs must be “radicalized” so they cannot be lulled into com­placency and driven by reaction to their current firm or live­lihood. The changes that are happening in today’s fast-paced world need to be addressed. MORE ON GETTING RADICAL: The Roots of ‘Radical’ CPAs | The First 3 Questions I Should Have Asked Before Starting My Own Practice You and your team have already felt the changes. The silent majority of many employees are hurt, suspicious and feeling unheard. They see and experience the changes happening around them and don’t understand the complacency or the resistance to change from firm management. You may even be […]

READ MORE →

How Accounting Geeks and Techie Nerds Can Play Nicely Together

The budget demands it. By Donny C. Shimamoto IntrapriseTechKnowlogies With this first article in a series, CPA Trendlines presents an overview of the CPA firm technology strategies of Donny C. Shimamoto, CPA.CITP, and a leading advisor to CPA firms, that will look at issues in strategic technology budgeting for  1. personnel, 2. hardware, 3. software, 4. licensing and subscriptions to IT-related services, 5. capital vs. operating vs. project expenditures, and 6. the IT asset lifecycle. We’ll look at ways to use cloud computing to reduce costs and smooth budgets. These articles will offer concrete solutions whenever possible, but often they can do no more than suggest issues that geeks and nerds need to make relevant to their organizations. The solutions are as […]

READ MORE → GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE

10 Things That Accountants Didn’t Need to Worry about 10 Years Ago

Now, what do you do about it? By Hitendra Patil Pransform Inc. There is a shift in how people make their buying decisions and actually how they buy. Accordingly, there is a total transformation how people sell their products and services. And it’s impacting the CPA business… in at least 10 ways:

READ MORE → GO PRO FOR INSTANT ACCESS / PRO MEMBERS LOG IN HERE

The Roots of ‘Radical’ CPAs

How the ‘new firm’ was born. By Jody Padar The Radical CPA I started to use this newfangled payroll software that worked through the Internet. Back then they didn’t call it the cloud. It was just payroll software that used an Internet browser. It solved my business problems of preparing paychecks, paying taxes and filing tax returns for my customers. The technology was PayCycle, a cloud-based payroll software. MORE RADICAL CPA: The First 3 Questions I Should Have Asked Before Starting My Own Practice PayCycle (which has since been acquired by Intuit) fundamentally changed my firm and my life. All of a sudden payroll became one of the most profitable areas of our firm. It also became a catalyst to […]

READ MORE →