Identify them in both individuals and the business.
By Matt Rampe
After lots of thoughtful prework in the Initiate stage, you’re now at your strategic planning event! It begins with the Identify stage, where we are going to identify areas of excellence in your firm to build momentum.
You’re at the starting line! You know what strategic planning is and why it matters, and you’re ready to begin. This article will tell you all about how to start strategic planning. It’s called Stage 1: Initiate.
While we eventually will cover the whole 5i process, it’s worth noting that this process can be tailored to your firm, so feel free to take pieces of it that may apply and leave behind any that don’t, based on your situation. You’ll find many useful tools and ideas even if you don’t use the whole framework. READ MORE →
Based on a concept by Eric Teller, director of Google X
By Matt Rampe
Our world is changing at an increasing rate.
Eric Teller, CEO of Google X research and development lab, says that “even though human beings and societies have steadily adapted to change, on average, the rate of technological change is now accelerating so fast that it has risen above the average rate at which most people can absorb all these changes.”
This probably will not come as a surprise. Artificial intelligence, cloud-based solutions, automation and data analytics are rapidly advancing and changing the way accountants work forever.
And the rate of change is not limited to just technology. Barry Melancon, former CEO of the AICPA, said, “We faced a level of disruption none of us had ever experienced before,” at the end of 2020, but the changes have not stopped or slowed. Similarly, in an Accounting Today article, current AICPA CEO Mark Koziel said, “You’re going to hear, ‘Disrupt, disrupt, disrupt.’ I hate that word. How many people want to be disrupted? How many people want a root canal? But the whole marketplace is being disrupted – it’s not just us.” READ MORE →
Every year, the 2025 Rosenberg MAP Survey asks the industry’s top consultants to share their observations from CPA firms across the country: How do you think the next 12 months will unfold? Trends? Predictions? Other thoughts? Also, how would you assess the last 12 months? Trends? Observations? Struggles?
Private equity will keep making inroads and driving consolidation. We may see some early PE-backed winners (windfall buyouts) and losers (talented partners, staff and clients exiting the PE model).
Artificial intelligence and technology will continue to drive innovation on our work. It remains to be seen whether the efficiency gains will be in stair steps – or just incremental progress. READ MORE →
Private equity and technology will continue to advance. This will create a more competitive landscape, with more firms innovating on all aspects of the traditional CPA firm model. READ MORE →
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