(Ebook) Beyond the Days of the Giants Solving the Crisis of Growth and Succession in Today s CPA Firms 1st Edition by Paul Fisher ISBN 978-1482203561 1482203561

(Ebook) Beyond the Days of the Giants Solving the Crisis of Growth and Succession in Today s CPA Firms 1st Edition by Paul Fisher ISBN 978-1482203561 1482203561

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Product details: 

ISBN 10:   1482203561

ISBN 13: 978-1482203561

Author: Paul D. Fisher 

During the next 10 years, an estimated 40-50 percent of the partners in public accounting firms will retire. This exodus will place an enormous intellectual and financial strain on firms as they scramble to train and promote new partners, retire the existing ones in an orderly manner, and find the profitability to do so in extraordinarily lean economic times.

Beyond the Days of the Giants: Solving the Crisis of Growth and Succession in Today’s CPA Firms is a practical, readable implementation guide for your firm to use during this next critical decade. It gives step-by-step guidance on how to:

Create a growth culture
founded in practitioner-led value creation,
Build a no-new-cost practice system to operate within it , and
Renew practitioner accountability, not to disappearing Giant-centered value creation systems, but to evidence-based value management practice―led by our New Giants.

Table of contents: 

The Days of the Giants
The Giants’ Laments
Value Creation
Commitment
Profit Management by Tradition
Hope for the Return of the Business Cycle
Find Forms of Less Expensive Labor
Find New Ancillary Services
Decide to Merge
The Keys or the Car?

Giants and Dinosaurs
Glory Days
The Extinction of the Finders
The Minders Follow the Finders
Enron and WorldCom
The Great Recession
And, Last, the Grinders
Opportunity and Security Diverge
The Clinical Analogy

Clash of the Titans
Flavor of the Month
I’ll Be the Judge of That!
Me and My Knee
The Customer Is Always…Responsible
Client Choices: The Value of Doing Less
On to Commitment Number Three

Creating Missionary Resolve
Lots to Do, Little to Accomplish
The Disappearing Department
The Merger of Value Creation and Succession
It’s Not My Problem!
But We’re Tired!
Where Do We Start?
The Simple Case
Cooperating Specialists

The Efficiency Equation
Save Money—Live Better
Growth, Stagnation, or Contraction?

Building Your Efficiency Numerator
The Dreaded Fee Discussion
Painting the Picture
A Serious Value-Creation Problem
But Did We Win the War?
Oh, and by the Way
You’re Not Alone

Succession Is Everyone’s Crisis
The Minder’s Lament
The Merger of Value and Succession
Two Birds with One Stone
Happy Retirement!
One or the Other?
One, the Other, or Both?
Good, Better, Best
Mourning the Minders’ Demise
From Theory to Practice

Entrepreneurialism by Design
Think Big, Sort Of
Our Value-Management Model
Who’s Carrying Whose Water?
With or without Mayo?
To Merge or Not to Merge

Build Your Own Mayo Clinic
From Giants to Standards of Care
Algorithms
People
Processes
Status and Professionalism
We the Practitioners
The Journey so Far

The Decision Engines
Uniformity vs. Linearity
So Where Do We Start?
Assessment
Learn by Doing
Deja Vu, Revisited
Specialty Competence
Specialty Integration
Labor Leverage Factor
Value-Management Index
Referral to Nowhere

The New Minders
Melancon’s Undiscovered General Practitioner
The Lineage of the Giants
Exit the Finders
Exit the Minders
So Now What?

Your Primary-Care Teams
A Simple Measure
Cross-Organizational Teams
The VMI Challenge—Relationships or Evidence?
So What Now?

Bibliography
Index

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