FICPA Mega CPE Conference - Professional Issues Update - Technology & Learning
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FICPA Mega CPE Conference - Professional Issues Update - Technology & Learning
- 1. Professional Issues Update: How technology affects the future of learning for CPAs Tom Hood, CPA, CITP, CGMA June 12, 2014
- 2. If there is a conversation about the future of the profession, you're bound to hear Hood's name mentioned as one of the people leading the way. – Accounting Today Tom Hood, CPA, CITP, CGMA ! Named the Second Most Influential in Accounting by Accounting Today Magazine 2013 ! Top 150 Influencer by Linked-In ! Top 25 Influencers in Learning HR by HR Examiner ! Top 25 Public Accounting Thought Leaders by CPA Practice Adviser ! Working on Learning Management with AICPA/ CPA2Biz, Cloud Curriculum, Performance Management /XBRL, Leadership Generations CEO Maryland Association of CPAs (MACPA) www.macpa.org Business Learning Institute (BLI) www.blionline.org http://www.linkedin.com/in/tomhood/
- 4. The future of accounting is bright – accounting students from six Maryland universities at MACPA – NABA event http://cpa.tc/4aa
- 5. Expects a 13% growth rate in accounting and auditing jobs from 2012 to 2022
- 6. # 3 2014
- 7. CPA credential in high demand! Source: Wall Street Journal, 8/13/13 Employers: Most desired credential Solid salary growth Entry-level demand also strong Robert Half 2014 Salary Guide
- 10. THE FUTURE OF JOBS
- 11. Anticipation is showing up across our Profession CFO Roundtable, Gov’t CPAs Biz Ind Roundtable
- 12. We are in a race…!
- 13. Caused by this guy…!
- 14. It’s really a math problem…! 2006!
- 15. The Shift Change 1. Leadership! 2. Learning! 3. Technology! 4. Generations! 5. Workplace!
- 16. The challenge opportunity is to make the shift from the first curve to the second curve at the right time and with the right strategy
- 17. We live in a transformational time. In the next five years, guaranteed, we're going to transform – not change, but transform – how we sell, how we market, how we communicate, collaborate, innovate, train, educate.” – Dan Burrus
- 18. www.blionline.org/rita Top Five Issues Facing CPA firms Source:AICPA PCPS
- 19. www.blionline.org/rita Top Five Issues Facing CPA firms Source:AICPA PCPS
- 20. www.blionline.org/rita 1. Doing more with less 2. Keeping pace with Health Care Reform PPACA 3. Uncertainty – Economic, Political, Regulatory 4. Competition and Cash Flow 5. Succession and talent development Top Five Issues Facing CFOs
- 21. Cambrian “Big Bang” Explosion
- 22. One out of five organizations has discovered a secret source of competitive differentiation. It allows them to serve customers in new ways and reimagine their business models. It can help surface valuable insights from their data and transform how they make decisions. It enables them to tap expertise from across their entire ecosystem.And one more thing: It helps these Pacesetters grow revenue and gross profit faster than other organizations.What’s their secret? It’s cloud computing -– their engine for growth. Source: IBM Report – Under Cloud Cover – How Leaders are Accelerating Competitive Differentiation
- 23. How can we escape the “pull of the past”? From: Systems of Record To: Systems of Engagement
- 24. The Two T’s – Technology Talent What would Rita say? Rita McGrath, Columbia Business School! Author – End of Competitive Advantage! “How would you think differently about your strategy if you knew your advantage might not last?”
- 25. Now what: The New Strategy Playbook • Continuous Reconfiguration • Healthy Disengagement • Deft Resource Allocation • Innovation Proficiency • Discovery Driven Mindset • Entrepreneurial Career Management www.blionline.org/ritaSource: Rita McGrath
- 27. WTF? What’s the Future of Learning • Innovate Experiment • Ignite a Passion for Learning • Make Learning Personal • Measure What Matters
- 28. theBounce
- 29. www.blionline.org • Identify Competencies • Career Path (Ladder) • Curriculum • Cloud Learning Our approach –The Four C’s The right talent with the right skills at the right time
- 31. For Individuals - CloudLearning “Use the tools, don’t let the tools use you.” – Francine McKenna @retheauditors • Twitter • Linked-In • Blog • Slideshare.net • Evernote • Tweetdeck.com • Hootsuite.com • Zite.com
- 32. For Firms/Orgs CloudLearning We see this system as a key recruitment and retention tool, allowing us to offer our people many of the things that the largest firms do - competency–based curriculum, career paths, and just-in-time learning, and our own custom DS learning center. ! - Allen DeLeon, Managing Partner!
- 33. For more information contact info@blionline.org
- 35. Think Big! Think New! Think Fast!
- 36. Tom Hood, CPA.CITP CEO Maryland Associa8on of CPAs Business Learning Ins8tute (443) 632-‐2301 E-‐mail tom@macpa.org Web hNp://www.macpa.org Blog hNp://www.cpasuccess.com Blog hNp://www.bizlearningblog.com Follow me on: ü TwiMer: hMp://www.TwiMer.com/tomhood ü LinkedIn: hMp://www.linkedin.com/in/tomhood ü Facebook: hMp://www.facebook.com/thoodcpa ü Slideshare: hMp://www.slideshare.net/thoodcpa ü Youtube: hMp://www.youtube.com/thoodcpa