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Leadership in the Participatory Economy

                        CCH Connections 2011
                          November 7, 2011
                           San Antonio, TX




        Presented by:


        Tom Hood, CPA.CITP
        CEO
        Maryland Association of CPAs
        Business Learning Institute            1
Download today’s slides at …

www.SlideShare.net/thoodcpa
Is leadership changing?

      If so, how?
What CPAs have said abut the future:




1.  Changing demographics - Aging workforce, diversity, 4 generations in the
    workplace
2.  Increased globalization, economic shifts and increasing competition
3.  The technological revolution - cloud, social, big data & XBRL
4.  Issues around Information Security, Privacy & data integrity
5.  Shift to consumer and employee power (from push to pull)
6.  Changes in the way we communicate - mobile, txt, skype
7.  Work-life challenges or conflict - "do more with less", 24/7 work
8.  Information Overload - filter failure
9.  Increasing complexity of rules and standards (IFRS, GAAP, PCAOB,
    SEC)
10. Economic uncertainty - deficit, debt and pressure on government


 American Institute of CPAs
We	
  can	
  choose	
  to	
  harness	
  the	
  
         winds	
  of	
  change	
  




          The tornado of changes from CPA Vision Project circa 2000
From	
  feeling	
  “lonely	
  at	
  the	
  top”	
  
To	
  the	
  wisdom	
  of	
  the	
  crowd	
  
Is this working for you?
How	
  is	
  leadership	
  changing?	
  




“What got you here won’t get you there.”
                    – Emmanuel Gobillot - Leadershift
Leadership	
  is	
  DEAD	
  
• Democra?c	
  
• Exper?se	
  
• AAen?on	
  
• Diverse	
  
What	
  hasn’t	
  changed	
  about	
  
                   leadership?	
  
•    Engagement
•    Alignment
•    Commitment
•    Accountability




“First I get all of my men facing the same direction.”
                                     - Napoleon
CLO magazine shows the changing role of leaders
Leadership	
  is…	
  
       The	
  ability	
  to	
  gain	
  insights	
  and	
  the	
  
       ap?tude	
  to	
  turn	
  them	
  into	
  ac?on	
  –	
  
                    Insights	
  to	
  Ac?on	
  
                                  	
  
        -­‐  Tom	
  Hood	
  &	
  Gretchen	
  Pisano	
  
	
  
       (one	
  without	
  the	
  other	
  is	
  either	
  useless	
  or	
  destruc?ve)	
  
Leadership is Connect & Collaborate!

From:	
  Command	
  &	
  Control	
  
	
  
	
  
To:	
  Connect	
  &	
  Collaborate	
  
What	
  do	
  leading	
  
organiza?ons	
  look	
  like?	
  
Leadership	
  =	
  Mul?plica?on	
  
• 15	
  X	
  –	
  ROI	
  strategy	
  as	
  
  process	
  &	
  alignment	
  
• 8	
  X	
  –	
  Strengths	
  
• 6	
  X	
  –	
  Trust	
  &	
  Engagement	
  
• 3	
  X	
  -­‐	
  Posi?vity	
  
Zappos	
  –	
  the	
  future	
  of	
  work	
  
The	
  Par?cipatory	
  Leader	
  
•  Knows	
  his/her	
  strengths	
  and	
  the	
  strengths	
  of	
  
   others	
  
•  Sets	
  context	
  and	
  defines	
  reality	
  
•  Asks	
  powerful	
  ques?ons	
  to	
  seek	
  high	
  leverage	
  
   opportuni?es	
  
•  Taps	
  the	
  collec?ve	
  wisdom	
  of	
  the	
  team	
  and	
  
   connects	
  them	
  to	
  the	
  organiza?on’s	
  purpose	
  
   &	
  values	
  
•  Inspires	
  ac?on!	
  
First,	
  Know	
  Thyself!	
  
Strengths-­‐Based	
  Leadership	
  
         Self-­‐awareness	
  in	
  the	
  moment	
  



   Leadership	
  based	
  on	
  posi?vity,	
  that	
  seeks	
  to	
  build	
  
      on	
  individual	
  and	
  organiza?onal	
  strengths	
  and	
  
    collaborates	
  to	
  con?nuously	
  learn.	
  It	
  is	
  constantly	
  
       considering	
  the	
  context	
  and	
  asking	
  powerful	
  
        ques?ons,	
  learning,	
  reflec?ng,	
  and	
  crea?ng	
  
                    pathways	
  to	
  the	
  future.	
  	
  
 	
  
Humans are fundamentally
   “sight” creatures
        We need longer sightlines
         during periods of rapid
                change



               And the power of
               making our
               thinking visible to
               others…
As knowledge moves from stocks
to flows, how do we stop our inventory
       from becoming obsolete?
Five Qualities of Extraordinary Leaders
                 1.  Sight - Ability to see emerging


 L≥C
                       patterns and shift perspective
                       when necessary
                 2.    Insight – Ability to think
                       strategically and critically to gain
                       insights
                 3.    Create – Seek high leverage
                       opportunities that build on your
                       strengths
                 4.    Communicate - Ability to
                       make your thinking visible to
                       others and the ability to
                       collaborate inside and outside
                       your organization
                 5.    Inspire – Ability to mobilize
                       support and engage others
                       involved in doing the work to join
                       you in ACTION
Effective transfer of tacit
 knowledge generally requires
extensive personal contact and
       trust. - Wikipedia
Setting context & defining reality

                  The	
  four	
  most	
  
                important	
  words	
  
                for	
  organiza?ons	
  
                are,	
  “what	
  do	
  you	
  
                           think?”	
  
                   -­‐	
  Tom	
  Peters	
  
Connec?ng	
  them	
  to	
  the	
  purpose	
  
The	
  wisdom	
  of	
  the	
  crowd	
  –	
  an	
  example	
  
from	
  the	
  2011	
  AICPA	
  EDGE	
  Conference	
  
MBSN!	
  Management	
  by	
  S?cky	
  Notes	
  
Sharing	
  by	
  making	
  your	
  thinking	
  visible	
  
           &	
  your	
  ideas	
  portable	
  
How	
  is	
  leadership	
  changing?	
  
How	
  is	
  Leadership	
  changing?	
  
•  More	
  democra?c	
  –	
  moving	
  from	
  push	
  to	
  pull	
  
•  Flexible	
  &	
  adaptable	
  –	
  capable	
  of	
  responding	
  
     to	
  faster	
  rates	
  of	
  change	
  
•  Increased	
  risk	
  &	
  less	
  ?me	
  to	
  make	
  decisions	
  
•  Con?nuous	
  learning	
  (L>C)	
  for	
  individuals	
  and	
  
     organiza?ons	
  
•  Need	
  for	
  more	
  younger	
  leaders	
  
•  Long-­‐range	
  vision	
  +	
  strong	
  core	
  values	
  
	
  
Leadership	
  Wordle	
  




   http://www.wordle.net
What	
  do	
  young	
  professionals	
  need	
  to	
  
                  be	
  leaders?	
  
•  “Som	
  skills”	
  broader	
  and	
  more	
  diverse	
  knowledge	
  in	
  
   leadership,	
  management,	
  change	
  &	
  business	
  development	
  
•  Ability	
  to	
  tap	
  into	
  networks	
  (AICPA,	
  others)	
  to	
  con?nuously	
  
   learn	
  (including	
  social	
  media)	
  
•  Learn	
  and	
  teach	
  collabora?on,	
  &	
  leadership	
  
•  How	
  to	
  embrace	
  change	
  and	
  be	
  flexible	
  &	
  adaptable	
  
•  Learn	
  how	
  to	
  lead	
  teams	
  
•  Bridge	
  the	
  gap	
  between	
  “older	
  leaders”	
  and	
  “younger	
  
   leaders”	
  
•  Learn	
  about	
  themselves	
  (Strengths-­‐based	
  leadership)	
  so	
  
   they	
  can	
  be	
  more	
  purposeful,	
  proac?ve	
  &	
  mo?vated	
  
Does	
  it	
  really	
  work?	
  
               CPA	
  Examples	
  
AICPA Major Firms
Collabora?on	
  &	
  the	
  wisdom	
  of	
  the	
  crowd	
  
Some closing thoughts
“It is hard to plan for the long term future when you don’t
know what is going to happen five minutes from now.

Today, a competitive edge is thin and temporary; the edge
quickly becomes the margin. The ability to define the edge,
and the ultimate competitive advantage, is found in the
smarts, heart and ingenuity of your people - that's your
powerhouse. Tap that, train it, focus it and mobilize it; now
you've engaged a network and inspired a sustainable shift.

Insight to action, one without the other is either useless or
destructive.”
                                  -Tom Hood & Gretchen Pisano
                                  co-authors of the i2a: Insights to Action
                                  Strategic Thinking System
     http://www.bizlearning.net/live/i2astrategicplanning
Insights	
  to	
  Go!	
  




is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved.
A leader’s job is to…


Provide hope &
inspiration!



Tom Hood & Gretchen Pisano
Links
  •  Strategic Planning
    –  http://www.bizlearning.net/live/i2astrategicplanning
  •  Future Forums
    –  http://www.bizlearning.net/live/i2afutureforums
    –  Leadership Development
    –  http://www/bizlearning.net/live/i2aleadership
  •  Customized Training
    –  http://www.bizlearning.net/learningcenter/
  •  Search our Catalog
    –  http://www.bizlearning.net/learningcenter/
       customizedtraining/BLI_catalog.cfm
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	
  
hNp://www,bizlearningblog.com	
  
                       	
  
                       	
  
=


                           Leadership blogs:
                        www.cpasuccess.com
                      www.bizlearningblog.com
Follow me on:
  Twitter: http://www.Twitter.com/tomhood
  LinkedIn: http://www.linkedin.com/in/tomhood
  Facebook: http://www.facebook.com/thoodcpa
 Plaxo: http://tomhood.myplaxo.com
 Slideshare: http://www.slideshare.net/thoodcpa
 Youtube: http://www.youtube.com/thoodcpa
 Second Life avatar name: Rocky Maddaloni
Check our Customized Training Catalog out:
                        http://www.bizlearning.net

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Leadership in Participatory Economy- CCH User Conf 2011

  • 1. Leadership in the Participatory Economy CCH Connections 2011 November 7, 2011 San Antonio, TX Presented by: Tom Hood, CPA.CITP CEO Maryland Association of CPAs Business Learning Institute 1
  • 2. Download today’s slides at … www.SlideShare.net/thoodcpa
  • 4.
  • 5. What CPAs have said abut the future: 1.  Changing demographics - Aging workforce, diversity, 4 generations in the workplace 2.  Increased globalization, economic shifts and increasing competition 3.  The technological revolution - cloud, social, big data & XBRL 4.  Issues around Information Security, Privacy & data integrity 5.  Shift to consumer and employee power (from push to pull) 6.  Changes in the way we communicate - mobile, txt, skype 7.  Work-life challenges or conflict - "do more with less", 24/7 work 8.  Information Overload - filter failure 9.  Increasing complexity of rules and standards (IFRS, GAAP, PCAOB, SEC) 10. Economic uncertainty - deficit, debt and pressure on government American Institute of CPAs
  • 6. We  can  choose  to  harness  the   winds  of  change   The tornado of changes from CPA Vision Project circa 2000
  • 7. From  feeling  “lonely  at  the  top”  
  • 8. To  the  wisdom  of  the  crowd  
  • 9. Is this working for you?
  • 10. How  is  leadership  changing?   “What got you here won’t get you there.” – Emmanuel Gobillot - Leadershift
  • 11. Leadership  is  DEAD   • Democra?c   • Exper?se   • AAen?on   • Diverse  
  • 12.
  • 13. What  hasn’t  changed  about   leadership?   •  Engagement •  Alignment •  Commitment •  Accountability “First I get all of my men facing the same direction.” - Napoleon
  • 14. CLO magazine shows the changing role of leaders
  • 15. Leadership  is…   The  ability  to  gain  insights  and  the   ap?tude  to  turn  them  into  ac?on  –   Insights  to  Ac?on     -­‐  Tom  Hood  &  Gretchen  Pisano     (one  without  the  other  is  either  useless  or  destruc?ve)  
  • 16. Leadership is Connect & Collaborate! From:  Command  &  Control       To:  Connect  &  Collaborate  
  • 17.
  • 18. What  do  leading   organiza?ons  look  like?  
  • 19. Leadership  =  Mul?plica?on   • 15  X  –  ROI  strategy  as   process  &  alignment   • 8  X  –  Strengths   • 6  X  –  Trust  &  Engagement   • 3  X  -­‐  Posi?vity  
  • 20.
  • 21. Zappos  –  the  future  of  work  
  • 22.
  • 23. The  Par?cipatory  Leader   •  Knows  his/her  strengths  and  the  strengths  of   others   •  Sets  context  and  defines  reality   •  Asks  powerful  ques?ons  to  seek  high  leverage   opportuni?es   •  Taps  the  collec?ve  wisdom  of  the  team  and   connects  them  to  the  organiza?on’s  purpose   &  values   •  Inspires  ac?on!  
  • 24. First,  Know  Thyself!   Strengths-­‐Based  Leadership   Self-­‐awareness  in  the  moment   Leadership  based  on  posi?vity,  that  seeks  to  build   on  individual  and  organiza?onal  strengths  and   collaborates  to  con?nuously  learn.  It  is  constantly   considering  the  context  and  asking  powerful   ques?ons,  learning,  reflec?ng,  and  crea?ng   pathways  to  the  future.      
  • 25. Humans are fundamentally “sight” creatures We need longer sightlines during periods of rapid change And the power of making our thinking visible to others…
  • 26.
  • 27. As knowledge moves from stocks to flows, how do we stop our inventory from becoming obsolete?
  • 28. Five Qualities of Extraordinary Leaders 1.  Sight - Ability to see emerging L≥C patterns and shift perspective when necessary 2.  Insight – Ability to think strategically and critically to gain insights 3.  Create – Seek high leverage opportunities that build on your strengths 4.  Communicate - Ability to make your thinking visible to others and the ability to collaborate inside and outside your organization 5.  Inspire – Ability to mobilize support and engage others involved in doing the work to join you in ACTION
  • 29. Effective transfer of tacit knowledge generally requires extensive personal contact and trust. - Wikipedia
  • 30. Setting context & defining reality The  four  most   important  words   for  organiza?ons   are,  “what  do  you   think?”   -­‐  Tom  Peters  
  • 31. Connec?ng  them  to  the  purpose  
  • 32. The  wisdom  of  the  crowd  –  an  example   from  the  2011  AICPA  EDGE  Conference  
  • 33. MBSN!  Management  by  S?cky  Notes   Sharing  by  making  your  thinking  visible   &  your  ideas  portable  
  • 34. How  is  leadership  changing?  
  • 35. How  is  Leadership  changing?   •  More  democra?c  –  moving  from  push  to  pull   •  Flexible  &  adaptable  –  capable  of  responding   to  faster  rates  of  change   •  Increased  risk  &  less  ?me  to  make  decisions   •  Con?nuous  learning  (L>C)  for  individuals  and   organiza?ons   •  Need  for  more  younger  leaders   •  Long-­‐range  vision  +  strong  core  values    
  • 36. Leadership  Wordle   http://www.wordle.net
  • 37. What  do  young  professionals  need  to   be  leaders?   •  “Som  skills”  broader  and  more  diverse  knowledge  in   leadership,  management,  change  &  business  development   •  Ability  to  tap  into  networks  (AICPA,  others)  to  con?nuously   learn  (including  social  media)   •  Learn  and  teach  collabora?on,  &  leadership   •  How  to  embrace  change  and  be  flexible  &  adaptable   •  Learn  how  to  lead  teams   •  Bridge  the  gap  between  “older  leaders”  and  “younger   leaders”   •  Learn  about  themselves  (Strengths-­‐based  leadership)  so   they  can  be  more  purposeful,  proac?ve  &  mo?vated  
  • 38. Does  it  really  work?   CPA  Examples   AICPA Major Firms
  • 39. Collabora?on  &  the  wisdom  of  the  crowd  
  • 40. Some closing thoughts “It is hard to plan for the long term future when you don’t know what is going to happen five minutes from now. Today, a competitive edge is thin and temporary; the edge quickly becomes the margin. The ability to define the edge, and the ultimate competitive advantage, is found in the smarts, heart and ingenuity of your people - that's your powerhouse. Tap that, train it, focus it and mobilize it; now you've engaged a network and inspired a sustainable shift. Insight to action, one without the other is either useless or destructive.” -Tom Hood & Gretchen Pisano co-authors of the i2a: Insights to Action Strategic Thinking System http://www.bizlearning.net/live/i2astrategicplanning
  • 41. Insights  to  Go!   is a custom i2a application designed and developed by BLI and SBI • www.bizlearning.net © 2011 “CPA Horizons 2025.” All rights reserved.
  • 42. A leader’s job is to… Provide hope & inspiration! Tom Hood & Gretchen Pisano
  • 43. Links •  Strategic Planning –  http://www.bizlearning.net/live/i2astrategicplanning •  Future Forums –  http://www.bizlearning.net/live/i2afutureforums –  Leadership Development –  http://www/bizlearning.net/live/i2aleadership •  Customized Training –  http://www.bizlearning.net/learningcenter/ •  Search our Catalog –  http://www.bizlearning.net/learningcenter/ customizedtraining/BLI_catalog.cfm
  • 44. 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   hNp://www,bizlearningblog.com      
  • 45. = Leadership blogs: www.cpasuccess.com www.bizlearningblog.com Follow me on:   Twitter: http://www.Twitter.com/tomhood   LinkedIn: http://www.linkedin.com/in/tomhood   Facebook: http://www.facebook.com/thoodcpa  Plaxo: http://tomhood.myplaxo.com  Slideshare: http://www.slideshare.net/thoodcpa  Youtube: http://www.youtube.com/thoodcpa  Second Life avatar name: Rocky Maddaloni Check our Customized Training Catalog out: http://www.bizlearning.net