Scoops and Scans - Trends We Are Watching
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Scoops and Scans - Trends We Are Watching
Sense making requires sight - scanning and scooping and insight - separating signal from noise
Curated by Tom Hood
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Our Ten 2014 Predictions for HR, Learning, Talent and HR Technology

Our Ten 2014 Predictions for HR, Learning, Talent and HR Technology | Scoops and Scans - Trends We Are Watching | Scoop.it
2014 will be an exciting and challenging year for HR, learning, and talent professionals.In summary, this is a year businesses will find it increasingly difficult to attract, retain, and develop
Tom Hood's insight:

Josh Bersin provides some intresting insights about the future of learning here. Love his quote "the talent war is over, the talent won!" and agree about continuous learning and engagement is really about collaboration and participation, yet many still seek the "silver bullet" that simply is not there.


Our work with public company finance/accounting teams and large CPA Firms supports many of your predictions. We are using a model we call the Bounce (http://cpa.tc/2qh) that says the organizations that will be successful in the future will build comprehensive talent development programs that include the 4 C's - Competencies, Career Paths, Curriculum and Cloud / Continuous Learning.


What will you do differently now that the talent war is over and the talent won?

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Online Education as an Agent of Transformation

Online Education as an Agent of Transformation | Scoops and Scans - Trends We Are Watching | Scoop.it
Online education is beginning to show itself as a disruptive innovation, introducing more convenient and affordable services that can transform sectors.
Tom Hood's insight:

A great piece from the recently named #1 Business Thinker in the world (according to Thinkers50), Clayton Christensen.

 

Two insights for me. First around the Innovation Imperative: Change Everything. The article says it well, we need to rethink our business models and break through the pull of past successes when innovating.

 

"The lessons from any number of industries teach us that those that truly innovate — fundamentally transforming the model, instead of just incorporating the technology into established methods of operation ­ — will have the final say."


Second revolves around the disruption of eductaion and in our case the professional development market we serve. We are quickly moving (thanks to technology) to an on-demand, just-in-time model with plenty of in-class and instructor-led opportunities. There is no question that the networking and social aspects of learning won;t ever disappear but the can be greatly augmented with the technology options.


"As concepts and skills are taught more effectively online, it’s unlikely that face-to-face interaction will cease to matter. Instead, students will be able to arrange for such experiences when it suits the job they need to get done. Given the reality that we all have different learning needs at different times, that’s a far more student-centered experience."


Here is our first leadership skills on-demand 50 hours of CPE qualified "success" skills education for under $200 http://www.macpa.org/Content/BLI-Express-for-Leaders.aspx


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The 5 Things Every CEO Needs To Know About The Cloud

The 5 Things Every CEO Needs To Know About The Cloud | Scoops and Scans - Trends We Are Watching | Scoop.it
The Cloud is a business revolution that no CEO can ignore. Here is your cheat sheet on the top 5 strategic issues that you need to know about.
Tom Hood's insight:

Yet another piece about the benefits of the cloud - freeing up your people, adding creativity, collaboration, better customer experience  and relationships, etc. I particularly like # 4. Disrupt your industry and #5 Move to a New Cost Curve.

 

In our recent survey at our Technology Conference (earlier this week), we had 

 

What thoughts do you have about moving to the cloud?

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Plante Moran Survey: Businesses Made Major Strides in Innovation in 2013 | AccountingWEB

Plante Moran Survey: Businesses Made Major Strides in Innovation in 2013 | AccountingWEB | Scoops and Scans - Trends We Are Watching | Scoop.it
Major gains in innovation within companies have been realized in 2013, as 94 percent of business leaders cited how innovation ties to sustainability and growth as a top organizational priority, up from 79 percent last year.
Tom Hood's insight:

The really big question for CPAs and businesses is, are you working on innovation? if not, chances are you are falling behind quick!

 

Jack Welch once said, "If things are changing outside your company (CPA Firm) faster than on the inside, you are dying." This latest study from @accountingweb and Plante Moran highlights the rate of change in middle market businesses showing a clear and urgent focus on innovation. 

 

The question is are you keeping up?

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AICPA - Top 7 Issues Facing Young CPAs

AICPA - Top 7 Issues Facing Young CPAs | Scoops and Scans - Trends We Are Watching | Scoop.it
Tom Hood's insight:

What's on the minds of young professionals?

 

Here are the Top 7 issues:

1) Information Overload

2) Work/Life Balance

3) Genrational Issues and Communications

4) Developing Networking skills

5) Keeping Up WIth Technology

6) Finding Career Guidance

7) Understanding Social Media

 

From our research with our Young Profesisonals Group and several national conferences of feedback... What's missing?

 

 

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Massive Open Online Courses Trends 2013 Infographic

Massive Open Online Courses Trends 2013 Infographic | Scoops and Scans - Trends We Are Watching | Scoop.it
MOOCs in Higher Education Today 2013 74% of schools currently offer some type of online course. 16% plan to offer one within 3 years. 13% of schools

Via Dr. Susan Bainbridge
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Errol Wilson's curator insight, October 19, 2013 11:24 PM

WE are already using Infographic in the CSUSB MSN Program, nice to know we are in the majority.

Ante Lauc's curator insight, October 21, 2013 3:42 AM

I like that my dream is better and better realized. I am sad that my countrymen are far from it! 

Eliana Lobo's curator insight, October 21, 2013 5:58 PM

I'm taking a course on instructional design right now on Coursera!

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What Organizational Values Do Job Seekers Value Most

What Organizational Values Do Job Seekers Value Most | Scoops and Scans - Trends We Are Watching | Scoop.it
What organizational values to job seekers value the most? A recent report by SilkRoad focuses on the candidate perspective and shows what they want.

Via Don Dea
Tom Hood's insight:

Add to that a mega war for talent is beginning as for every two baby boomers who leave the workforce, only one Gen-Xer is available to replace them.

 

I find it interesting that professional development is the third biggest "benefit" that people are looking for in their employer. This is challenging for small employers and in our case small CPA Firms. Although we have been working on that with webcasts, e-learning, and in-demand leadership programs like our BLI Leadership Express program.

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Don Dea's curator insight, September 13, 2013 12:31 AM

Gallup reports that, despite the perceptions about the slow economy and high unemployment rate, 53% of small business owners find it difficult to find qualified candidates. The Society for Human Resource Management (SHRM) reported 66% of companies are having trouble finding workers . The market is definitely shifting.

Tom Hood's comment, September 13, 2013 5:43 AM
Add to that a mega war for talent is beginning as for every two baby boomers who leave the workforce, only one Gen-Xer is available to replace them. I find it interesting tat professional development is the third biggest "benefit" that people are looking for in their employer. This is challenging for small employers and in our case small CPA Firms. Although we have been working on that with webcasts, e-learning, and in-demand leadership programs like our BLI Leadership Express program.
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Deloitte | Business Partners Needed | Results of Deloitte's 2013 Global Finance Talent Survey |

Deloitte | Business Partners Needed | Results of Deloitte's 2013 Global Finance Talent Survey | | Scoops and Scans - Trends We Are Watching | Scoop.it
Learn how CFOs and finance executives around the world are approaching the finance talent challenge in this groundbreaking report.
Tom Hood's insight:

Finance transformation of finance requires new skills. Guess what the biggest skill in demand is? Collaboration and Communication (same as IBM Global CEO study and CPA Horizons 2025.

 

The report states, "Plus, they're increasingly being asked to meet new needs from the business. Business leaders are looking to their peers in finance for a deeper, more hands-on approach to collaboration...They didn't hire for partnering skills, aren't outfitted to provide in-depth partnering experiences, and haven't developed the infrastructure to deliver partnering relationships to the business. Likewise, the pressures of globalization and increased regulation are reshaping the finance landscape, leading to new talent needs."


See our post, Top 5 Skills CPAs Need Now http://www.macpa.org/blog/3163/the-top-5-skills-cpas-need-now



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12 Disruptive Technologies That Are Changing The World

12 Disruptive Technologies That Are Changing The World | Scoops and Scans - Trends We Are Watching | Scoop.it
A potential $33 trillion/year impact by 2025.
Tom Hood's insight:

Technology continues to be the #1 driver of disruptive change.

 

The "Big Four" trends we have been watching are all here - cloud, mobile, social, and big data (yes and XBRL). The one that caught my attention is the Automation of Knowledge Work (impact on CPAs?). Which one do you think is most important.

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Sage Summit: The Cloud and Mobility Change Everything

Sage Summit: The Cloud and Mobility Change Everything | Scoops and Scans - Trends We Are Watching | Scoop.it
Sage North America continues it evolution, leveraging opportunities presented by the cloud and mobility, introducing Sage Mobile Apps.
Tom Hood's insight:

I was in attnedance during Pascal's keynote and got to talk to some of our Maryland CPAs who agreed about the exciting potential of cloud and mobile to enable their businesses in new ways never previously imagined. I felt that Sage was inviting their customers and advisors (CPAs/Accountants who refer and even sell Sage solutions) to join them on their journey to use these tools. 

 

The big insight for me came when several top Sage executives said it really is not about the technology. Technology is just an enabler for the business strategy - the real impact and success comes form the people who "see" how it can change the business and inspire people to make it work.

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Think Tank Session at Genentech

Think Tank Session at Genentech | Scoops and Scans - Trends We Are Watching | Scoop.it
trends and issues that will impact talent management, human resources, recruitment and learning over the next five or more years.
Tom Hood's insight:

Think Tank Tank on talent management, learning, human resources, and recruitment. Looks like they used "MBSN"and created a useful "trends map". Here are the key trends they came up with:

 

1) Fast teams and project-based work - this is comsistent wit our own research and reinforces the #1 skill needed for the future which is collaboration.

 

2) Democratization of Learning (We call this "social learning"), driven by MOOCs and I think to a lrger degree by the power of social networks as learning and research tools. 

 

3) Self-absorption factor whcih is really drivenby the consumerization of IT and the personalization culture which is now impacting the owrk world. Gen Y wants customizable careers and work.

 

4) Innovate or Die - "Constant change and innovation are seen as avenues to continued growth and profits. CEOs cite creativity as the factor they most need for long term success." I also like Brian Solis approach #Adaptordie

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We’re All Too Busy…Missing Amazing Opportunities | Flash Foresights from Daniel Burrus | Big Think

We’re All Too Busy…Missing Amazing Opportunities | Flash Foresights from Daniel Burrus | Big Think | Scoops and Scans - Trends We Are Watching | Scoop.it
It’s a fact of life in the 21st century that we’re all very busy. If you do a gut check on yourself, you’d likely admit that you are busier this year than you were last year.
Tom Hood's insight:

In our strategic planning work we often refer to the Top Five Strategies as the balls we cannot drop. Dan Burrus reinforces that notion in his view here,

 

"This is why being strategic is so important. It’s about asking yourself, “Out of all the current balls I’m juggling, which ones are becoming less relevant in a world of transformational change?” That’s the only way you’ll know which balls to eliminate as the new ones come in...When you can be both anticipatory and strategic in all areas of your life, you can be busy based on opportunities, not based on the latest crisis you need to address. Only then will the busy pace of life feel worth it, and your personal and professional life will prosper."

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4 Ways Technology Is Transforming Business Strategy

4 Ways Technology Is Transforming Business Strategy | Scoops and Scans - Trends We Are Watching | Scoop.it

In the future, we can expect technology cycles to continue to shorten, making planning cycles less and less realistic and tenable. History, it seems, ain’t what it used to be.


Via Kenneth Mikkelsen
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John Michel's curator insight, June 16, 2013 10:42 AM

Those who subscribe to the great man theory believe that history’s course is determined by the impact of highly capable individuals.  While many disagree, it’s hard to argue that talented individuals have not played a part.  However, by now it’s clear that intelligence has evolved, partly through the global networks mentioned above. While many still focus on great individuals, in fact, it’s the network not the nodes that create real change.  Teams, not stars.  Platforms, not brands. Movements, not messiahs.

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Microsoft’s New CEO Must See the Future Before the Competition Sees It

Microsoft’s New CEO Must See the Future Before the Competition Sees It | Scoops and Scans - Trends We Are Watching | Scoop.it
Since its founding, Microsoft has had only two CEOs: Bill Gates and Steve Ballmer. Having only two CEOs for that long a time worked quite well, and now Gates is trying to find a new leader to take
Tom Hood's insight:

Great piece abd true for all CEOs - are you prpearing your organization for the future business versus the past business?

 

How are you staying ahead of the "future business"? And how will you create the "escape velocity" for the future business to break through the pull of the core / past of your business?

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Why Is Resilience So Hard?...“I reserve the right to wake up smarter every day.”

Why Is Resilience So Hard?...“I reserve the right to wake up smarter every day.” | Scoops and Scans - Trends We Are Watching | Scoop.it
Resilience has long been touted as an essential capability for bouncing back from leadership setbacks...
Tom Hood's insight:

I am a big believer that things happen for a reason and in this social world, the right stuff comes to you at the righ time. That is how I see this article from my friend Don Dea on resilience.


This piece summarizes our own work at the Business Leanring Institute on positivity, growth, and resilience and the work of our own Gretchen Pisano which we use in our leadership academy work.


These two passage resonated with me...


"Yet despite the overwhelming consensus and supporting evidence that resilience is vital for success in today’s business environment, the truth remains: resilience is hard. It requires the courage to confront painful realities, the faith that there will be a solution when one isn’t immediately evident, and the tenacity to carry on despite a nagging gut feeling that the situation is hopeless."


"When facing a difficult or challenging situation, it is natural to fall out of balance. The most important first step is to recognize and acknowledge that you are off balance. Once you reach this awareness, you can consciously take action to regain your foothold by engaging in a set of grounding and centering practices, allowing you to channel your energy more adaptively and constructively."


Forward, always forward! Adopt a growth mindest.

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Intuit Looks at Technology's Role in Accounting's Future | AccountingWEB

Intuit Looks at Technology's Role in Accounting's Future | AccountingWEB | Scoops and Scans - Trends We Are Watching | Scoop.it
The next decade will see industries transition to a Cloud-enabled world where work can be accomplished anywhere, anytime. This will especially be true of the accounting profession, according to a new study by Intuit.
Tom Hood's insight:

Speaking of Technology and CPAs? Writing this form our 2013 MACPA Technology Conference.


This confirms research from CPA Horizons 2025, the IBM Cloud survey just released adn CCH's research - Technology will continue to transform our Profession and the key areas of social, mobile,and cloud will make place irrelevantin the near future.


"According to Intuit, technology will increasingly be woven into the fabric of the accounting industry in the next decade. The profession will be reshaped as accounting firms use Cloud computing platforms and applications, combined with advanced analytical tools, large data sets, and social and mobile computing."


See our post http://cpa.tc/3j0 ;

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Company Turns 'Unsexy' Corporate Compliance Training on Its Head

Company Turns 'Unsexy' Corporate Compliance Training on Its Head | Scoops and Scans - Trends We Are Watching | Scoop.it
True Office gamifies the way companies train their employees, with its founder insisting it's cheaper and more fun than hiring an expert.
Tom Hood's insight:

Gamification of learning - thanks for the find @jodypadarcpa

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Pipeline of Future Finance Leaders Running Dry: Global Survey - Deloitte CFO - WSJ

Pipeline of Future Finance Leaders Running Dry: Global Survey - Deloitte CFO - WSJ | Scoops and Scans - Trends We Are Watching | Scoop.it
Tom Hood's insight:

This confirms our research from survey pf particpants at the AICPA Global Manufacturing Conference http://cpa.tc/3gn

 

Our own research at the Business Leanring Institute (http://www.blionline.org) shows the answer lies in building a career path tied to the new competencies needed in today's finance/accounitng organizations. Skills like leadership, communications, collaboration, strategic thinking, and technologically savvy are now critical in a rapidly changing and complex environment. 

 

The Deloitte report says it well, “The requirements of the modern finance organization have shifted. Finance should now serve as more than just a steward of a company’s resources and also help chart a path to growth in partnership with other parts of the business,” notes Rich Rorem, principal, Deloitte Consulting LLP and Finance Transformation leader for the Americas. “Business leaders are looking to their finance organization for a deeper, more hands-on, collaborative approach,” he says. “While CFOs and other finance executives understand this, many of them lead finance organizations that simply weren’t built for that purpose.”

 

“Finance organizations haven’t historically hired talent or built themselves to meet this demand for partnering with other areas of the company to drive growth. Consequently, there is a significant talent gap developing, which CFOs are now trying to address,” Mr. Rorem adds.

 

We have built a template to start thinking about how to communicate the career in finance and tie it to competencies and build a learning curriculum that provides these skills we call The Bounce http://cpa.tc/2qh

 

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MOOC, SPOC, MOOR And The Walking Dead – The Journey Continues

MOOC, SPOC, MOOR And The Walking Dead – The Journey Continues | Scoops and Scans - Trends We Are Watching | Scoop.it
SPOC, MOOR, And The Walking Dead; MOOC odyssey continues into uncharted waters.

Via Dr. Susan Bainbridge
Tom Hood's insight:

The speed of learning evolution continues to accelerate as MOOCs (massively open on-line courses) spawn SPOCs (small, private on-line courses) and MOORs (massively open on-line research). Add in social learning, tin can, AICC, and SCORM, we see us quickly moving to just-in-time learning to support the idea of the right talent at the right time with the right skills.

 

I think we are clearly entering the age of learning as a competitive advantage (for us as individuals and our organizations). in an age of rapid ans accelerating change and complexity, the winners will be those who can keep their L>C, their rate of learning must be greater than the rate of change and greater than their competition.

 

For learning strategy and resources see www.blionline.org

 

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Lynnette Van Dyke's curator insight, October 12, 2013 7:36 AM

When Technoduet first published its list of MOOC Providers about six months back, there were just 26 names.  Now it has 40 and growing.

 

Not only number of MOOC providers has multiplied, MOOC themselves have diversified.  We now have SPOC, MOOR  and even a MOOC based on a popular TV series.  The maturity, diversification and popularity of MOOC are all going up.

Alexina's curator insight, October 12, 2013 1:07 PM

What are SPOC and MOOR?  The article mentions their website's list of MOOC providers — now up to 40. See http://www.technoduet.com/a-comprehensive-list-of-mooc-massive-open-online-courses-providers/

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Embrace Disruption in Higher Education: Gavin Newsom

Embrace Disruption in Higher Education: Gavin Newsom | Scoops and Scans - Trends We Are Watching | Scoop.it
SAN FRANCISCO – Gavin Newsom’s staff didn’t want him to give this talk.How would it look, they feared, if California’s lieutenant governor – someone who sits on the
Tom Hood's insight:

This quote sums it up nicely, "It reminds me a bit of Kodak," Newsom said on stage. "You have to wake up before the world that you've created is competing against you." Is this impacting adult education and CPE?

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Massive Open Online Courses and Beyond: the Revolution to Come

Massive Open Online Courses and Beyond: the Revolution to Come | Scoops and Scans - Trends We Are Watching | Scoop.it

"The New York Times dubbed 2012 the year of the MOOCs – massive open online courses. Suddenly the discourse of MOOCs and the future of the university hit the headlines with influential reports using the language of “the revolution to come.”.


Via Dr. Susan Bainbridge
Tom Hood's insight:

Big questions for our Profesison...

 

How will this impact the CPA Profession's continuing education programs? How could MOOCs change the nature of "college eductaion" and the pre-requisites for CPA Exam qualification?

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Robert Farrow's curator insight, August 21, 2013 6:22 AM

This articles sets out some of the thinking behind the MOOC 'revolution', and is a compact review of the subject.  Some highlights relevant to #oerrrhub:

 "One of the claims that has been made is that the major MOOC providers do not tend to hire people who have experience or training in instructional design, course design, digital pedagogy, the learning sciences or educational technology. Instead they are hiring programmers, often with little or no experience."


"MOOCs are to get a great push from legislation being considered in the California and Florida senates. Senate Bill 520 – “Student instruction: California Online Student Incentive Grant programs” – was introduced by Sen. Darrell Steinberg in early June 2013 and passed unanimously, although the amendments have been significant. The position paper The Right to Educational Access: Using Online Education to Address Bottleneck Courses in California, written for The 20 Million Minds Foundation, outlines the extent of the bottleneck problem and the online solution. Nearly 90 percent of California’s 112 community colleges reported waiting lists for courses in autumn 2012, with an average of 7,000 students on waiting lists per college. Meanwhile, only 60 percent of students at the University of California and a paltry 16 percent at California State University were able to earn a degree within the standard four years, largely because of their inability to register for the courses they need to graduate."


The conclusion is worth reproducing in full:

"I would like to suggest that “peer philosophies” are at the heart of a radical notion of “openness” and would advocate the significance of peer governance, peer review, peer learning and peer collaboration as a collection of values that form the basis for open institutions and open management philosophies. This form of openness has been theorized in different ways by John Dewey, Charles Sanders Pierce and Karl Popper as a “community of inquiry” – a set of values and philosophy committed to the ethic of criticism that offers means for transforming our institutions in what Antonio Negri and others call the age of cognitive capitalism. Expressive and aesthetic labor (“creative labor”) demands institutional structures for developing “knowledge cultures” as “flat hierarchies” that permit reciprocal academic exchanges as a new basis for public institutions.

 

The reinvention of the university as a public institution allows an embrace of a diverse philosophical heritage based on the notions of “public”: “the public sphere,” “publics” (in the plural), “civil society” and “global public sphere” – all concepts that hold open the prospect of addressing the local and the global – both the community, the regional as well as the national and the global. This is a philosophy out of which values can be forged and orientations adopted that reflect this heritage, which squares with an institutional identity as a part of a historical public system of higher education and which contributes to a global civic agenda of common world problems. MOOCs have a significant role to play in this situation.

 

The notion of the university as a public knowledge institution needs to reinvent a language and to initiate a new discourse that reexamines the notions of “public” and “institution” in a digital global economy characterized by increasing intercultural and international interconnectedness. This discourse needs to begin by understanding the historical and material conditions of its own future possibilities, including threats of the monopolization of knowledge and privatization of higher education together with the prospects and promise of forms of openness (open source, open access, open education, open science, open management) that promote the organization of digital creative labor and the democratization of access to knowledge."

 

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Pipeline of Future Finance Leaders Running Dry: Global Survey - Deloitte CFO - WSJ

Pipeline of Future Finance Leaders Running Dry: Global Survey - Deloitte CFO - WSJ | Scoops and Scans - Trends We Are Watching | Scoop.it
Tom Hood's insight:

This is a major trend and pattern we are seeing in all parts of the CPA Profession. The demand for CPAs/FInance/Accouting Professionals to add value and insight to businesses of all sizes.

 

As the Deloitte talent study says, "Talent has a big role to play in making the transition to a new model. After all, skills in areas like partnering, market value creation, project management, transformation, analytics and communications are not traditional strengths in finance and accounting. Talent may likely have to bridge the gap."

 

It confirms research quoated by Sage VP Jennifer Warawa that the # 1 reason CPAs/CFOs fail is a lcak of communication skills.

 

Add to that the recent IBM Global CEO study that says the #1 skill needed by global companies is collaboration. 

 

Our research (Business Learning Institute http://www.blionline.org) shows the Top Five Competiencies needed by Accounting/Finance Professionals for the future (out to 2025) are: 1) Leadership; 2) Communications; 3) Strategic Thinking; 4) Collaboration & Synthesis; 5) Technologically Savvy.

 

We have integrated these competencies into a career path model we call a 5 x 5 matrix - five (5) competencies by firve (5) career steps. This gives a systematic and strategic approach to your talent development. We even put it in a model we call theBounce http://cpa.tc/2qh.

 

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Demand for accounting grads reaches all-time high

Demand for accounting grads reaches all-time high | Scoops and Scans - Trends We Are Watching | Scoop.it
Despite a jump in the number of accounting graduates, a corresponding increase in hiring among public accounting firms has created a war for talent in the profession. This means rising salaries and more opportunities for top, young CPAs.
Tom Hood's insight:

Let the talent wars begin! This will be minor when compared to the retiring baby boomers who will be leaving the workplace at 2 for every 1 Gen Xer able to step in to their role. 

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Five Trends Shaping The Future Of Work

Five Trends Shaping The Future Of Work | Scoops and Scans - Trends We Are Watching | Scoop.it
When it comes to the future of work there are a few key trends which business leaders need to pay attention to.  Understanding these trends will allow organizations to better prepare and adapt to the changes which are impacting the way we work.
Tom Hood's insight:

The Future of Work is social, collaborative, cloud-based, millennial, and mobile...

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Michio Kaku: What does the future look like?

Dr. Michio Kaku, Professor of Theoretical Physics at City University of New York shares his vision of mankind's future as part of The Sheikha Salama bint Hamdan Al Nahyan Forum for New Ideas.


Via Kenneth Mikkelsen
Tom Hood's insight:

Saw Dr. Kaku at the DigitalNow conference this past April. He had some mindblowing predictions about the future...

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