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What does the firm of the future look like?

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July 25, 2011

Where do we start?

Where does the knowledge worker fit in?

How do we make our firms more efficient with cloud-based solutions?

Should we get rid of the billable hour and value price?

These were just a few of the topics covered at this year’s Sage Summit. I’m mentally exhausted after listening to Ron Baker and Darren Root talk about the Firm of the Future. There was so much good information to process and great interactive discussion with the audience. What I learned from other summit presenters was very much in line with my own presentation, which I co-hosted with Jason Blumer, CPA, CITP.

The morning of our presentation, Jason and I were up early, ready to facilitate our session, “Had the Idea, Had the Guts”—offering a hard-hitting account of our own journey to transition “our fathers’ firms” into Firms of the Future.

Nontraditional is the best word to describe our presentation—where we not only talked about the new waves of innovation, but we also played with toilet paper and binkies! Jason and I took attendees through the history of accounting from the 1970s to 2011 and beyond. We discussed what firms can expect—coming waves of innovation—and the necessity to keep up with these waves of change.

CPAs document their ideas via stickies during the “Had the Idea, Had the Guts" session.

We also took attendees through the details of what makes up the infrastructure of Firms of the Future. For more information on the “Had the Idea, Had the Guts" presentation, view the video at thriveal.com.

No doubt that there was a lot to take in. But, if there is one message that firms needed to take away from the Sage Summit, it was: learn to swim through the waves…or drowning will occur.

 

Comments (4)
By the way, here's a quick link to the video, I hope you don't mind.

Maria
Posted by mariavann | Friday, November 04 2011 at 11:51AM ET
Looks like the summit was really useful. Will take a look at the video at thriveal.com , thanks!
Posted by mariavann | Friday, November 04 2011 at 11:39AM ET
Bravo Jody! Your vision for your firm is inspiring. Best wishes to you for LOTS of continued growth. I've recently read quite an interesting book which I found by byfiles.com search, discussing this issue entitled The Firm of the Future. It is a new book co-authored by accounting expert Ron Baker which visualizes a revamped profession, more satisfied clients, and fulfilled employees. As an accountant, I found lots of interesting points there and I would highly recommend this book for anyone asking himself about the future of his profession.
Posted by kalinda | Thursday, October 06 2011 at 2:09AM ET
Bravo Jody! Your vision for your firm is inspiring. Best wishes to you for LOTS of continued growth. I've recently read quite an interesting book which I found by http://byfiles.com search, discussing this issue entitled The Firm of the Future. It is a new book co-authored by accounting expert Ron Baker which visualizes a revamped profession, more satisfied clients, and fulfilled employees. As an accountant, I found lots of interesting points there and I would highly recommend this book for anyone asking himself about the future of his profession.
Posted by kalinda | Wednesday, October 05 2011 at 10:07AM ET
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