Free Site Registration


Brought to you by:
More Accounting Tomorrow Posts

The key to succession? Be an "Expendable"

Print
Email
Reprints
By Jody Padar
August 21, 2014

CPA firms need to treat succession planning like Sylvester Stalloneís character, Barney, does in the movie "The Expendables 3."

Stay with me on this one.

Stallone and his colleagues know their days are not only numbered as action stars but probably should have ended a long time ago. Itís no longer just about old school, smash mouth displays of force in todayís action heroes Ė itís clear being tech-savvy is the new black. †

This isnít a hypothesis crafted from thin air; itís the plot of many action movies these days, and such is the case in "The Expendables 3."

When I was at the movies this past weekend, all I could think about was how firms are struggling with the exact same issue. And all of us need to figure it out togetheróboth the Gen Yers and the Boomers; the conservative and the cutting-edge.

The premise of the movie is basically this: Barney hires a new, younger crew after his usual colleagues botch a mission. Barney feels his old band of brothers have given enough to the Expendables, so he forces them into retirement.

After demanding that his crew enjoy the rest of their lives, Barney embarks on a suicide mission with his younger charges, all of whom are skilled not only in combat, but also in technology, much of which Barney, being the old-school guy he is, just doesnít understand.

Of course, there is a twist: the new kids manage to get kidnapped by Stonebanks (Mel Gibson), forcing Barney to call his old team back into action.

And in the end, true to Expendables fashion, a lot of explosions, fighting, gunfire, and general over-the-top destruction occurs and, of course, the Expendables survive.

The lesson? They come together as a team using a combination of tech-savvy skills as well as good old-fashioned fighting. They need what each crew brings.

It got me thinking. Maybe if all of a firmís players treated the transition to the ďnew firmĒ like a life-or-death situation, they could come together like a team and make it out alive.

I hope CPA firms can learn a lesson from this movie, so our profession can survive the changeover. Any suggestions on how we can make it happen?

0 Comments

Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Accounting Tomorrow, please use the form below to login. When completed you will immeditely be directed to post a comment.

Forgot your password?

Not Registered?

You must be registered to post a comment. Click here to register.


Follow Accounting Today
Advertisement


Advertisement
Advertisement
Advertisement