Beyond the Days of the Giants : Solving the Crisis of Growth and Succession in Today's CPA Firms
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During the next decade, nearly half of all public accounting firm partners will retire. This exodus will put an enormous intellectual and financial drain on firms. This book provides an implementation guide for accounting firms during this next critical decade. It supplies step-by-set guidance on how to document an organizational culture, how to prepare production systems to build and operate value management systems, and how to re-orient practitioners on the value-creation practice.
During the next 10 years, an estimated 40-50 percent of the partners in public accounting firms will retire. This exodus will place an enormous intellectual and financial strain on firms as they scramble to train and promote new partners, retire the existing ones in an orderly manner, and find the profitability to do so in extraordinarily lean economic times.
Beyond the Days of the Giants: Solving the Crisis of Growth and Succession in Today’s CPA Firms is a practical, readable implementation guide for your firm to use during this next critical decade. It gives step-by-step guidance on how to:
- Create a growth culture founded in practitioner-led value creation,
- Build a no-new-cost practice system to operate within it , and
- Renew practitioner accountability, not to disappearing Giant-centered value creation systems, but to evidence-based value management practice—led by our New Giants.
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