Archive for July, 2014

Nothing is forever … take Kodak for example

July 28th, 2014

In the mid 1970s Steven Sasson, an employee of Kodak, demonstrated a prototype of a device that weighed 8 pounds and needed a suitcase to transport. It was the world’s first digital camera. The photos were stored on a cassette tape, they took 21 seconds to raster and boasted quality of 0.01 megapixels. Read more…

I thought I invented the phrase “sea of sameness” but I didn’t

July 23rd, 2014

For years I have been saying to anyone willing to listen, if you you want to create a great firm – one that out-performs the rest of the industry by an order of magnitude (another of my favorite sayings!) – you MUST ESCAPE THE SEA OF SAMENESS. Read more…

An unexpected way to acquire a new client

July 23rd, 2014

It never ceases to amaze me how much value accountants can add to their clients (and themselves) if only they are willing to take the time to have a conversation with their clients to better understand their aspirations and the vision they have for their business. This is a classic case in point. I recently recorded an interview with Rachel Ray who, at one time, Read more…

If You Want to Break From The Pack, Innovation is the Key

July 19th, 2014

As I prepare material for our up-coming Practice Innovation Workshops I’ve been doing a lot of research into the process of creative idea generation (specifically how to teach it and how to implement it) because at the end of the day that’s what ultimately gives business enterprises (and that includes accounting firms and their clients) a competitive edge. Read more…

If not excellence what? If not excellence now, when?

July 6th, 2014

The first business book I picked up and enthusiastically read, because it was inherently readable and extraordinarily interesting, was In Search of Excellence by Tom Peters and Bob Waterman.  In a real sense it changed my life because it was the catalyst that led to my moving out of academia into the “real” world of public accounting. Read more…