The Power of Succession Planning and Risk Management, to the Rescue!
Both the financial crisis of 2008/2009 and our current Global Pandemic have driven home that we could never afford a “can’t happen here” mindset. It appears we had come to believe that we could do whatever, without considering consequences. Reality has touched us so that we may be much more focused on how change, which is always with us, needs our attention almost daily.
Just out, in the July edition of California CPA magazine: “Can’t Happen Here: The Power of Succession Planning and Risk Management to the Rescue”… We can create operational protocols that are attentive to possible crises and, also, foundational actions that can increase stability to enhance growth and success. The lessons learned in these major crises are a treasure trove of ideas, actions, and strategies that will mitigate risk, enhance achievement, increase success.
A lesson learned from my working in challenging situations for over 35 years is that change happens every day.
Thinking we can close the door on yesterday and tomorrow will be much the same is a luxury we could and should never have embraced — we should run from that thought forevermore.
I hope you enjoy my article.
I would appreciate your comments. For more, join our Los Angeles MAP Committee for our July 2021 event. I will be discussing the article and these concepts in much more detail. Please see the link below:
“CAN’T HAPPEN HERE”; The Power of Succession and Risk Management to the Rescue — from California CPA magazine, July 2021 edition, by Mark H. Fowler, Co-Chair of CA CPA Society’s Los Angeles MAP Committee.
As a reminder, we have been building and rebuilding businesses for over 35 years; we have been a major resource for enhancing the success of most types of businesses, including professional services. Whether for you or your clients/customers, we can be the difference between success and disappointment.
Details: LA Management of an Accounting Practice (MAP): “CAN’T HAPPEN HERE” The Power of Succession and Risk Management to the Rescue
- Product Code: G2190721
- Format: Virtual
- Date: Jul. 28, 2021
- Time: 12 p.m. — 2 p.m.
- Intended Audience: CPAs and other professional staff
- Miscellaneous Information: The zoom link will be emailed a day prior to the meeting. (Please check your spam mailbox in case it accidentally gets flagged.)
- NO CPE will be offered for this virtual meeting
As Los Angeles CA CPA MAP Committee chair, I am reaching out to invite CPAs and friends to join our Committees’ July 28, 2021, event. This interactive presentation is designed to help us all to look into the future for how we can help dodge bullets and create a stronger firm foundation for a more successful future. This presentation takes lessons learned to a whole new level of power and improvement.
Based on the California CPA magazine’s article of the same name, this presentation is focused on a group dynamic to reach out to how others see ways to craft a new future. Taken from this important article, the quote gives you an idea of the beginning of our dialogue.
“What’s essential in a new world where change rules? To navigate change, realize the power of both succession and risk management as a way to:
- Help build stronger business foundations;
- Increase team member retention;
- Enhance a solid future management structure.”
As a participatory group, together, we will explore these and other topics:
- Planning for Success(ion)
- Talent Development & Technological Effectiveness
- Tap into Natural Growth/Improvement Process
- Create & Maintain Your Brand
- Build & Maintain Firm Culture
Hope you enjoy the article and that you will join us on July 28th.
All the best. Mark H. Fowler
We believe engagement at all levels with customers, clients, team members, owners/managers, and all other stakeholders is essential to productive, profitable, effective, inclusive, and peaceful environments. A lack of engagement is a challenge for businesses around the world… Watch Video
