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Accounting history, vacationing in Italy & the unexpected connection

Automation is amazing.

I spent the last 15 + days in Italy & on vacation.

I prewrote/scheduled all the posts you may have seen. I did this Aug long, before I left (from a baseball diamond where my creative accounting side flourishes).

Hootsuite & WordPress save the day.

While it may have presented as though I was thinking & breathing accounting & business – I actually did very little of that. Hardly logged in and hardly worried about a thing besides the present moment & the once in a lifetime trip I was on.

I’m recharged & ready to go!

Here is a lapse – this picture captures the moment I was reading about Florence (in Florence) & I learnt that the Medici family that commissioned & supported much of the art I had admired was also one of the first users of the general ledger & double entry accounting. What a discovery to be in a city that popularized accounting.

http://www.amplifyadvisors.ca

#accountinghistory #apps #automation

Bonus vacation pics (no accounting or business story):

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Modern CFO – sharing again their characteristics

http://ow.ly/5FQC30lhcLj Sharing again some perspective on the modern CFO and a few characteristics they share. Growing companies can benefit from finance leadership, business advisory and connecting. The modern CFO is focused on revenue, has their house in order and is creative. They aren’t the stereotypical “no man” that worries about the past and is compliance oriented. To learn about the #moderncfo & how they can help your growing business as a #financeleader, #businessadvisor & #connector please be in touch: http://ow.ly/nwr830ldeQS

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Elon: interesting developments in accounting, governance & leadership

So many interesting things about the Elon Musk situation last week.

The accountant in me is troubled about how we keep up with Twitter & social media announcements on shares & business information. I’m more convinced that it is the compliance & laws that need updating but certainly an interesting challenge.

While our laws & expectations aren’t in line with modern communication, the governance side of me is concerned about the concept of a CEO putting specifics out that aren’t agreed to by the BoD. As well as leaders (of t.v. shows & countries, etc) tweeting when they can’t sleep & are of tired or drugged mind. The consequences of these actions seem greater than the benefits & go beyond governance.

Meanwhile the leader in me is really curious about the god-like attitude we have towards certain CEOs. Those that are genius, rare & if the rest of us behaved like that would fall flat very very fast.

And this gender discussion was also fairly insightful too!

Overall an interesting time & subject in business.

Gender: http://ow.ly/WIWX30lvrn2

Leadership: http://ow.ly/DJTY30lvrlF

http://ow.ly/iWNa30lvrlG

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Risk of familiarity

I was once part of a leadership team that consisted mostly of men, athletic boys that grew up to be senior managers & partners.

I use to bring up risks, ideas, thoughts – about our current state, about our strategy, about our team and about the competition.

But I didn’t always get heard. A co-worker understood what I was trying to say and more than once after trying to drill it into the senior leadership he was able to swoop in and give a sports analogy that hit home and the message was finely clear. If you say it with a hockey story all of a sudden it’s relatable.

I was grateful it was heard because it was the message and the team I was concerned about, not fanfare. I found it funny and only reassured me that all the time I spend as a hockey mom and ball mom would benefit my boys someday.

This is not a post about gender or feminism!

This is just one example of the risk of familiarity. We understand and we are magnetically pulled by the familiar. In this case, it was sports. On my kids sports teams, it’s the players that the coach has taught year after year and season after season. At the restaurant it’s the tried and true dish. In our relationships, it’s the bad habits of taking each other for granted and not being deliberate with our attention, our time and our communication. It’s normal. It’s human nature. One way or the other we all do it, unconsciously and sometimes with self-awareness.

There is some good that comes from this –

shared values, simplicity, less energy on decision making. After all we allow what we value to become familiar. We want the good to earn that spot in our unconscious mind & heart.

There’s some obvious risk too. The art of the possible, the new automation and technologies, inclusion, diversity of thought are all often absent within the circle of familiarity. Our ideas bounce back and reassure us – made worse in today’s world of algorithms, talk news and social media.

Finding the balance between the familiar & ensuring you don’t get stuck in your echo-chamber or silo or little world is a constant challenge. Challenging our comfort zone is a challenge.

If you want to grow, you have to change & challenge the status-quo. In fact, if you want stability, you also have to change. When does an organization’s change and growth need a finance leader that isn’t just familiar? When do you need a CFO/Controller and not just the familiar or status quo (a bookkeeper or tax expert)?

When is the familiar holding up the possible? When have you outgrown what made you successful to begin with?

When it comes to small and medium business it’s common to avoid investment in finance & accounting. It’s common to stick with the familiar. It’s common to not recognize what business partnering from a finance leader could bring to your journey of growth.

We believe if you are growing as an organization, you benefit from a #financeleader. To learn more about #cfoservices, #businessadvisors & #connectors, be in touch: http://ow.ly/nwr830ldeQS

Or visit our new website: http://www.amplifyadvisors.ca

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The value of collaboration

Teams that succeed and that we all want to lead & coach are collaborative.

Collaborative teams are business partners.

Collaboration within the team increases the quality and expertise. Innovation through collaboration is a hot idea because it produces results. A growing market where we see each other as collaboration partners continues to grow. If we have healthy competition that is outweighed by innovation through collaboration we will have exponential growth within the industries and markets we compete.

To learn about #financeleaders, #businessadvisors & #connectors (including #cfoservices) that value #collaboration be in touch: http://ow.ly/nwr830ldeQS