Your Staff is Better Than You Think
Source: Accounting Today
Seasoned veterans in the accounting profession typically think the younger generation is less capable, especially in leading the firm. Jay Nisberg and Rebecca Ryan say their experience disproves this assessment.
They cite the experience of The Reznick Group, which challenged its young potential leaders to come up with approaches to various issues like client evaluation, telecommuting, flexible scheduling, and performance monitoring. Most of the initiatives they came up with have been implemented by the firm. Senior management now knows that the succeeding generation is well prepared to deal with the firm’s future.The authors “believe that the initiative brought to light the ‘undervaluation’ of talent. What is important to demonstrate is that most firms undervalue the leadership skill sets of the firm’s ‘bench.’ Firms need to open their eyes to the assumption of a positive bench strength, which is often overlooked because of faulty beliefs that, ‘No one could be as good as we were.’”
For the complete article, click here and select the article How Deep is Your Bench (Really)? in the June 2, 2008, issue.From Accounting Today, May 19, 2008, SourceMedia Inc., One State Street Plaza, 27th Floor, New York, NY 10004, 800-221-1809.
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