We may be in two simultaneous, overlapping recessions. One will go away, but the other won’t.
I have two posts at my other blog, Outrun Change, discussing this idea of overlapping recessions:
I’m trying to move my discussions of massive change in the economy and the work world to my other blog.
I have a post up at my other blog, Outrun Change, on a leader who is in denial of the radical changes slamming his employer. See Radical changes in the work world are painful. Don’t laugh too hard at people who don’t understand what is happening. (new link and blog name added )
Here is a simple way to jump-start your continuous learning. Check out the following blogs on a regular basis. Even better to put them on your RSS feed. (More on that later.)
Great way to keep your L>=C equation balanced.
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That is the formula offered by Tom Hood, of the Maryland Society of CPAs in his post, The No. 1 reason CPAs should use social media.
We need to keep our learning (L) greater than the rate of change (C).
Things are happening so fast that if we are not constantly learning, we are going to become obsolete.
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Dr. Tom Selling offers hypothetical resolutions to how mandatory auditor rotation might play out when a bank is sitting on a lot of bonds that are only worth half of face value.
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A skeptical reason mandatory auditor rotation won’t improve auditsRead More »
Technology is starting to produce new business models for providing legal services, especially for big projects.
Why discuss this in an accounting blog? We CPAs need to be attentive to what is happening around us. We need to be armchair futurists, as I’ve discussed on my other blog.
The Economist has a great article, Alternative Law Firms – Bargain Briefs, describing some new models.
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Have a post up at my other blog, Nonprofit Update, about a fun analysis by Don Boudreaux looking at the comparative purchasing power of a non-supervisory employee working at average wages now compared to 1975.
I can’t think of a better time to be alive. Or, is the middle class better off today than in 1975?
He looks at items from a 1975 Sear catalogue and uses the average pay rate to convert the prices to the number of hours a person needs to work to buy the item. Then he compares to the number of hours to buy a reasonably comparable item today.
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Purchasing power of an average worker in 1975 compared to nowRead More »
For your general entertainment, just wanted to let you know that there are 7,692 pages in the Accounting Standards Codification (ASC, which constitutes GAAP) and 226 pages in SSARS.
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Just how many pages are there in GAAP, SAS and SSARS?Read More »
You are. And you should.
The days of keeping your head down, doing what you’re told, and working in one place for 40 years are gone. Those days are never coming back.
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If you were boss of your career, would you be doing things differently?Read More »
(duplicate of post from Nonprofit Update.)
Seth Godin talks about Accepting False Limits:
I will never be able to dunk a basketball.
This is beyond discussion.
Imagine, though, a co-worker who says, “I’ll never be able to use a knife and fork. No, I have to use my hands.”
Or a colleague who says, “I can’t possibly learn Chinese. I’m not smart enough.”
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(cross-post from Nonprofit Update blog)
For another perspective on why change is hard, let’s hear from noted futurist Douglas Adams (yes, THAT Douglas Adams) (hat tip Signal vs. Noise)
“I’ve come up with a set of rules that describe our reactions to technologies:
(cross post from ulvog.wordpress.com)
“My will shall shape my future. Whether I fail or succeed shall be no man’s doing but my own. I am the force; I can clear any obstacle before me, or I can be lost in a maze. My choice, my responsibility, win or lose, only I hold the key to my destiny. ”
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The perfect time to launch your dream, start that new ministry program, get a degree, or learn social media will never arrive. Conditions will never be right. So may as well get started now. Seth Godin explains much more eloquently –
@ThisIsSethsBlog Maybe next year… http://bit.ly/esxKRN
“If you’ve never failed, you’ve never lived” – best motivational video ever (hat tip Mark McReynolds via one of his contacts) – what a great closing statement: “Life = Risk”.
Sometimes we see trends or patterns and think they are pretty dumb. Maybe even reach the level of stupid. When those dumb things are at a societal level, we need to realize that is the way the world is working and engage the world as it is, not as we think it ought to be. …