Available with CPE SelectOnline
Description
The accounting profession faces unprecedented workforce challenges that demand a fundamental rethinking of traditional firm structures. This course examines why the century-old pyramid practice model is becoming obsolete and presents the inverted pentagon framework as a sustainable alternative. Based on comprehensive research showing that 52% of firms expect to shrink by 20% or more in the next five years, participants will learn how to restructure their firms to thrive with fewer entry-level staff while expanding specialized expertise. The course explores the “6 Ps of Business Model Transformation” – Precision Hiring, Proactive Retention, Practical Technology Implementation, Pricing Expertise, Practice Area Expansion/Focus, and People Acceleration. Drawing from success stories in manufacturing, healthcare, and technology industries, attendees will discover proven strategies for accelerating staff development, implementing effective knowledge transfer programs, and building sustainable talent pipelines in an era of technological disruption and demographic shifts.
Required Knowledge: None
Advanced Preparation: None
Who Should Attend: Partners, managing partners, firm administrators, HR directors, practice leaders, senior managers, directors of talent development, training coordinators, firm leadership responsible for strategic planning
Objective
After attending this presentation, you will be able to...
- Analyze your firm's current structure against future workforce predictions
- Design an inverted pentagon framework tailored to your firm's needs
- Implement precision hiring strategies for specialized roles
- Develop accelerated training programs to move staff to higher-value work
- Create effective knowledge transfer systems including mentorship and rotation
- Leverage technology for personalized professional development
- Build retention strategies for specialized professionals and lateral hires
- Evaluate pricing models that support investment in talent and technology
- Identify barriers preventing staff progression and develop solutions
- Construct a transformation roadmap with measurable milestones
Credit Types
- NCACPA On Demand 365
Registration Fees
| Registration | Type | Price |
|---|---|---|
| On Demand (1 hour) | Members | $60.00 |
| On Demand (1 hour) | Non Members | $175.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.