Generational

Practice

Ethical Behavior Differs Among Generations

A new study shows that the ethical behavior of younger workers differs from that of older generations. Business leaders should strengthen their ethics and compliance programs to address these differences.
Education & Careers

Career Wisdom to Pass On Early

Wouldn't we all like a jump-start in the fast-paced and competitive work world? When facilitating discussions within groups of students and alumni or other multigenerational groups, I often ask: "What do you wish you knew sooner in your career?"
Practice

How to Nurture Young Talent in Your Firm

There once was a time when young CPAs got in line at a firm and “waited their turn” to become partner. Today, a number of factors are challenging this apprenticeship model. According to the AICPA’s 2012 PCPS Succession Survey, less than half of multi-owner practices have succession plans in place, and 42 percent point to a lack of confidence in the leadership ability of junior partners as the single largest succession issue.
Education & Careers

A Generation's Worldview from the Campus

An understanding of today's undergraduate college students is vital to the effectiveness of our nation's colleges and universities and to the quality and skills of our future workforce.
Practice

Top Priorities for CPA Firms: Retaining and Training Staff

Staffing is among the top management issues facing CPA firms, according to a recent survey by Sageworks. That's not surprising, considering many firms are experiencing a staffing crisis as they lose significant percentages of top staff.
Education & Careers

The Cross-Generational Mind-set of Young Veterans

As a result of wars during the lifetimes of Gen Yers/Millennials, we have a large pool of veterans who, as a group, are recognized, thanked, and celebrated by our country's population. But when they join the civilian ranks, many face difficulties getting jobs.
Education & Careers

Cross-Generational Conversation with the Elephants in the Room

While there's comfort in talking with like-minded individuals and supporters, greater progress is made when being inclusive and inviting to prominent seats at the table those who are unaware of issues or who might have biases.
Practice

Here Comes the Baby Boomer Bubble – Valuing Your Practice for Partner Retirements

There is constant reference by the news media about the aging of the Baby Boomers, but I, for one, did not know exactly what it meant. So, I "Googled" it. What I found is not good news for the accounting profession.
Education & Careers

Next-Generation Skill Sets We Need Now

Currently, there's a mismatch of skills between many of the unemployed and skills needed now and going forward. This isn't just about technology, as you will see, and it applies to various levels of seniority.
Education & Careers

Tax Professionals Will Continue To Be in Great Demand for Years

Combine an uncertain economic environment, increased government regulations, and the number of Baby Boomers retiring, and you have a sharp increase in demand for seasoned corporate tax professionals.
Practice

Gen X and Y Bring Assets to Business Development

Phyllis Weiss Haserot has compiled a list of assets that Generation X and Generation Y/Millennials can bring to your business development team.
Practice

Are We At an Awkward Stage about Age?

Whether or not 60 is the new 40, or 30 is the new 20, etc., age perceptions and realities are confusing and not aligned with perceptions and realities of decades ago.
Practice Management

Social Media Influences on Generational Behavior and Vice Versa

Not only is the accelerating use of these outlets affecting our behavior and use of time, but also social media are influencing behavior of the different generations – and vice versa. Generational expert Phyllis Weiss Haserot explains.
A&A

Manufacturers to be hit with skill shortage due to retiring Baby Boomers

Manufacturers are anticipating a surge of skill shortage as the Baby Boomers retire. Most of those surveyed have current job openings and are encouraging older workers to stay on the job.
Practice Management

Got perspective? Without it, you don't "get it"

To really engage, embrace and include, it's not enough to learn the typical attributes of the different generations. Significantly, the four generations in the workplace don't understand each other's underlying perspectives and formational influences very well.
Education & Careers

Millennials frustrated with weak economy, scarcity of jobs

POLL: Only 31% of young people 18-29 approve of the President’s handling of youth unemployment, 69% say Washington is not addressing concerns of young people.

New Baby Boomer budget item: Taking care of the parents

It is estimated that nearly 10 million adult children over the age of 50 care for their aging parents. These Baby Boomers should be finalizing plans for their own retirement, but they are putting their parents first.