Friday, November 29, 2019

Public Accounting Career Path to Partner

Public Accounting Career Path to PartnerPublic Accounting Career Path to PartnerYoure an ambitious CPA who has started advancing on a public accounting career path. You have your sights set on becoming an accounting partner in a prestigious firm, even if it takes a dozen years or more.Its important to know that not a lot of people get to be partner. Ive talked to hundreds of CPAs in the last 30 years who were promised partnerships on the public accounting career path - but they never got to that level.An option, of course, is to move to the corporate world on a less-structured private accounting career path. That can give your career a boost down the line, because when companies are searching for a new controller or chief financial officer, they often look for someone with both public accounting and industry experience.Still determined to make partnership the capstone of your career? Here are two strategies for success on the public partnership track1. Be a rainmakerThe public accou nting career path typically starts with an entry-level stelle as a staff accountant or auditor in a new recruiting class, and advances to senior associate and managerial positions. To rise to the coveted position as accounting partner, you need to know how to bring in business, attract new clients and retain the ones you have.As an aspiring partner, you need to have a sales flair, be confident in your skin and be able to talk to clients and potential clients. An outgoing personality and people skills that allow you to interact well with both clients and colleagues are paramount.2. Develop specific expertiseAn alternative strategy in the public accounting career path is to become an expert in a specific subject area or industry that sets you apart from the masses.Maybe youre a tax expert, or you have a unique forensics, technical or audit background. Or perhaps youve specialized in edicts from the U.S. Security and Exchange Commission (SEC), which oversees key players in the securiti es world. If your specialty is what the company needs and wants, you could be on your way to partnership.I knew a forensic accountant who was such an expert nationally that the company made him a partner pretty quickly - they didnt want to lose him.While you reflect on whether to pursue the public accounting path to partnership, you may want to ask yourself the following questions before attempting the big stepAre you ready for the commitment? - While there are advantages to being a partner, the demands are high. Once you reach management level, youll have a long list of responsibilities, but duties ramp up even more at the partner level. Some people find this invigorating, but be sure you know what will be required, right from the beginning. Are you the kind of person who can be available whenever youre needed? Are you a leader when challenges arise? Consider what it means to take ownership in your company.How flexible are you? - A willingness to relocate to offices in other cit ies, states or even countries is valued in many public accounting firms. It can give you experience to help you outpace your colleagues on the path to partnership. You can also demonstrate your flexibility by exploring your firms different practice areas and training for a new specialization.Are you willing to wait? - Recognize that few in the finance sector become partner quickly, and you may spend some time in a director or other position first. Make the wait time well spent. Look at each step you make from manager to partner as an opportunity to add skills, experience and interpersonal strengths to your resume. Youll need these as you move forward. Constantly evaluate how you are improving in areas like leadership skills and management. Focus on gaining what it takes to be at the helm of your organization.Theres no surefire public accounting career path to partnership. While you shouldnt discount the time youve put in with your company, especially if it promotes from within, you dont want to overstay your welcome, either.The important thing is to forge your own way. Come to grips with your strengths, be realistic, look in the mirror and see your future. Subscribe to our newsletterWhen you subscribe to the Robert Half newsletter, youll get articles and resources to help you build a successful career in accounting and finance - all sent directly to your inbox. Click the button below to sign up todaySUBSCRIBE NOW Richard Singer Richard Singer, Robert Halfs senior vice president and director of permanent placement, has his CPA and MBA and worked 10 years in public and private accounting before he started working as an executive recruiter.

Sunday, November 24, 2019

Goal Setting to Find Your Perfect Career

Goal Setting to Find Your Perfect CareerGoal Setting to Find Your Perfect Career9Searching for the right career is one of the fruchtwein important steps you can take towards a life full of meaning and accomplishment. Goal setting to find your perfect career is essential.Job searching can also be one of themost difficult journeys you will ever experience. In todays highly competitive, highly digital job market it can feel like a Herculean task just to land an interview. It is very easy while on this journey to allow feelings of powerlessness and negativity grow in your mind. Without the right goal-setting plan, suddenly the journey towards your perfect career has turned into a downward spiral of anxiety and frustration.Symptoms of the downward spiral includeDaily anxiety and stress over never getting enough doneShowing up to your interviews with a sheen of sweat that doesnt exactly exude confident and ready, andCreating negative-self talk that further erodes your self-esteemSymptoms o f the downward spiral can lead to accepting a job, any job. But wait, you dont want a job you want a career, right? You want a career that focuses your passion and results in continuous development and new accomplishments.The antidote for the downward spiral is to take back control of your career and ultimately, your destiny. By setting the right daily, weekly and monthly goals you will begin to see incremental successes that will reduce stress, increase your self-confidence and begin to open the doors to your perfect career.Next, we are going to walk through the rules of peak performance goal setting and a goal setting process that has helped me reach any achievement I set out for.The peak performance goal setting rules are as followsGoals must be incremental and all supporting larger, ultimate goals.All goals must be SMART Specific, Measurable, Attainable, Realistic, Time-boundGoals must be written. People who regularly write their goals have been shown to make up to nine times as much in a lifetime than those who dont.Goals must be shared with accountability. People who share goals with a friend and check in on them regularly increase their success rate by 33%.Now, use these rules to create your personal peak performance goal plan, as shown below. As you check off each incremental goal throughout the weeks, your sense of achievement and confidence will increase week by week, which is a much better look than that sheen of anxiety on your brow.Here is an example of how a person in the throes of a downward spiral can create goals to calm anxiety and focus their search towards the career theyve been searching for.Peak Performance Goal Setting ExampleUltimate Goal Career as an HR Business Partner within a company that aligns with my core values and offers constant career development.Supporting Goals6 interviews over the next 3 months3 of the interviews will be for jobs found through word of mouth or websites3 of the interviews will be for jobs found through the Hidden Job Market, as described by career expert Dennis Thompson. (The Hidden Job Market are the jobs that need to be filled but either the company hasnt gotten around to posting yet, or they dont yet know you exist and that they desperately need you.)Belong to 3 groups that offer networks of people who will support your career.Incremental GoalsIdentify 15 career postings per month to apply for.Spend 5-10 minutes per website, each day, reviewing job postingsIdentify 10 companies per month which dont have posted jobs, but you would be interested in working for.Call each company and ask the HR manager for five minutes. Mention you are interested in leaving a resume with the company for future reference, but want to make sure you would be a right fit. Ask relevant questions about the company and mention your experience as appropriate.Identify six possible career-networking groups to join and try their next meeting out for fit.Create an interesting sentence this week that describes your ideal position and the value you offer.Memorize. Tell as many people as possible.You can see how each level of goals supports the one above it, actually reversing the downward spiral into an upward one. The plan needs to be flexible based on the job market, your career development and your weekly goal calibration. By using this format, I have achieved ultimate goals I never thought possible.Todays post comes from Jessica V. Weatherford, CEO Marble Arch Consultants, Inc. Marble Arch Consultants leverage an arsenal of proven tools to remove the conflict causing stress in daily life, then replace it with habits that increase career success and relationship connection. Everyone gets a no-charge hour of consultation with the CEO and the arsenal. Contact throughwww.marblearchinc.com.Readers,are you goal setting to find your perfect career?

Thursday, November 21, 2019

Starbucks barista rebels against the Unicorn Frappuccino

Starbucks barista rebels against the Unicorn FrappuccinoStarbucks barista rebels against the Unicorn FrappuccinoMost people like a little variety in the workday. Weve all had the moment when repetitive work tasks threaten to drive us out of our minds, whether its inputting information into spreadsheets or.making elaborate multicolored sugary drinks.That was Braden Bursons day. The barista had it with the high demand for the limited-edition Starbucks Unicorn Frappuccino, which ignited aa social media frenzy. As crowds of people kept flocking to the rainbow drink, Burson tweeted a video rant so energetic, so scathing, that it quickly went nearly as viral as the drink.Then he deleted it.https//twitter.com/iambburson/status/854819758272790528Then he reposted it.https//twitter.com/iambburson/status/855148171214901248Please dont get it I have never made so many Frappuccinos in my entire life. My hands are completely sticky. I have unicorn crap all in my hair and on my nose. I have never be en so stressed out in my entire life, Burson said.And he wasnt alone.Managing the Unicorn Frappuccino rush is a tough jobIts easy to see why the drink struck such a chord its visual appeal makes it perfect for social media and it doesnt hurt that the lively marketing copy evokes fairy tales the flavor-changing, color-changing, totally not-made-up Unicorn Frappuccino. Magical flavors start off sweet and fruity transforming to pleasantly sour. Swirl it to reveal a color-changing spectacle of purple and pink. Its finished with whipped cream-sprinkled pink and blue fairy powders.The unicorn-themed drink is Starbucks entry into the multicolored novelty food trend.Rainbow bagels, unicorn toast andmermaid toastare the most popular manifestations - as well as rainbow bowls that are popular on Instagram didnt start yesterday.The Washington Post reported in 2016 that self-proclaimed world premierminister bagel artist Scot Rossillo has been making the rainbow bagel for almost two decades.Luck ily for Burson, customers can only grab oneuntil April 23- but if you want a taste, youd better hurry because its only available while supplies last in certain stores.Starbucks said in a statement that its getting in contact with Burson to talk about his experience and how to make it better,according to ABC.What to do when youre frustrated with workWeve all had workdays that make us want to disappear, but if you find yourself in a toughsituation in the officesoon,you have options that stop short of creating viral video.Dont ventHaving social media evidence of your work anger is never positive, which is probably why Burson deleted his tweet. (Then, strangely, reposted).Rather than deleting, ranting on camera in the first place is inadvisable. Believe it or not, complaining when something goes wrong could actually worsen your mood.The study referenced in the article from the European Journal of Work and Organizational Psychologysaid that the results of this research provided evidence that negative work events can impede daily work engagement and positive affect.So you might want to avoid going off on a bad day- your performance and mood couldsuffer.Focus on what you can controlAlison Greens articlefor U.S. News World Report points some out, like distractions- electronic or otherwise, sleep, complaining, who you associate yourself with at work and your approach to work.But for everything thats not in your power, like your managers mood, consider doing your best to keep your spirits up by adjusting accordingly when challenging tasks come your way, or when someone says something that throws you off.Talk to your manager to see if you can improve your workloadAlert your boss if the amount of work you have to get done is so overwhelming that you find it hard to focus or prioritize assignments.We know that sounds hard. Productivity expert Julie Morgenstern told the Harvard geschftsleben Review about two reasons why this isnt always easy.In the bottom of your belly is this feeling that if you cant handle the work, theres someone else who can you feel dispensable, she said. The other reason is because the natural tendency is to think, I am not working hard enough, smart enough, or efficiently enough. I should be able to handle this. So you suffer in silence, Morgenstern told the Harvard Business Review.But you dont have to.Morgenstern added why doing this could be in your favor. Bosses want their employees to speak up if there is anything thats keeping them from performing at peak levels, shetold the Harvard Business Review.You have the power to turn things around whenthings dont go your way in the office, though. And getting a little slack it may even make you better at your job.