Innovative Recruiting To Make Your Practice Competitive

The rules of how you recruit into your Practice are changing. Technology is perhaps the biggest influencer.

Robert Half points out how Workflow Automation has altered Accounting jobs. You can no longer afford to go with traditional approaches in searching for talent.

So what are the new competencies and skills you need to consider while recruiting talent? Are there non-traditional approaches that can work for you?
New Competencies and Skills for the Digital  Practice

Information and Data Stewardship
Driving value-added services to grow your business
Comfortable not just with a technology, but the technology ecosystem itself
Subject matter expertise for content-driven marketing

Non-traditional approaches for acquiring such talent

Channels that others like you are finding more effective
How to take advantage of outcome defined, value based offerings.
Recruit or Out task in an environment where even offshoring has become traditional

Do you have a Tech Talent Challenge?

Technology is revolutionizing the Accounting profession.
The main drivers for this are Cloud applications which allow companies as well as practices faster access to improved business intelligence resulting in an enhanced capability for advising business decision makers.

CPA Australia lists the following tips for harnessing the power of modern technology on its website:

Treat technology as the key to your business success
Use workflow management to assess how technology can help you become more efficient
Commit appropriate levels of expenditure to maintaining and upgrading your IT systems
Embrace the benefits that flexible operating systems and online communication systems, such as the cloud and Skype, can offer clients and staff
Maximise the commodity of time with automation, integrating your systems and processes
Ensure your practice management software is ready for Standard Business Reporting
Utilise data analytics to unlock the hidden drivers of your practice and hone business performance
Explore social media as a business communication tool and to collaborate with peers

To achieve these, you need to answer an important question.

Do you have the required talent deployed in the appropriate role?

Download this important article on “How to apply emerging roles to grow your Practice”

New Roles That Are Becoming Essential

“Digitization, machine learning, and the life sciences are advancing and combining with one another to redefine what companies do and where industry boundaries lie. We’re not just being invaded by a few technologies, in other words, but rather are experiencing a combinatorial technology explosion. Customers are reaping some of the rewards, and our notions of value delivery are changing” — McKinsey Quarterly, April 2017
As the professional services industry deals with digital disruption, with business models and service offerings being altered, practices and business owners are well served to take note of the role of a Digital Workflow Manager that can become a game changer for your business. Here are key characteristics that outline the scope of this role.
1. Workflow Set-up and Optimisation: The scope begins with setting up your workflows in the digitized environment,  identifying the optimal combinations of application add-ons as well as talent and administering the workflow tools to ensure effective utilization of all the technology that is available to you.
2. Intelligent Business Dashboard: Bringing you insightful information on a regular basis that will help you better manage your practice/business.
3. Ongoing administration of workflow tools: While most cloud and digital applications are easy to use and intuitive, the ongoing administration would still be best entrusted to someone who brings training and aptitude for such a role. The increasing attention to the tool set-up and administration may not be a good use of your time and best left to a specialist.
4. Scanning the App marketplaces: The shelf life of apps and add-ons are getting limited as more and more apps enter the marketplace. New and improved features of the latest arrivals on the scene may require you to [...]