Thursday, September 10th, 2020

Get Things Done

“A plan is what, a schedule is when. It takes both a plan and a schedule to get things done.” – Peter Turla

It is planning time for CPA firms. By now, some firms have had their annual partner retreat and others have the retreat scheduled for later this Fall.

CPA partners are very good at planning. At these retreats, they have lively discussions about new ideas brought to the table by the managing partner, marketing director, technology director and especially the firm administrator.

It is the managing partner’s and firm administrator’s job to read about CPA firm management, network with MPs and FAs from other firms and attend CPA management conferences. Then it falls on their shoulders to inform and convince the other partners that to keep pace the firm must do this or do that.

Perhaps, they even leave the retreat with a strong action plan for accomplishing the new whatever. That’s when it comes to the part…. It takes both a plan and a schedule to get things done.

They have the plan but don’t have a schedule. They fail to set hard due dates for completing internal initiatives. The retreat participants return to their daily lives, serving clients, etc.

Implementation of that great idea might even get delayed to next year (and next year, and next year). That’s why you need a strong firm administrator/practice manager, someone who can devote the time and effort to implementation.

  • "You can’t be that kid standing at the top of the waterslide, overthinking it. You have to go down the chute."
  • Tina Fey

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