Transforming: Tales of Business Evolution TfP 002. Adapting to change: Innovative strategies in accounting
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Nov 11, 2024 Abbey Bemis, the First Chief Operating Officer of Payne Nickles & Company, and Mike Miller, its Managing Partner, share valuable insights on navigating the evolving accounting landscape. They discuss how technology and AI are reshaping tax seasons and the profession itself. The duo highlights innovative recruitment strategies that prioritize diverse backgrounds to attract talent. They also emphasize the importance of effective client communication and value delivery, showcasing how adaptability and fresh thinking are key to fostering firm growth.
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Expedited Hiring
- Mike Miller, managing partner, realized he needed help to focus on accounting work.
- He hired Abby Bemis as COO, expediting his five-year plan after realizing she was the right fit.
Talent Acquisition
- Implement structured processes for talent acquisition and training.
- Focus on modernizing recruiting efforts and actively participating in job fairs to attract talent.
Recruitment Strategies
- Maintain consistent communication with applicants.
- Leverage diverse recruitment channels, including online platforms and direct engagement with educational institutions.