{"id":29412,"date":"2013-06-21t17:36:33","date_gmt":"2013-06-21t21:36:33","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=29412"},"modified":"2013-08-07t15:06:04","modified_gmt":"2013-08-07t19:06:04","slug":"the-five-psychological-hurdles-firms-must-confront-today","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/06\/21\/the-five-psychological-hurdles-firms-must-confront-today\/","title":{"rendered":"the five psychological hurdles that cpa firms must confront today"},"content":{"rendered":"<figure id=\"attachment_29415\" class=\"thumbnail wp-caption alignright\" style=\"width: 150px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-29415\" alt=\"patrick j. mckenna\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-150x150.jpg\" width=\"150\" height=\"150\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-150x150.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-300x300.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-145x145.jpg 145w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-190x190.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1.jpg 336w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption class=\"caption wp-caption-text\">patrick j. mckenna<\/figcaption><\/figure>\n<p><strong>denial, perfectionism, precedent, competence and agility.<\/strong><\/p>\n<p style=\"text-align: left;\" align=\"center\"><i>by patrick j. mckenna<br \/>\nprofessional services firm consultant and author<\/i><\/p>\n<p>the professional services sector is undergoing a fundamental change. accounting firms are navigating a tough financial climate, suppressed growth rates, and declining demand. previous downturns have been transitory, as the industry has been able to recover within a few years.<\/p>\n<p><a href=\"http:\/\/baystreetgroup.com\/store\/engage\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" alt=\"\" src=\"http:\/\/baystreetgroup.com\/store\/images\/406\/how+to+engage+partners+in+the+firms+future+wborder+cvr.png\/\" width=\"150\" height=\"228\" \/><\/a>however this time the landscape has changed and the professional sector is not expected to return to previous levels of growth for a long time.<\/p>\n<blockquote>\n<p style=\"padding-left: 30px; text-align: right;\"><em>adapted from the introduction to &#8220;<a href=\"http:\/\/baystreetgroup.com\/store\/engage\/\">how to engage partners in the firm&#8217;s future<b>: <\/b>the secrets every leader needs to know<\/a>,&#8221;\u00a0 by august j. aquila and robert j. lees<\/em><\/p>\n<\/blockquote>\n<p>whatever kind of economist-speak you prefer, there&#8217;s no getting around the fact that now is a scary time to be the leader of an accounting firm. <a href=\"\/\/www.g005e.com\/2013\/06\/21\/the-five-psychological-hurdles-firms-must-confront-today\/#more-29412\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2013%2f06%2f21%2fthe-five-psychological-hurdles-firms-must-confront-today%2f&amp;t=the+five+psychological+hurdles+that+cpa+firms+must+confront+today'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) 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<\/div>","protected":false},"excerpt":{"rendered":"<figure id=\"attachment_29415\" class=\"thumbnail wp-caption alignright\" style=\"width: 150px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-29415\" alt=\"patrick j. mckenna\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-150x150.jpg\" width=\"150\" height=\"150\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-150x150.jpg 150w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-300x300.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1.jpg 100w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-145x145.jpg 145w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1-190x190.jpg 190w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2013\/06\/patrick-j-mckenna1.jpg 336w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption class=\"caption wp-caption-text\">patrick j. mckenna<\/figcaption><\/figure>\n<p><strong>denial, perfectionism, precedent, competence and agility.<\/strong><\/p>\n<p style=\"text-align: left;\" align=\"center\"><i>by patrick j. mckenna<br \/>\nprofessional services firm consultant and author<\/i><\/p>\n<p>the professional services sector is undergoing a fundamental change. accounting firms are navigating a tough financial climate, suppressed growth rates, and declining demand. previous downturns have been transitory, as the industry has been able to recover within a few years.<\/p>\n<p><a href=\"http:\/\/baystreetgroup.com\/store\/engage\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" alt=\"\" src=\"http:\/\/baystreetgroup.com\/store\/images\/406\/how+to+engage+partners+in+the+firms+future+wborder+cvr.png\/\" width=\"150\" height=\"228\" \/><\/a>however this time the landscape has changed and the professional sector is not expected to return to previous levels of growth for a long time.<\/p>\n<blockquote>\n<p style=\"padding-left: 30px; text-align: right;\"><em>adapted from the introduction to &#8220;<a href=\"http:\/\/baystreetgroup.com\/store\/engage\/\">how to engage partners in the firm&#8217;s future<b>: <\/b>the secrets every leader needs to know<\/a>,&#8221;\u00a0 by august j. aquila and robert j. lees<\/em><\/p>\n<\/blockquote>\n<p>whatever kind of economist-speak you prefer, there&#8217;s no getting around the fact that now is a scary time to be the leader of an accounting firm. <a href=\"\/\/www.g005e.com\/2013\/06\/21\/the-five-psychological-hurdles-firms-must-confront-today\/#more-29412\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2013%2f06%2f21%2fthe-five-psychological-hurdles-firms-must-confront-today%2f&amp;t=the+five+psychological+hurdles+that+cpa+firms+must+confront+today'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li>\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  href='http:\/\/www.linkedin.com\/sharearticle?mini=true&amp;url=https%3a%2f%2fwww.g005e.com%2f2013%2f06%2f21%2fthe-five-psychological-hurdles-firms-must-confront-today%2f&amp;title=the+five+psychological+hurdles+that+cpa+firms+must+confront+today&amp;summary=%5bcaption+id%3d%22attachment_29415%22+align%3d%22alignright%22+width%3d%22150%22%5d+patrick+j.+mckenna%5b%2fcaption%5d%0d%0a%0d%0adenial%2c+perfectionism%2c+precedent%2c+competence+and+agility.%0d%0aby+patrick+j.+mckenna%0d%0aprofessional+services+firm+consultant+and+author%0d%0athe+professional+services+sector+is+undergoing+a+fundamental+change.+accounting+firms+are+nav'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='linkedin'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-850px 0px'   \/> 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href=\"mailto:?subject=cpa%20trendlines%20:%20the%20five%20psychological%20hurdles%20that%20cpa%20firms%20must%20confront%20today&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2013\/06\/21\/the-five-psychological-hurdles-firms-must-confront-today\/\" title=\"email this: the five psychological hurdles that cpa firms must confront today \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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