Going forward by looking back

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Looking Back... GOING FORWARD BY The issues facing professionals today are many and varied; the constant barrage of technology reminds us all of the need to stay relevant for our clients, but in the quest to do so, perhaps we’ve missed the obvious? There’s no doubt that consumer trends have shiſted and the way that people receive and process informaon has changed. Or has it? We know the business model and leverage aspects for professionals will shiſt; as firms that have failed to adapt try to hang on to their clients they’ll be forced to do so via price war taccs which in the end, will force prices down on the rest of us. So if we’re not mistaken, we can assume that all professional services will be delivered in a blur of electronic reports and downloadable apps, or will they? Fun-Da-Mental: ...forming or relating to the most important part of something; serving as a basis supporting existence or determining essential structure or function. (Webster Dictionary Source)

Transcript of Going forward by looking back

Page 1: Going forward by looking back

Looking Back... GOING FORWARD BY

The issues facing professionals today are

many and varied; the constant barrage of

technology reminds us all of the need to stay

relevant for our clients, but in the quest to

do so, perhaps we’ve missed the obvious?

There’s no doubt that consumer trends have

shifted and the way that people receive and

process information has changed. Or has it?

We know the business model and leverage

aspects for professionals will shift; as firms

that have failed to adapt try to hang on to

their clients they’ll be forced to do so via

price war tactics which in the end, will force

prices down on the rest of us.

So if we’re not mistaken, we can assume

that all professional services will be

delivered in a blur of electronic reports and

downloadable apps, or will they?

Fun-Da-Mental:

...forming or relating to the most important

part of something; serving as a basis

supporting existence or determining

essential structure or function.

(Webster Dictionary Source)

Page 2: Going forward by looking back

Take a look at the model below and you’ll notice the ‘sweet spot’ that’s always been there and always

will be because in the end, we’re dealing with people, dealing with change.

Fundamentals...

You’ll notice the aspects of professional delivery that are ‘computer capable’ and as such, are easily

provided by web based or mobile apps. Templates and ‘fuzzy logic’ logarithms (the most prominent

being that of the ‘deep learning’ variety) will enable a myriad of accounting, legal, insurance and

financial services to be delivered with consistent ease.

But there, right in the middle is the part that doesn’t change. People dealing with the emotions of

change, conflict, opportunity and fear…

And this is where you fit in, (provided you know the fundamentals) as it stands to reason that this will

be the ‘new frontier’ upon which professionals will seek to distinguish themselves.

The problem then, is the same as it’s always been. Professionals need to learn all of the technical

aspects of their role without losing sight that in the end, those skills are only as useful as their ability to

influence behaviour. To make change, to make a difference.

Few professionals actually take the time to learn to become more effective in their communication,

choosing instead to focus ever more on their technical abilities in the blind hope that somehow, their

clients will notice and discern the difference between them and their competition.

So here we are again, back at the start of our issue.

Computation is eating the lower level advice engagements; leveraged activities are harder to generate

on a consistent basis so in order to move forward and remain

relevant, we need to get back to the fundamentals behind the

profession in the first place...

Page 3: Going forward by looking back

So let’s break it down to the 3 things we all need to focus on going forward…

1. Self-Awareness (contextual) – Be aware of your Orientation (Who you are, where you are, where

you want to get to) Know your Personality Strengths & Weakness (Be able to observe your own

Coping & Manipulation styles and that of those around you) Practise the ‘Art of Being Present’.

2. Frameworks – (conceptual hierarchies) – Frameworks make it easy for you to break down a

problem, reduces your learning time, increases your client’s ability to recall and understand complex

information, and improves collaboration. (They also make developing your team a darn sight easier)

3. Influence – You need to know the common drivers of human behaviour; at a conscious level you must understand the ‘Filters’ applied to block your message and practise the P.I.F.T model when communicating. (Physiology, Intent, Frameworks, Tonality) Being consciously aware of these ‘influence drivers’ will be crucial if you wish to compete in the last remaining ‘sweet spot’ for professionals.

Dealing with change is always uncomfortable but like any transformation, must start with a level

of acceptance. As professionals we must accept that rapid change requires ‘Behaviour by Design’.

In short, we need specific skills or behaviours to replace ‘our old ones’ so we can focus on the

aspect of ‘adapting’ rather than the issue of ‘letting go’ but in the end, as everything changes

around us, we notice everything’s still the same…

Humans being human.

Fundamental Principles...

Page 4: Going forward by looking back

Mike Barnes

THE PROFESSIONAL DEVELO PMENT COACH TO ACCOUNTANTS, LAWYERS & FINANCIAL ADVISERS.

Mike regularly consults throughout NZ to increase the leverage within professional

services firms and speaks on a variety of topics, including ‘Closing the Skill Gap’ and

‘What Blocks Professional’s From Selling’.

Mike considers himself a ‘coaching addict’ – “It’s WHO I am, not WHAT I do” explains

Mike, “It’s how I’m wired; it’s in every part of my life”.

Mike is a passionate exponent of The Enneagram Personality Profiling System, (He

attended in New York at the hands of the ‘masters’ Don Riso & Russ Hudson) which

allows Mike to explore the ‘blockages’ that stop people from reaching their own true

potential.

“I coach professionals to do the things they won’t do on their own” says Mike, “my

greatest sense of self-worth comes from watching others grow and knowing I played

a critical part in it”.

Married to the love of his life (Natalie) and so very proud of his 3 kids, Mike still finds

time to coach and mentor NZ’s fastest motocross riders. “It’s an extremely demand-

ing and dangerous sport and the professional riders I work with have everything on

the line every time they race. Want to learn how to focus the mind and overcome

fear? – you’ve come to the right place…”

“I coach

professionals to do

the things they won’t

do on their own”

COACH

“The learning from this has been amazing!” says Mike. “The very real threat of serious

injury combined with the pressure of being a professional athlete is the perfect place to

find what really works, and throws out all the garbage that most of the ‘self-help’ books

promote”.

MIKE & KAYNE