Showing posts with label cpa. Show all posts
Showing posts with label cpa. Show all posts

Wednesday, November 30, 2016

Micro Promises

Most of us keep our big promises, but all too often, we make tons of tiny little “micro-promises” that we either never keep, or that we fulfill, but only with tremendous tardiness.
We say: “I will call you back in five minutes.” Then we call back the next day. We say: “Let’s have lunch soon,” but we never do. We say, “I’m happy to answer any questions that you have,” when we really don’t want to take the time to answer too many questions.
All of these tiny little promises are hard to keep track of. We make so many of them that we cannot possibly honor all of them. And we don’t take them seriously, do we?
We also break promises to ourselves. We say things like:
“I’m going to start going to bed earlier.”
“I’m going to wake up and go to the gym.”
“I’m going to call my mother.”
How many leaders, bosses, and educators make micro-promises that never come true? The answer is: too many! In fact, we take most people’s micro-promises with a grain of salt. When our long-lost friend that we run into at the store promises to call us the following week, we don’t really expect it to happen.
But all of these micro-promises, made to ourselves and to others, chip away at our social and human capital. What do other people think of us when we fail to keep our commitments? Remember that when you interact with other people, you are either building or destroying social capital. When these micro-promises are kept, the mortar that binds your relationships solidifies.
And when you keep the micro-promises that you make to yourself, you validate your own worthiness.
My friend and personal coach Michelle DeAngelis had a conversation about micro-promises, and here are my takeaways:
1. Be mindful about seemingly idle micro-promises. No promise is idle or casual. Someone might be holding you to it, so make the promise only if you can do it. Kathy Kolbe, my friend and creator of the Kolbe System, advises that people should commit, but to very few things. If you are overrun with promises, you cannot fulfill them all. So when you make a promise, big or little, be sure it is one that you can fulfill.
2. Once you commit, set up a mechanism so that you can schedule time to meet that commitment. Put it in your calendar or write it down, right then and there.

3. Finally, make sure that you do not create a culture whereby micro-promises are broken by other people (which may normalize it and/or erode your own emotional wellbeing). When someone makes a micro-promise to you, find out whether they are truly committing. Say something like: “I would love for that to really happen. What should we each do to make it so?”  

This blog also appears on Our Two Cents on rsjcpa.com 

Wednesday, June 15, 2016

When “Doing the Right Thing” Becomes Inconvenient

What do you do when your core values go against the grain of ethics?
Here’s an example: Imagine that your mother calls. You chat for a while, and then your mother asks to speak to your spouse. You know that these conversations never go well. They end with your spouse venting in frustration about your mother’s antics. 

“Tell her I’m not here,” your spouse whispers.

You value your spouse. You certainly value peace and harmony.

But the ethics of it require you to lie. You are challenged to either violate your own values or violate the code of ethics.

Azamat Tazhayakov, Dias Kadyrbayev and Robel Phillipos found themselves in a values-versus-ethics situation when they removed and disposed of a backpack from Dzhokhar Tsarnaev’s dorm room.

Dzhokhar Tsarnaev was the suspected Boston Marathon bombing suspect who was killed during the search for the perpetrators. His roommates were later sent to jail for destroying evidence in Tsarnaev’s backpack.

They certainly mistook the value of friendship as more important than the ethics of honesty and reality. At the time, though, they probably thought they were doing the right thing.

Their situation is obviously more severe than the hypothetical mother-versus-spouse situation I asked you to consider.

But does the severity of an ethical violation matter? Is it okay to abandon ethics when we are talking about little things, so long as you stay ethical when it truly counts?

I argue that the little things define you. If you are willing to abandon your ethics when the consequences are minor, imagine what you will do when the consequences are major!

This is a common theme in my work as a CPA. Accountants value their clients. They want to serve them well. And every day, accountants are given an opportunity to cheat a little here and a little there. 

But cheating a little bit is a slippery slope. It makes cheating easier and easier, until one day, cheating becomes the norm. What do these folks do when they are presented with a major ethical decision, one that could either result in a major boom or a major consequence?

Why they cheat, of course!

Your ethics are a code by which you decide to live. They define what type of person you are. If you decide that you are going to be honest, except when it is inconvenient to do so, you have decided that you are comfortable being a dishonest person.

A true test of your commitment to living an ethical life is when you behave ethically when it is inconvenient to do so.

What do you think? Is it this black-and-white, or is there some gray area here?



Monday, July 7, 2014

Risks to Avoid When Outsourcing Payroll

Outsourcing your company’s payroll has many of benefits, but many pitfalls as well.   I recently contributed to an article on Business News Daily on avoiding these risks. Read the article here. 

I'd like to thank writer, Brittney Helmrich for including my thoughts in her article.  




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