How to Propel Your Practice via Strategic Thinking with Michael D. Watkins

January 12, 2024

WealthAbility for CPAs #114 – Are you having difficulties growing your tax business amidst a busy schedule and an everchanging tax law? Is it possible to propel your practice to a whole new level of growth and success in lieu of a struggling economy? In this episode, Michael D. Watkins joins Tom in an eye-opening discussion of how strategic thinking and its disciplines can expand the possibilities for you and your clients.

Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/ 

SHOW NOTES:

00:00 – Intro
07:36 – Thinking Small vs. Strategic Thinking
10:47 – Power of Pattern Recognition
14:06 – How can we find time for growth when we’re so busy?
20:04 – Systems Thinking: Seeing the world through the lens of systems.
25:18 – Mental Agility: When to be in the clouds vs. when to be on the ground.
30:00 – How to adapt and deal with change (i.e. AI)
33:50 – Structure Problem Solving & Visioning

Looking for more on Michael D. Watkins? 

Books: “The Six Disciplines of Strategic Thinking: Leading Your Organization into The Future”, “The First 90 Days” 

LinkedIn: https://www.linkedin.com/in/michaeldwatkins 

Website: https://www.genesisadvisers.com/