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Why Organizations Fail – How to see the warning signs of a failing organization and how to repair it

  • ACCT/BK
  • CPA (CA)
  • CMA
  • CPA (US)
  • CFIRS
  • CWS

Published: March, 2022

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • Here we start with the Strategy
    17 mins
  • The purpose of business
    20 mins
  • Community / Reputation / Making noise
    25 mins
  • I know what my business is worth
    38 mins
  • My business is my retirement
    47 mins

Course Description

The COVID-19 pandemic has profoundly changed the outlook of nearly every business.

The effects of COVID-19 are far-reaching and have caused the unprecedented change. Businesses and organizations face economic and operational uncertainty across every industry and sector. Now more than ever is the time to understand compliance, adjust expectations, renew focus and reposition in the wake of the next normal.

There is an urgent need for business owners to plan and protect what they have worked so hard to build. The pandemic amplified the risk and the need to be proactive. More than 90% of business owners have prominent issues that disrupt, disable, and perhaps kill business.

One dozen issues can negatively impact business – yes, kill the business.

There are many more warning flags to look out for in a failing business, from “heroic” leaders surrounded by nodding executives to cynicism and lack of purpose. But these are five of the key ones which, if allowed to continue, will likely result in a business going bust.

Unfortunately, many do not take the time to plan and protect what they have worked so hard to build. If you seek to protect and nurture your baby, now is the time to do so and this CPE course will help you in doing so.

This CPE webinar illustrates both for you and your clients the 12 areas that cannibalize business and how to avoid them.

Learning Objectives

  • To determine the 5 simple ways why the small and medium businesses fail without even knowing it
  • To discover the 3 factors that quickly keep a business afloat or sink it every time.
  • To analyze and evaluate simple KPI’s that success measurement.

Recommended For

  • This Online CPE webinar is recommended for CPAs, CMAs, CEOs, CFOs, Business Owners, Business Managers, and Other Individuals interested in understanding why the organizations fail, how to identify the warning signs of a failing organization, and the steps to repair it.

Who Should Attend?

  • Business Owner
  • CEO
  • CFO/Controller
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 1 CPD Credit for Chartered Professional Accountant (CPA Canada)
  • 1 CPE Credit for Certified Management Accountants (CMA)
  • 1 CPE Credit of Business Management and Organization for Certified Public Accountants (CPA-US)
  • 1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 1 CE Credit for Certified Wealth Strategist (CWS)
  • 1 General Credit for Accountant/Bookkeeper (ACCT./BK)

Additional details

  • Course Level :
    Basic
  • Credits :
    1
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Drew Stevens

CEO and Leadership Change Expert, Stevens Performance

Talks about #strategy, #salesandmarketing, #revenueoptimization #financialadvisory #strategicleadership #financialplanning #successionplanning #exitplanning

If you want your business competitive proof then you need to understand the 12 crucial elements that destroy a business. 

If you want your business to continually exceed goals, then stop doing the same things that create no results and no changes.

What is?

  • 12 Strategic Principles that guide the business and eliminate the obstacles/
  • Modern methods that create fiscal controls and higher income.
My mission is to implement plans for struggling businesses to generate transformative, long-lasting results for every organization. 

My innovative and transformative assistance is with:

  • Developing financial awareness that places more money into owners' hands.
  • Eliminating waste and processes that slow revenue, access to clients and competition.
  • Implementing strategies that have helped businesses develop more than $11B in new revenue.
  • Creating personal financial strategies that create abundance, a better lifestyle and personal liquidity.
By creating a strategic approach and realigning business, Drew will help your organization to: 

  • Lower Customer Acquisition Cost
  • Increase financing while creating a fluid when planned exit 
  • Competitive Proof the Firm
  • Build Industry and Brand Recognition
  • Increase Financial Wealth

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

2

3 Ratings

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AC

Anthony Cooch, Doc. of Law

Apr 20th, 2022

You have 3 types of CPE courses on this site. One is the commercial. One or two guys will present some product and talk about it for an hour under the guise of covering some area of accounting that is relevant to me and matches the title. It is like a time share presentation in that you can't leave and it is mildly amusing. The second type is the presentation that is well thought out, well presented and very useful. Most of the presentations here are like that. You can tell the author really spent time developing the course and really enjoys teaching. The third type is the worst. It is taught by a guy who jumped around from job to job for years, most of his resume is bullshit and he loves to spent part of the presentation telling you about how smart he is, both by the 10000 books he wrote and his life on the road at speaking engagements and he is quick to tell you about all his degrees and certifications. THIS CPE is that third type. I have been to a lot of seminars in my 20 years but I have never seen one where the author puts a full picture of himself in some weird pose on the powerpoint slide. So weird. This guy wants to tell you story after story about all his great experiences and he blathers on for the full time. his handout is complete crap; nothing in it was discussed in the presentation. This guy clearly did not prepare before he gave the presentation - he just talks. I got nothing out of this course and it should be deleted from my-cpe.

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