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Promoting Your Talent: A Guidebook for Women and Their Firms

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Second Edition: New Information for Women in Business and Industry

by Nancy R. Baldiga, CPA
Issued by the Work/Life and Women's Initiatives Executive Committee

The author, Nancy Baldiga, CPA interviewed over 50 women, human resource directors, and managing partners to see what their firms were doing to ensure staff retention and advancement of women CPAs. This book contains the observations, reflections and recommendations on how women CPAs can promote their talents or their firms can promote the talented staff they have. The second edition also includes additional information, perspectives and recommendations from women CPAs working in business and industry.

In Promoting Your Talent, you'll find suggestions, tips and ideas on:

  • Utilizing innate skills for practice development
  • Effective networking
  • Positive mentoring
  • Changing the business model to promote talent
  • Addressing the culture
  • Developing flexible work arrangement strategies
  • Plus — advice for young women CPAs

This guidebook is perfect for every firm and every woman CPA who is looking to enhance her career in accounting.

About the Author
Nancy R. Baldiga, CPA is an associate professor of accounting a the College of the Holy Cross in Worcester, MA, and a member of the AICPA's Work/Life and Women's Initiatives Executive Committee. And prior to joining the faculty at Holy Cross, she worked as an audit manager in the Boston office of Price Waterhouse. For the last ten years, she has taught intermediate accounting and auditing, encouraging her students to seize the opportunities presented by a career in public accounting. And recently she was named chair of the Economics Department at Holy Cross.

Table of Contents

  • PREFACE
  • CHAPTER 1 - MAKING THE CASE
    • The Business Case for the Advancement of Women
    • Where Are the Female Partners?
    • Obstacles: Perceptions and Recommendations
    • Conflicting Stresses: Public Accounting Versus Other Priorities
      • Recommendation
    • Practice Development: A Problem for Women?
      • Recommendation
    • Unequal Access to Leadership Development and Networking
      • Recommendation
    • Lack of Mentors
      • Recommendation
    • How Firm Culture Thwarts Women
      • Recommendation
    • Lack of Positive Role Models
      • Recommendation
  • CHAPTER 2 - FLEXIBLE WORK ARRANGEMENTS
    • Common Flexible Work Arrangements
      • Flextime
      • Regular Part-Time
      • Compressed Workweek
      • Special Summer Hours
      • Telecommuting
      • Job Sharing
    • Strategies for Success
    • Compensation Issues
      • Hours Worked Differ From the Plan
      • Treatment of Sick, Vacation, and Holiday Pay
      • Desire for Pay Over 12 Months
      • Challenges Presented by "Busy Season"
    • The Impact of Scheduling
  • CHAPTER 3 - PRACTICE DEVELOPMENT
    • Recognize and Capitalize on Your Skill Set
    • Establish Your Expertise and Project the Right Image
    • Develop and Maintain Relationships
    • Identify New Opportunities
    • Join Organizations
    • Use Firm Resources Effectively
    • Take Rejection in Stride
  • CHAPTER 4 - NETWORKING, LEADERSHIP DEVELOPMENT, AND THE PATH TO PARTNERSHIP
    • Networking
      • Internal
      • External
    • Leadership Development - Leveraging Networking for Women
      • Formal Programs
    • Setting Goals for Leadership
      • Informal Activities
    • The Path to Partnership - What Does It Take?
      • Alternative Paths to Partnership
    • Moving Beyond Partner - What Does It Take?
  • CHAPTER 5 - MENTORING
    • Mentoring Over the Career
      • Early Professional Career: The Buddy System
      • Mid Career Relationships: Manager and Partner Mentoring
      • The Role of Mentoring in Times of Stress
      • Qualities of a Good Mentor
  • CHAPTER 6 - STRATEGIC PLANS AND CULTURE CHANGE IN PUBLIC ACCOUNTING
    • Problems With the Business Model
      • Using Strategic Planning to Change Culture
        • The Best Initiatives - Strategic, Not Piecemeal
        • Acceptance of the Change in Culture by Firm Leadership
        • Culture Change in Response to Client Expectations
        • Communication as the Most Important Tool
      • Approaching the Task - Advice From Catalyst
        • Culture Challenges Outside of Public Accounting
  • CHAPTER 7 - PERSPECTIVES FROM BUSINESS AND INDUSTRY
    • Understanding Expectations
    • Where Are the Women Executives?
    • Challenges for the Industry Professional
      • Lack of a Well-Defined Career Path
      • Isolation
      • Culture
    • Recommendations
      • Understand What It Takes to Succeed
    • How to Develop a Skill Set
      • Sell Yourself
      • Improve Your Communication Skills
      • Be a Risk-Taker
      • Develop a Support System
      • Find Positive Role Models
      • Don't Be Afraid to Move on When the Time Is Right
    • Beyond the Executive Suite - Serving on Boards of Directors
    • Raising Your Profile in the Board Selection Process
      • Network With Local Professionals
      • Consider Serving on Nonprofit or Charitable Boards
    • A Sense of Urgency - Is There a Compelling Business Case for Women's Advancement?
  • CHAPTER 8 - A RECIPE FOR SUCCESS
    • Advice for Young Women CPAs: A Baker's Dozen
      • 1. Believe in Yourself!
      • 2. Be Willing to Try New Things and Be Willing to Fail
      • 3. Think About What You Want; See the Goal and Work Towards It
      • 4. Find a Good Mentor
      • 5. Take Control of Your Schedule
      • 6. Be Prepared
      • 7. Listen and Learn
      • 8. If You Decide to Reduce Your Hours, Enjoy It!
      • 9. Don't Be Afraid to Think Outside the Box
      • 10. Get Out There! Always Be Willing to Participate
      • 11. Figure Out What You Like to Do and Do It Well
      • 12. Just Stick With It
      • 13. Define Your Own Success
  • APPENDIX - RECOMMENDED READING

Excerpts

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Paperback 2004
Product# 872566
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