It didn’t take long for the BV talent shortage to re-appear after the recession ended. Part of the problem, of course, is the unique DNA of the profession. If you’re hiring above a particular [...]
There’s no doubt the recession hit BV practices, in some cases triggering layoffs. For the first time we can recall, the supply/demand pendulum swung in favor of the employer. From where we sit, [...]
Based on comments at the recent ASA and AICPA/ABV conferences, business valuation seems to be back. Practitioners are busy enough to think about hiring. What used to be a simple talent shortage [...]
Business valuation is strengthening. Hiring is returning. The recession has changed the world for BV professionals, however. You would be smart to recognize how that change impacts you and your career.
Jim Collins in Good to Great writes, “The purpose of a compensation system should not be to get the right behavior from the wrong people, but to get the right people on the bus in the first place [...]
One of the unforeseen outcomes of the recent downturn is the impact on the hierarchy in BV practices. Professionals whose years of experience had made them high-paid technicians, but who had not [...]
If you think your practice has already been hurt by the downturn, imagine what would happen if you lost your best talent. Just because layoffs have expanded the universe of available BV [...]
What was originally intended as a five-year review of ASA’s BV credentialing courses took on an unexpected dimension when it coincided with one of the most unusual times ever seen in American [...]