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01/15/2015

Three Experiments to Try in 2015

It’s that time of year: time for Thriveal Laboratory’s list of 3 experiments to try in 2015.

Building on the idea that the phrase that will change your business’s future is, “I’d like to try an experiment. . .let’s see if this works,” we’d like to challenge you to identify one or two things you’ll try new this year.

And to jumpstart the process, we’ve put together 3 experiment suggestions for you. Choose ours, identify your own — whichever you do, the point is to identify an uncharted area you think has the greatest potential for your firm and to make a move. Read more

Category:: Laboratory
Comments:: 0

01/05/2015

Experiment 1 Lab Report Released

The first hypothesis tested by the Thriveal Laboratory is that “there will be multiple successful business models for accounting firms of the future.” This challenges the notion that all accounting firms are moving towards one new model.

To test this hypothesis, we gathered a team of six CPA firms, surveyed the current landscape, acquainted ourselves with a powerful business modeling tool, generated concept sparks in two ideation sessions, and prototyped six different accounting firm business models.

On December 17, the Lab released its results to the accounting profession in a live, 30-minute webinar and published them in its first Lab Report. You can watch the presentation in this video: Read more

Category:: Laboratory
Comments:: 6

12/17/2014

Become a Thriveal Lab Partner!

Remember back in elementary school, when it was time to try something new in a science experiment? Everybody paired up with a lab partner.

Well, the learning shouldn’t stop. Neither should the experimenting. And neither should the lab partners.

The Thriveal Laboratory has as its mission: to encourage strategic risk-taking in the accounting industry, by lowering the barriers to innovation. We are accelerating the adoption of today’s innovations, and contributing to the imagining of tomorrow’s. And we’re creating new intellectual capital along the way. Read more

Category:: Laboratory
Comments:: 0

06/10/2014

Lab Experiment 1: Business Model Prototyping

Today the Thriveal Laboratory launches its inaugural experiment: Business Model Prototyping.

The experiment’s hypothesis is that there will be multiple successful business models for accounting firms of the future. Using the visual Business Model Canvas tool developed by Alex Osterwalder, a team of experimenting accountants will begin by sketching the traditional accounting firm model, and then ideate a series of prototypes for evolutions of that model that will succeed in the future. The experiment will be conducted using the Lab’s Experimental Framework, and the results will be published in a Lab Report released to the profession. The report will be designed for use by firm owners to identify points of innovation that they can use to either build and/or shape their own business models. Read more

Category:: Innovation, Laboratory
Comments:: 0

06/02/2014

The Phrase That Will Change Your Business’s Future

The phrase that will change your business’s future is, “I’d like to try an experiment…let’s see if this works.”

There’s a saying, “If you always do what you’ve always done, you’ll always get what you’ve always got.” While I may suggest it isn’t entirely true (see side note 2 in Choosing Your Surfing Style), the point is well taken: you can’t expect to see a change, unless you make a change. (Surprise, right?) Read more

Category:: Laboratory
Comments:: 3

02/19/2014

Bunsen Burner Chat Recap

The Thriveal Laboratory’s first Bunsen Burner Chat was held January 29, and was a great opportunity for folks around the globe to connect about experimentation in the accounting industry. We had participants from Australia, New Zealand, Canada, and the good ol’ US of A represented, as well as different sizes and different types of firms. A few of the highlights from our gathering:

We talked about how firms are currently experimenting. Challen Edwards of Holland Solutions LLC shared about how she’s invited selected customers to join in the exploration process by volunteering to try new things with her. And Zach Krogdahl shared how his firm beta tested some payroll changes among a select group of customers first, intentionally providing them an added level of attention and support, with a plan to rollout the changes to their customer base as a whole in phase two. Chad Davis of LiveCA shared how he drew inspiration from a MailChimp blog post for how numbers and information could be presented in new and impactful ways.

Category:: Laboratory
Comments:: 0

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