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FAST FORWARD Building the Profession of Tomorrow

FAST FORWARD Building the Profession of Tomorrow. ITEM #11. The Future of Learning Anthony Pugliese, CPA, CGMA, CITP – Senior Vice President & COO Lawson Carmichael – Senior Vice President – Strategy, People and Innovation Spring Council | May 18-20, 2014.

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FAST FORWARD Building the Profession of Tomorrow

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  1. FAST FORWARD Building the Profession of Tomorrow ITEM #11 The Future of Learning Anthony Pugliese, CPA, CGMA, CITP – Senior Vice President & COO Lawson Carmichael – Senior Vice President – Strategy, People and Innovation Spring Council | May 18-20, 2014

  2. The Task Force on the Future of Learning Firms State Societies B&I Reg Education AICPA

  3. Topics for discussion • Why now? • Council engagement in new learning • Future of Learning recommendations • Preview of microsite • Next steps

  4. The task force guided our learning vision Task Force on the Future of Learning

  5. Changing business and workplace evolution 5

  6. Business and profession transform • Disruptors emerge overnight • Increased regulation • Hyper-specialization • Globalization adds complexity • Technologies transforming business

  7. An outlook on the workplace of 2020 • Peer-to-peer learning is preferred method of learning • Mobile devices - office, classroom, virtual concierge • Social media literacy required • Acute global talent shortage • Corporate curriculums will use game mechanics • Hiring/promotion based on reputation capital • Lifelong learning becomes a business requirement Source: The 2020 Workplace

  8. The learning revolution 8

  9. Learner’s expectations have changed • Competency plus compliance • Relevant and contextual • Collaborative, interactive, participative • Mentoring and coaching • Just in time, blended, tech-enabled Source: Future of Learning 1st Task Force meeting

  10. Competency-based models reward learner outputs Creating Evaluating Competency-based; rewards outputs and learner proficiency Analyzing Applying Time-based; rewards inputs and learner recall Understanding Remembering

  11. Mix of formal, informal and experiential learning  Workplace integration of learning  Learning momentum  Learning event 10% 20% 70% Formal Informal Experiential

  12. Blended learning environments rise in importance and prevalence

  13. Technologyenablespersonalizedadaptivelearning • Personalized • Onset tailoring • Intuition-driven, data-informed TECHNOLOGY • Adaptive • Evolves in real-time • Data-driven

  14. Mentoring and peer-to-peer learning on the rise

  15. Gaming and simulation improving outcomes

  16. Future of Learning recommendations 16

  17. Future of Learning recommendations • Innovate and Experiment • Ignite a Passion for Learning • Make Learning Personal • Measure What Matters

  18. Innovate and Experiment Adapt and evolve learning to meet the needs of high-performing professionals Leverage technology to enhance learning experiences Small changes to learning can have a huge impact

  19. Ignite a Passion for Learning Create meaningful, purposeful experiences that motivate and engage learners Start with the learner Make learning engaging and relevant

  20. Make Learning Personal Create learning opportunities that address individuals’ knowledge and competency needs Filter content and focus resources Design for desired outcome Deliver any topic, anywhere, any way

  21. Measure What Matters Create and leverage a unified, global competency framework Learning happens everywhere and can’t always be quantified in a test result or measured in hours Develop one uniform, global compliance standard Rethink how CPE is measured

  22. Microsite preview 22

  23. Next steps • Launch Future of Learning microsite and communications campaign • Pilot new learning methods and tools with State Societies • Incorporate competency-based approaches to CPE into AICPA membership requirements • Build Future of Learning recommendations into AICPA learning resources • Collaborate with NASBA, State Boards, and State Societies on CPE requirements • Update Council in October on progress to date

  24. JOIN US.

  25. 2014 AICPA Spring Council Scottsdale, Arizona May 18-20, 2014

  26. AICPA Council Proposed Resolution • WHEREAS, The accounting profession’s more than 40-year commitment to lifelong learning hinges on ongoing relevancy and requires that competency development evolve with technology, generational expectations, the pace of change and complexity in the world, and • WHEREAS, The AICPA's Future of Learning Task Force report, addressing the skills CPAs need to acquire as well as how they acquire them, will be available to all AICPA members in an interactive micro site in the summer of 2014, and • WHEREAS, The Task Force recommendations were forged with the feedback of Council, state CPA societies, AICPA members, interested third parties and regulators • NOW THEREFORE BE IT RESOLVED, That the AICPA Council enthusiastically supports the themes of the Future of Learning Task Force’s report to evolve the way we engage, develop, deliver and measure the learning of accounting professionals and encourages all members to participate in dialogue and drive change to ensure the profession maintains its leadership position, relevancy and attractiveness, and • BE IT FURTHER RESOLVED, That the AICPA, engaging with state CPA societies, NASBA, state boards of accountancy, federal regulators and other stakeholders, should provide leadership to evolve the profession’s learning strategies and structure giving due consideration to change management, timeframes, and relevant measurement approaches.  

  27. 2014 AICPA Spring Council Scottsdale, Arizona May 18-20, 2014

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