Episode Details

Episode 54: Understanding the Context of ‘No Bypass Policy’ for Your Accounting Team Structure

In this episode of The Wize Guys Podcast, Brenton Ward, Jamie Johns, and Ed Chan share their insights about the need for a discovery session for every accounting practice.

To find out how to ensure that you are not a prisoner in your own business, Ed and Jamie will give a thorough outline of how you can start to design or redesign your business to achieve the ROI of your end goals.

Timestamps:

0:00 - Intro

0:52 - Understanding the ‘No Bypass Policy’ 

1:24 - How body-system reporting works

2:03 - Why structure is related to your internal processes

2:24 - The importance of delegation and a hierarchical system.

4:29 - How to empower your team

Quotations:

“One of the most important things in a deeper narrow team structure, particularly with practice firm owners looking to implement it is the No-bypass policy because the deeper narrow team structure doesn't really work without the No-bypass policy.” - Jamie Johns

"If you want them to take more responsibility, stop undermining them." - Ed Chan

USEFUL LINKS:

• Download FREE eBook: The Accountant's 7-Hour Workweek Playbook

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Email: support@wizementoring.com

Download the full transcript here.

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PS: Whenever you’re ready… here are the fastest 4 ways we can help you fix and grow your accounting firm:  

 1. Download our famous Wize Freedom Map for FREE - Find out the 96 projects every firm owner must implement to build a $5M+ firm that can run without them - Download here 

2. Need to Hire right now? Book a 1:1 FREE discovery call with our WizeTalent hiring coaches to help find your next team member the Wize Way – Click Here 

3. Work with Jamie and our mentors for 8 weeks - Build a custom business plan for your firm - Apply here