Friday, 29 September 2017

The Books Every Accountant Must Read – Book 2 “The 7 Habits of Highly Effective People” by Stephen R. Covey.

The Books Every Accountant Must Read – Book 2

The Best gift you can give to your friend is sometimes a Good Book. One of such gift was given by one of my friends almost 21 years ago. One Book, that I read three times in last 21 years. The things I learned reading that book helped and guided me thru out my career. The Book, I believe 90%+ readers of this post would be familiar with, there would be hardly any Seminar/Training on motivation or leadership, when no quote from this book gets referred. The book that first published in 1989. One of The Best Books that can change your personal and professional life.

“The 7 Habits of Highly Effective People” by Stephen R. Covey.

This book talks about 7 Habits of Effective/Successful people. How adopting or changing a habit can change your life. This Book is useful for all. But what is special for accountants. Let’s see.

Habit 1: Be Proactive: People can be active or reactive, but good professional is the one, who is proactive. E.g. many accountants kept waiting until GST implemented, then they started learning, on other hand, many started preparation 6 or 7 months ago, understanding the law and practicing with dummy transactions.

Habit 2: Begin with the End in Mind: When you post an entry, the impact on taxation and balance sheet should be known.

Habit 3: Put First Things First: I read about 10 books on Time Management, but found, Time Matrix shared by Mr. Stephen is the Best. Here each task is divided based on Urgency and Importance.
(Time Matrix for Accountants - I’ll share a complete post on same).

Habit 4: Think Win-Win: This helps to be ethical while dealing with Employees/Vendors/ Customers/Govt etc.

Habit 5: Seek First to Understand, Then to be Understood: Effective & Meaningful Communication.

Habit 6: Synergize: Creative Cooperation among Teams.

Habit 7: Sharpen the Saw: Learning and Growing. It's about renewing the four dimensions of your nature -- physical, spiritual, mental, and social/emotional.

Keep Learning & Growing. JMJ.


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