Posts Tagged ‘tony a rose’

“Five Eyes on the Fence: Human Capital” Featured on RBI Website

RBI Human Captial

RBI Human CaptialRSJ founding partner Tony Rose is not just an experienced accountant, he is also the author of two books: “Say Hello the Elephants” and “Five Eyes on the Fence.” His thesis that a business’s success must be measured not just by Financial capital, but by the strengths of its Human, Intellectual, Structural, and Social capital, has been cited and discussed many times. Tony’s most recent article on the Five Capitals appears in the March Features and Analysis section of Russell Bedford International. Click here  to read the full article.

The Five Capitals – A Cheat Sheet

Five Eyes on the Fence is available on Amazon.com

Five Eyes on the Fence is available on Amazon.com

In my book Five Eyes on the Fence, I propose a way to look at what businesses, families and people really possess in terms of “capital.” The success or failure of a business lays in understanding the potential and actual consequences of more than financial capital. In fact, there are four other capitals that might be even more consequential than money. The interrelationship of these four capitals—sometimes coupled with financial capital—is what actually produces expansion or contraction of financial capital.

The financial consequences of a business owner’s decisions are driven by:

  • Human capital—Who are the owners? What are their intelligences, instincts, and values? This is important because every decision is knowingly or unknowingly a manifestation of the value set of the business, family, or individual.
  • Social capital—Who do the owners know and work with? When they are intentionally nurtured, these relationships can be leveraged for opportunity.
  • Intellectual capital—What do the owners and other members of the company know? Are their gaps in knowledge that could be closed to strengthen the product or service?
  • Structural capital—What processes do these people use to accomplish things?

In short, all the decisions surrounding these four capitals will either subtract from or enhance financial capital.

Katie’s Perspective

In the past months, so many of you have shared in my family’s sadness of losing our beloved Jon. WhileKatieJon1 a huge tragedy for us, it has also been an incredible learning and growing experience. We have seen how the concepts of human and social capital come into play in good times and especially in bad. In a strange way, we have become rich even in our loss.

Many of you know my daughter, Katie. This is from a piece she composed for one of her friends. I thought I would share it with you.

By Katie Rose
I have always been trapped in my head—trapped by fears and social anxiety. I felt so trapped that there came a point in which I boxed myself in and withdrew. Being around other people became so torturous for me that I began hiding in my room.

It wasn’t that I failed to recognize that I had these issues. I was well aware, which made them even more frustrating. My mind was telling me one thing, but it always lost to fear and anxiety.

Then I suddenly and unexpectedly lost my brother. Jonny’s death made me question everything I ever KatieJon2knew, and though I would give just about anything to rewind to July 26, 2015, so I could save his life, I have experienced more personal growth within the last year than I have ever had.

After Jonny died, I began asking myself questions like: If I died tomorrow would I be satisfied with my life? Did I want to live in my pain and misery? Am I living the life I want to live? Do I know what it means to be truly happy?

The answer to every single one of these questions was no. In a terrible yet beautiful way, my brother’s death lit a fire under my belly. His death has given me a whole new perspective on life and the way I live. The lessons I have learned in the past year could fill an entire book. Here are few of my favorites:

1. When one story ends, another begins—and that story always has a silver lining. The silver lining in the new story of my life is that I have learned to never take any days for granted. I took my brother’s death as a point of reflection: Did I want to live in pain everyday, or did I want to love life, and have it love me back?

2. I do not hide from my emotions anymore. If I am scared, I acknowledge that I am fearful and move on. If I am sad, I let myself cry and keep going. I now invite myself to feel every emotion I can (fear, happiness, anger, sadness). These are the emotions that force the most personal growth. They give us insight into where our minds are. They tell us that something is missing in our lives, and they call for us to find a way to resolve these needs.

3. Being vulnerable with one another is the most beautiful thing we can experience as humans. In a society with so much competition, vulnerability equalizes us. Vulnerability allows us to show our imperfections without shame.

When tragedy happens, you can either let it overcome you, or you can sit with the pain that you feel long enough to harness it and turn it into power. I’ve chosen to harness my pain.
KatieJon3

How To Wrap Up Your Next Speech

When doing any public speaking it’s important to remember that you’re taking other people’s time; whatblah may be interesting to you may not be to them. The best advice I ever heard about public speaking came from communications expert Gary Hankins, which was something like this:

· Tell the audience what you’re going to be saying.
· Say it.
· Then say what you said.

Pretty good advice. Most folks are able to start talking easily enough, but where I see people fail most often when it comes to public speaking is the inability to wrap it up.

If you’re doing an impromptu speech, a good rule of thumb is to talk about who you are, spend 10 seconds talking about what you do, and then talk about what you are interested in right now. Then stop! Think about what you want your audience to take away, say it, and then shut up.

So next time you’re preparing a speech –regardless of the length — be sure you have an ending in mind. And, when in doubt, just stop!



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Tony Rose Featured in San Fernando Valley Business Journal’s Accounting Issue

We are thrilled to share that Founding Partner, Tony A. Rose is featured in the current issue of the San Fernando Valley Business Journal as part of the publications special report on Accounting.

05-18-15 TonyRoseSFVBJ