May 30, 2018
J. Michael 'Mike' McGuire
is CEO of Grant Thornton LLP, the U.S. member firm of Grant
Thornton International Ltd, one of the world’s leading accounting
and advisory firms. Mike has more than 30 years of experience
working closely with high-growth, startup and middle-market
companies, assisting in capital markets transactions ranging from
angel investing, initial public offerings, merger &
acquisition strategies, due diligence and deal structure. Before
joining Grant Thornton in 2002, Mike served as Carolinas Audit
Division Head for Arthur Andersen, LLP. Mike has received many
awards and honors, including 'Most Admired CEO' by Charlotte
Business Journal, and the 'Top 100 People in Accounting' by
Accounting Today. Mike earned a Bachelor of Science degree in
Accounting and Management Information Services from Bowling Green
This episode is perfect for anyone interested in
national accountancy, brand positioning, creating culture,
disruptive technologies, and scaling family
IN THIS EPISODE
Mike describes Grant Thornton ('GT') and
what makes it 'significantly different.'
- He explains how GT is structured and
how it serves clients across borders.
- He shares how he sees his job as
CEO and what he means by 'People First.'
- He explains what GT means by
'StatusGo' and what is today's most important
- Mike reveals the real differentiating
factors between accounting firms.
- He discusses what qualities GT hires
for and the two personality traits in employees he
- He shares why he wants GT to be the 'Tesla' of the
- He answers whether he thinks of himself as the
Elon Musk of accountancy.
- Mike talks about how Blockchain, Cryptocurrency,
Smart Contracts, Data Analytics and Robotics are
changing the accounting industry.
- He considers what changes he would make to
GAAP (Generally Accepted Accounting Principles).
- He identifies what difficult issues GT clients are
facing on the horizon.
- He explains what has to be done
right to successfully disrupt industries.
- Mike addresses whether accounting firms are serving society
when they help companies 'optimize' or pay less
- He tells the story of how he hired Dianne
Swonk, the new chief economist of GT.
- He discusses growing up in the grocery
business and what decision his father made that
totally changed his family.
- He talks about what he learned 'at the corner of
Jackson and Main.'
- Mike shares what happens to him when he enters a
grocery store today.
- He answers whether his childhood friends would
- He reflects on attending Bowling Green
University and what it allowed him to do.
- He reveals why he became an
accountant and what he will never forget.
- Mike shares how he wants to be
To learn more, visit On Life and Meaning