RSM Launches CEO Innovation Fund to Cultivate Grassroots Ideas

RSM US LLP (“RSM”) – the nation's leading provider of audit, tax and consulting services focused on the middle market – recently announced a new CEO Innovation Fund that provides its people with the financial resources to cultivate their grassroots ideas.

RSM has a long history of innovation, beginning with firm founder Ira B. McGladrey, who championed the adoption of regulatory accounting legislation. McGladrey’s decision in the 1940s to issue straightforward opinions on financial reports elevated his firm to the forefront of the accounting profession.

Through RSM’s CEO Innovation Fund, the firm’s people can submit their middle market-focused innovation ideas for consideration. Senior leaders, including Managing Partner and CEO Joe Adams, will identify top concepts that will receive funding. Ideas will be selected based on impact for clients, impact for RSM’s people, enhancements to quality, efficiencies and the potential to lead to additional innovations, among other criteria.

“RSM is full of forward-thinking people with lots of great ideas for near-term and long-term innovations that can benefit our clients, our people and our communities,” said Adams. “The RSM CEO Innovation Fund helps put our people’s promising ideas into action. It’s a great example of our commitment to stewardship—or leaving things better than we found them.”

The CEO Innovation Fund is only one way RSM invests in the innovative ideas of its people. Other examples include the naming of Jay Schulman as the firm’s national leader of blockchain services, an arrangement with Automation Anywhere to deliver robotic process automation to the middle market, the launch of the Middle Market Transformative CEO radio show and the firm’s Middle Market Business Index, a first-of-its kind index focused on the middle market.

“Many people in this firm are already at the forefront of significant innovation efforts,” said Jeff Johannesen, chief strategy and innovation officer with RSM US LLP. “Our CEO Innovation Fund provides the necessary support to turn more grassroots ideas into collaborative innovations that help our middle market clients achieve their strategic objectives.”