H&R Block Builds on Momentum to Accelerate its Transformation Strategy, Block Horizons 2025
“This past tax season, people turned to
Company Aligns with Three Strategic Imperatives
The company’s five-year growth and transformation strategy focuses on three imperatives: small business, financial products, and Block experience, H&R Block’s new approach to consumer tax. These imperatives form the foundation of how the company will align functions: Small Business, Financial Services, and Global Consumer Tax.
|The company’s Small Business function will focus on small business tax, as well as expanding its payroll and bookkeeping services for small business owners.|
|Financial Services will develop a mobile-first solution that inspires financial confidence for consumers and helps ease their financial burden.|
|Global Consumer Tax will consolidate all consumer tax and service delivery functions, including the company’s expert-prepared assisted tax solutions, do-it-yourself (DIY) tax offerings, and its international and expat business.|
Restructuring Teams will Strengthen its Connected Culture
The company is also restructuring its teams to ensure enhanced agility. The new company-wide structure will efficiently deliver new client experiences, allow for prudent investments in strategic growth areas, and create a more innovative and agile organization. Changes resulted in nearly 90 promotions, and new and expanded roles within the company, while fewer than 90 roles were eliminated.
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Source: HRB Tax Group, Inc.