Episode 92

Digital Transformation for Businesses Is Slowing Down

Episode 92. In today's news episode, we discuss "Digital Transformation for Businesses Is Slowing Down."

Key takeaways from this episode include:

▶ how accountants 'stand in the gap' between business and government, between clients and economic forces

▶ how the pace of digital transformation is slowing down, at least as measured by amount of business transacted online

▶ explaining the drop in businesses adopting a 'fail fast' experimental mentality with less risk taking

▶ the shift to steady and sustainable change versus exponential growth in business

▶ how legacy constraints embedded in accounting firms and their clients are slowing down automation and change

▶ the biggest reason why digital transformation has slowed in business

▶ highlighting the trend that skills are becoming obsolete in 12-18 months and how this effects employer brand

"Digital transformation slowing down, say businesses" by Chris Gaetano

https://www.accountingtoday.com/news/digital-transformation-slowing-down-in-business-expectations-tempered

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NOTE TO LISTENERS:

The Accounting Influencers Podcast is a CPE-accredited daily radio-style show with four segments coming out every Monday which are repeated on the other 4 weekdays as standalone episodes, plus a bonus 'from the client's perspective' episode on Saturdays. On Sundays, listeners get a short min trailer for the coming week's episodes.

Every Tuesday the show gives you a relevant news topic from the accounting and fintech world with a direct application to accountants, CPAs and bookkeepers. Great to stay informed and build your commercial acumen.

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Every Thursday the show gives you a practical 'here's what works' tips concerning a key challenge, need or strategy for accountants, CPAs and bookkeepers. Great to stay current and keep your skills topped up.

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About the Podcast

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Accounting Voices Podcast
Accounting Voices helps people in the accounting world stay relevant visible and vocal. Host Rob Brown interprets trends reshaping the profession and gives listeners insight to build authority influence and a stronger voice in firms and markets.

About your host

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Rob Brown

ob Brown is the creator and host of the Accounting Voices Network, a media platform that includes the flagship solo podcast Accounting Voices and the panel shows Accounting M&A and Accounting Tech. He chairs conferences, panels and virtual events worldwide and is recognised as a leading advocate for the accounting profession.

He is an accomplished speaker and authority on trust, reputation, employer brand, talent, succession, executive presence and the forces shaping the future of accounting. Rob is the author of the bestselling book Build Your Reputation (Wiley) and his TEDx talk The Personal Brand of You has been viewed more than 400,000 times.

A former co-founder of the Accounting Influencers Roundtable, Rob now focuses on amplifying the voices of leaders, firms, networks, vendors and influencers across the global accounting ecosystem.

Outside of work he is a stroke survivor, lives with epilepsy, holds a black belt in kickboxing and is based in Nottingham, UK. He plays chess and backgammon, loves orange chocolate and is allergic to grapefruit.