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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.

Every Wednesday and Friday, we feature an uncut interview with top authors, leaders, thinkers and performers in the accounting and fintech world.

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.

Finally, every Saturday gives listeners a bonus episode which focuses on the buyers of accounting services – the clients themselves. In particular how they feel, react to and experience their interactions with accountants. That includes why they buy or don’t buy, why they move or stay and why they think how they think about you, your firm, your prices and your offerings.

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Anything about the style of the show, the frequency, the content, the CPE/CPD, the hosts Martin and Rob, the guests, the different segments or something in particular that’s made a difference. Listeners can rate the show on a scale of one to five stars and can also add a written review. 

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