5 Steps to Being an Anticipatory Accountant
Tom Hood | February 22, 2017
“Technology and the pace of change has outpaced humans’ ability to adapt” says Tom Hood, Chief Executive of the Maryland Association of CPAs and the Business Learning Institute. Mr. Hood recently discussed how the technological revolution impacts businesses and firms of all sizes worldwide during a presentation at the IFAC Small and Medium Practices Committee meeting in New York. He highlighted five key steps for practices to be future-ready:
- initiate change;
- go digital;
- elevate skills;
- protect the core; and
- enjoy the ride.
In a period of rapid change, such as the one we are all living in, those who are aware, predictive, and adaptive will lead the charge for success in the firms of tomorrow, and enjoy the ride.