What Does the Future Hold for Finance and Accounting?

Futurist Jack Uldrich to share his insights and research on the future of accounting, private equity, and banking, with industry executives in Miami and Cleveland

Press Release updated: Oct 24, 2017 13:00 CDT

Today, Global Futurist Jack Uldrich will be in Miami, FL to speak with leaders in accounting on what the future of that industry may hold. He will discuss how new automation tools and platforms made possible by rapidly advancing technology will present both opportunities and challenges to accounting professionals in the future. His presentation will outline ten trends that are transforming the future of accounting and then provide actions that attendees can take to “future-proof” their businesses.  

On October 30th, Mr. Uldrich will be in Cleveland, OH to speak about the future of private equity and financial services. First, he will be presenting for executives at a leading private equity firm about how new technology is shaping the future of their industry. Later that day, Mr. Uldrich will be speaking to a banking and financial services company, also in Cleveland. His presentations will include his insights on recent advancements in cryptocurrency, artificial intelligence, and new breakthroughs in quantum computing.   

Mr. Uldrich makes it part of his mission to help prepare the financial services and accounting industries for an uncertain future. He says, “Every business leader feels it and knows it — the world is changing at an accelerating pace. Business models are shifting, consumer behaviors and preferences are evolving swiftly. In such an environment, it’s hard to look ahead to the next quarter, let alone the next year. Still, business leaders must position their companies for continued success.”

The work I do is all about helping organizations prepare for the coming technological changes so that they can effectively navigate and determine the course of their future.

JACK ULDRICH, GLOBAL FUTURIST

Another factor that can influence how organizations adapt to the future is business leaders’ unwillingness to “unlearn” certain things about their industry, or even recognize that in some areas their experience may no longer be relevant. “In fact, we may not even realize we have anything to unlearn,” Uldrich said. He explained the reason so many businesses experience disruption isn’t simply because they didn’t see the change coming; it is because they couldn’t let go of their assumptions soon enough, in other words, they couldn’t unlearn fast enough. 

Think: Blockbuster, Borders, and RIM (BlackBerry). In each case, the companies held on too long to old ideas about customers’ preferences, the strength of the prevailing business model or the true nature of their competition. “What might you need to unlearn today to succeed tomorrow?” he asks.

Jack Uldrich is the author of 11 books, including “The Next Big Thing is Really Small.”  His work has appeared in The Wall Street Journal, BusinessWeek, The Futurist, Future Quarterly Research, The Wall Street Reporter, Leader to Leader, Management Quarterly, and hundreds of other newspapers and publications around the country. He is also a frequent guest of media worldwide, having appeared on CNN, MSNBC, and National Public Radio on numerous occasions. 

For more information on Jack Uldrich’s speaking, writing, and workshops, please visit his website.

Source: Jack Uldrich & The School of Unlearning

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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