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VHMA Annual Meeting: Anticipatory Leadership in the 'Fast Future'

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Recent research says our business environment will be characterized by “unprecedented, massive and highly accelerated change” through 2025. To thrive in this new age of hyper-change and growing uncertainty, it is now imperative that leaders learn a new skill – how to accurately anticipate the future. This session will show you how to anticipate future trends and move from being a crisis manager to an opportunity manager. At the end of the session, participants will set actionable steps to elevate and accelerate their organization’s strategy.

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VHMA Annual Meeting: Anticipatory Leadership in the 'Fast Future'

  1. 1. Anticipatory Leadership in the ‘Fast Future’ Bill Sheridan, CAE
  2. 2. bli.cnf.io
  3. 3. Our top challenge?
  4. 4. “When the job is in the way of the work, consider changing your job enough that you can go back to creating value. Anything less is hiding.” Seth Godin
  5. 5. Top five issues impacting business professionals 1. Keeping up 2. Information overload 3. Doing more with less 4. Being proactive vs. reactive 5. Complexity
  6. 6. Now what? Future-ready lessons applied to business pros
  7. 7. “You can’t stop the waves, but you can learn how to surf.” – Jon Kabat-Zinn
  8. 8. 1. Aware 2. Predict 3. Adapt
  9. 9. Aware
  10. 10. “We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before.” Klaus Schwab, World Economic Forum
  11. 11. “In the next five years, game-changing technologies will transform every business process, including how we sell, market, communicate, collaborate, educate, train, and innovate.” Daniel Burrus
  12. 12. Veterinarians: 3.8% A&A: 93.5% Tax: 98.7% Bookkeepers: 97.6% Medical secretaries:
  13. 13. “What he sees is the whole universe, while what we see is just a pond in front of us. … The self-learning ability of AlphaGo is beyond imagination.” Ke Jie
  14. 14. The shot heard round the world
  15. 15. "Human rights abuses, overfishing, fraud, illegal, unreported, and unregulated fish: A number of practices in the seafood industry are compromising the wellbeing of environments, wildlife and people all over the world. According to The Guardian, “slaves forced to work for no pay for years at a time under threat of extreme violence are being used in Asia in the production of seafood sold by major U.S., British and European retailers. Blockchain in action: Tuna to table From Shore to Plate: Tracking Tuna in the Blockchain Or as Greenpeace said: “Sustainable and socially responsible seafood is impossible to achieve without establishing strong traceability mechanisms.”
  16. 16. Source: From Shore to Plate, Tracking Tuna on the Blockchain Tracking Tuna with Blockchain
  17. 17. “Such claims … are yet to be proven. What we currently have are some core ideas that point to a big opportunity. …We may well unleash a wave of innovation like none we’ve ever seen.” Michael Casey
  18. 18. 2004: 119 Today: 71 Source: The Hackett Group
  19. 19. 47%of all jobs gone within 25 years Source: T
  20. 20. Alberto Brea, EVP Digital Strategy at Edelman Did Amazon kill retail?
  21. 21. Predict
  22. 22. blionline.org/aoaf
  23. 23. Three hard trends: 1. Government regulation 2. Technology 3. Demographics
  24. 24. RONI?
  25. 25. Adapt
  26. 26. Source: T
  27. 27. Source: T In a period of rapid change and increasing complexity, the winners are going to be the people who can LEARN faster than the rate of CHANGE and faster than their COMPETITION.
  28. 28. Seven #FutureReady competencies in the age of the machines 1.Anticipating and serving evolving needs 2.Strategic and critical thinking and synthesizing intelligence to insight 3.Integration and collaboration 4.Communication 5.Leadership 6.Tech-savviness and data analytics 7. Functional and domain expertise
  29. 29. Source: T “Professional judgment and expertise is not replaceable by machines.” — Cathy Engelbert CEO, Deloitte
  30. 30. “Humans should only do work that only humans can do.” Peter Sheahan
  31. 31. Adapt Predict Aware Future- ready
  32. 32. Questions?
  33. 33. Resources The Future of the Professions: How Technology Will Transform the Work of Human Experts, by Richard and Daniel Susskind www.susskind.com The Fourth Industrial Revolution, by Klaus Schwab bit.ly/1qLrfzs Flash Foresight: How To See The Invisible And Do The Impossible, by Daniel Burrus bit.ly/1SOn7FG The Second Machine Age: Work, Progress And Prosperity In A Time of Brilliant Technologies, by Erik Brynjolfsson and Andrew McAfee www.SecondMachineAge.com The Industries Of The Future, by Alec Ross bit.ly/2fP8cnU Thank You For Being Late: An Optimist’s Guide to Thriving in the Age of Accelerations bit.ly/2hag0Rg What SMBs Want From Their Accountant, from The Sleeter Group bit.ly/2fCsvkc Welcome to the Fast Future, from CPA.com bit.ly/2gdHlBj The Future of Employment: How Susceptible Are Jobs To Computerization? by Carl Benedikt Frey and Michael Osborne bit.ly/1kre5T6 CPA Horizons 2025, from the American Institute of CPAs bit.ly/1UEN1x2 Innovation Killers: How Financial Tools Destroy Your Capacity To Do New Things, by Clayton Christensen, Stephen P. Kaufman, and Willy Shih bit.ly/1JtBxfG These are among the resources discussed during the our “Future-Ready CPA” programs.
  34. 34. Resources These are among the resources discussed during the our “Future-Ready CPA” programs. Audit 2025: The Future is Now, by KPMG bit.ly/2nLoT5Y AuditChain: Decentralized Continuous Audit and Reporting Protocol Ecosystem AuditChain.com Robots are coming to the accounting industry – here’s how to prepare, by Rachel Grimes read.bi/2ot47cB How Technology is Transforming the Audit, by Marc T. Macaulay bit.ly/2FBF4tH Melancon: CPA firms will be unrecognizable in 5-10 years, by Daniel Hood bit.ly/2l8qlyH How accountants can prepare for the blockchain revolution, by Mike Galarza bit.ly/2BhS8US Preparing Tomorrow’s Auditors For The Future Of Tech-Driven Accounting, by Russell Guthrie bit.ly/2HP8Z2b
  35. 35. “Just because we cannot see clearly the end of the road, that is no reason for not setting out on the essential journey. On the contrary, great change dominates the world, and unless we move with change, we will become its victims.” — Robert F. Kennedy
  36. 36. Connect with me  MACPA’s blog: CPASuccess.com  Facebook.com/BillSheridan  LinkedIn.com/in/BillDSheridan  Twitter.com/BillSheridan  YouTube.com/BillSheridan  SlideShare.net/BillSheridan  Instagram: BDSheridan Download these slides: Slideshare.net/BillSheridan
  37. 37. Anticipatory Leadership in the ‘Fast Future’ Bill Sheridan, CAE

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