get ready for the fast future: why anticipation is the must-have skill of tomorrow

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#CCHUC17 | CCHUserConference.com

Get ready for

the fast futureWhy anticipation is the

must-have skill of tomorrow

Bill Sheridan, CAE

Oct. 24, 2017

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 2

bli.cnf.io

#CCHUC17 | CCHUserConference.com

Session No. 1: Oct. 24, 10:20 a.m. Session No. 2: Oct. 24, 3:30 p.m.

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 4

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#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 6

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 7

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 8

MPH: 300,000

MPG: 2 million

Price: 4 cents

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 9

Our top challenge?

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 10

“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

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 11

Top five issues impacting

accounting and finance pros

1. Keeping up

2. Information overload

3. Doing more with less

4. Being proactive vs. reactive

5. Complexity

#CCHUC17 | CCHUserConference.com

Session No. 1: Oct. 24, 10:20 a.m. Session No. 2: Oct. 24, 3:30 p.m.

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 13

#FutureReadyThe capacity to be anticipatory

(aware, predictive and adaptive)

of emerging technology and

trends in business,

demographics, and the social

environment impacting your

organization and industry.

* 92% of CPAs are not #FutureReadySource: CPA.COM Insight into

the CPA of the Future Study 2015

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 14

“You can’t stop the waves,

but you can learn how to surf.”

– Jon Kabat-Zinn

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1.Aware

2.Predict

3.Adapt

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Aware

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“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

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 18

“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

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 19

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 20

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 21

Source: Frey & Osborne,

“The Future of Employment,” Oxford University

Tax: 98.7%

A&A: 93.5%

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#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 23

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“We won’t recognize the

vast majority of CPA firms

in five or 10 years.”

Barry Melancon

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 25

47%of all jobs gone within 25 years

‘No government is

prepared’ for that level of

job lossSource: The Economist

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 26

Are your offices, workspaces, and technology

future-focused?

Do you know what your clients are facing now

and in the future?

Are you using the language of the future

or the past?

Will students and potential employees feel like they

are traveling back in time when they walk through

your door?

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 27

Predict

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Three hard trends:

1. Government regulation

2. Technology

3. Demographics

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Adapt

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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.

Tom Hood, CPA, CITP, CGMA

#CCHUC17 | CCHUserConference.com

Future Ready Competencies in the Age of

Machines

• Communications

• Leadership

• Critical thinking and problem solving

• Anticipating and serving evolving needs

• Synthesizing intelligence to insight

• Integration and collaboration

• Tech-savvy / data analytics

• Functional and domain expertise

Our Research:

Get Ready for the Fast Future 30

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Respond lightning fast

Access an encyclopaedic memory

Stay awake 24 x 7 x 365

Remember conversations

Analyze on the fly

Continually learn and improve

Advantage,

machines

Source: AccountingWEB

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 33

Intuition Political acumen Challenging Reading the back story Who’s who? Probability of change Culture What’s in it for me?

Advantage,

humans

Source: AccountingWEB

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 33

“Professional judgment

and expertise is not

replaceable by machines.”

— Cathy Engelbert

CEO, Deloitte

#CCHUC17 | CCHUserConference.com

“What can I become quite good at

that’s really difficult for a computer t

o do one day soon? How can I

become so resilient, so human and

such a linchpin that shifts in

technology won’t be able

to catch up? It was always

important, but now it’s urgent.”

Seth Godin

Get Ready for the Fast Future 31

#CCHUC17 | CCHUserConference.com

“Humans should only do

work that only humans

can do.”

Peter Sheahan

Get Ready for the Fast Future 32

#CCHUC17 | CCHUserConference.com

Session No. 1: Oct. 24, 10:20 a.m. Session No. 2: Oct. 24, 3:30 p.m.

#CCHUC17 | CCHUserConference.com

Adapt

Predict

Aware

Future-

ready

Get Ready for the Fast Future 34

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 35

Forget ROI.

What’s the …

RONI?

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FutureReady.BLIonline.org

#CCHUC17 | CCHUserConference.com

“We are called to be

architects of the future,

not its victims.”

R. Buckminster Fuller

Get Ready for the Fast Future 38

#CCHUC17 | CCHUserConference.com

“The best way to

predict your future

is to create it.”

Abraham Lincoln

Get Ready for the Fast Future 39

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 48Marie Curie

Questions?

#CCHUC17 | CCHUserConference.com

Session No. 1: Oct. 24, 10:20 a.m. Session No. 2: Oct. 24, 3:30 p.m.

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 50Marie Curie

Books These are among the resources that were discussed during

the our “Future-Ready CPA” programs.

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

By Thomas Friedman

bit.ly/2hag0Rg

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 51Marie Curie

Whitepapers These are among the resources discussed

during the our “Future-Ready CPA” programs.

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

Ready-Now Leaders: Meeting

Tomorrow’s Business Challenges

From DDI

bit.ly/V05HQ6

#CCHUC17 | CCHUserConference.com Get Ready for the Fast Future 52Marie Curie

Contect 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

#CCHUC17 | CCHUserConference.com

Get Ready for

the Fast FutureWhy anticipation is the

must-have skill of tomorrow

Bill Sheridan, CAE

Oct. 24, 2017

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