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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