Re-Thinking Today’s Firm with Five Global Leaders

Are you building a cathedral or merely breaking stones?
New imperatives, from the U.S. to Spain, Australia, and back: McConnell, Fay, Tomasi, and Majchrzak.

By Bill Penczak

The combination of the summer doldrums and the COVID shutdown has provided some firm leaders pause to get in touch with their right-brainedness.

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These are difficult times for the economy and the industry, and while some firms hope to return to the good old days, COVID and other societal changes may cause a long-overdue sea change in the accounting industry, which has been doing the same thing the same way for more than 100 years.

Sometimes it takes a catastrophe to spur fundamental change, and that’s what we’re seeing today.