Tuesday, September 6th, 2022

How Fast Are You?

“Everybody must realize that if you don’t meet customer demand quickly enough, without sacrificing quality, a competitor will.” – Bill Gates

The world’s fastest land animal is the cheetah. It can reach speeds up to 70 mph.

From sloths to snails, tortoises to slugs, the slowest animals in the world just aren’t in a hurry.

I have observed that in many CPA firms change moves at the speed of a covered wagon crossing in the prairie in 1850.

What is needed right now is fast change. Think of the Lockheed SR-71 Blackbird. It flies at 2200 mph. Assess where your firm stands on the speed of change. Are you procrastinating and thinking, “We have plenty of time; let’s work on that next year.” Believe it or not, even with the pandemic and the need for remote work, there are still many firms out there that are not paperless.

This year, you still have time to make some needed changes to enable your firm to be a firm of the future.

I know you are not a jet airplane but are you a cheetah or a sloth?

  • "The only way to win is to learn faster than everybody else."
  • Eric Ries

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