Extract from CPA Congress presentation on the future of audit - a futurecast to 2030 and what to learn to apply today. This extract is a very quick snapshot on 10 things to be alert to about industry disruption and how it might hit you.

1. EXTRACT:
TODD’S TOP TEN THINGS
TO KNOW ABOUT DISRUPTION

2. 1. BARRIERS TO ENTRY GONE

3. 2. NO ONE IS SAFE

4. 3. FASTER THAN EVER

5. 4. THE #1 ISSUE FOR BOARDS
Source: Corporate Executive Board 2010

6. 5. NOT JUST DIGITAL
© Resilient Futures all rights reserved

7. 6. IF YOUR VALUE PROPOSITION STINKS,
PREPARE TO BE DISRUPTED

8. 7. OLD ASSUMPTIONS NO LONGER HOLD TRUE

9. 8. NOT THE USUAL SUSPECTS

10. 9. MISALIGNMENT = MASSIVE VALUE DESRUCTION
Conditions Value Capabilities
RF model simplified, © Resilient Futures

11. 10. REAL VALUE ADD
(BE AMAZING)

12. CONCLUSION
1. The competency for a modern organisation
2. Constant vigilance on value
3. Build/buy the right capabilities
4. Enlist a trusted provocateur
5. Buy the book
6. Be amazing

13. RESOURCES
Strategy in action: www.resilientfutures.com
Audit & Risk: www.todddavies.com.au
Twitter: @todddavies
Disrupted Book: ISBN 978-0-9943769-0-9
Todd Davies – 02 9043 1719
todd@todddavies.com.au