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Innovation: Your Catalyst to Success Across Your Accountancy Practice

written by Editor, 29 April 2015

Blog by Dave Pearson, Senior Development Manager of Practice and Workflow for Digita software
Innovation

Why innovate? You want to do more than just stay in business and keep-up with the competition, right? You want to grow, thrive, be more efficient and improve your work-life balance and profitability? Whatever your reasons, everyone should be looking at what the innovation toolbox has to offer and what it can do for your business.

Innovation

On 13 and 14 May at the Accountex exhibition for accountants in practice, i’ll be presenting concepts to help you re-examine your overall business model or focus in on specific areas where you can add value. I’ll take you through some of the best kept secrets of successful practices and explore the options and opportunities open to you. We’ll dig into why simply expanding your product range is short-termism and how you can get real long-term value from innovation.

While innovation often focuses on new ideas, products and methods, it’s also about process improvement – eliminating waste and continually making changes to your existing processes and procedures, taking you closer to perfection! Identifying waste in everything from skills and physical movement to defects and over processing can make massive savings in time and money. We’ll learn from lean concepts to be able to spot these factors and purge them.

How you engage with your clients and connect with prospective clients also offers massive opportunities to differentiate you from competitors. Your internal organisation and profit model are yours to control, but have you ever thought about how you could change them for the better and even buck the trend?

Bringing together an array of real-world examples, we’ll get your innovation juices flowing with an appetite to take another look at your business and innovate for success across your accountancy practice. Hope to see you at Accountex 2015!

Please comment below if you’re attending Accountex, plus any questions or comments on anything featured in this article.


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