Professional services firms need to decide how their businesses will grow and innovate this year to position themselves for future success. In particular, leaders need to think about:
- International growth
- Compliance aligned with client issues
- Data protection
- Audit innovation
- Transaction preparedness
- Technology modernization
Proactive leaders can help prepare their firms for these issues in advance. “If they do that, they'll be better positioned from a governance standpoint in dealing with their regulators,” said Grant Thornton Services Industry National Managing Partner Frederick Kohm. “They’ll also better position themselves for growth because they'll have a better opportunity to serve their clients without disruption.”
"Listen to Kohm outline the top issues for professional services leaders:"
Services industry: Top issues of 2024
What are the top issues that leaders need to keep in mind for 2024?
3:49 | Transcript
National Managing Partner, Professional Services Industry, Grant Thornton
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