Innovation Thought Experiment


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Mar 29 2023 73 mins  

We ask the question: "What if Disney started a cloud accounting firm?"

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  • (00:00) - FF 7 : Inovation Thought Experiment

  • (00:32) - Introduction and what this episode will cover

  • (01:25) - Thank you to our sponsor, Avalara

  • (04:47) - Lets talk about innovation

  • (06:18) - Inspiration bookshelf

  • (11:28) - Quick recap of what the first 6 episodes of this series covered

  • (12:59) - Peter Drucker quote

  • (15:45) - Thank you to our sponsor, Avalara

  • (17:03) - Value increases or decreases based on where its presented

  • (25:38) - A quote on maintaining the status quo & more

  • (28:37) - How we can innovate?

  • (30:50) - Classic definition of innovation and Hector's definition

  • (33:03) - Blake's issue with innovation in the accounting profession

  • (36:43) - Reframing as a technique

  • (40:22) - Summary of innovation steps

  • (43:08) - Thought experiment: What if Disney started an accounting firm?

  • (48:53) - What would they name their firm?

  • (51:23) - What would they charge?

  • (57:14) - What would they call their employees?

  • (01:00:24) - What would they call their customers?

  • (01:04:27) - How would they deliver information? Diversity? & a few more quesitons

  • (01:10:46) - Final thoughts from Hector

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Connect with Hector Garcia, CPA:
Website: http://hectorgarcia.com
LinkedIn: https://www.linkedin.com/in/hectormgarciacpa/

Connect with Blake Oliver, CPA:
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/

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