Grant Thornton LLP CEO Ed Nusbaum and his successor Stephen Chipman talked with Accounting Today editor-in-chief Bill Carlino about how the firm is keeping abreast of new technologies and the ideas of new staffers.

“I think we can learn a lot from the younger generation that are coming into our firm,” said Chipman, who will become chief executive of the U.S. member firm when Nusbaum becomes CEO of Grant Thornton International in January. “Rather than resisting their approach, we should embrace it.”

Grant Thornton has hired change management consultants to help predict where technology will go, Nusbaum noted.

“I got rid of my abacus a long time ago,” he said. “The profession in general — and certainly at Grant Thornton as well — we had to change or we were going to become dinosaurs. And I think we did change, and we’ve adapted tremendously to the changes in the technology.”

To watch more of the interview, click on the video image below:

To view the three previous installments of the interview, see Video: Ed Nusbaum and Stephen Chipman of Grant Thornton, part 1, Grant Thornton Execs Talk Work/Life Balance, and Video: Grant Thornton CEOs Discuss Supreme Court’s PCAOB Case.

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