The Accountant will harvest the benefits of cloud !

Today I had the honor to address a small focused group of  Chartered Accountants ( the Indian CPA)  on cloud computing.
Their ability to grasp quickly the business benefits, the huge economics by moving to OPEX and  their experience in financing cost and time over run IT projects made them see the benefits of cloud computing adoption.
The local Chapter of ICAI have now decided to include Cloud Computing in their Continuing Education was heartening.

The Accountant will Harvest the Benefits of Cloud !

Many of them were seasoned system auditors and senior professionals in government and corporate in Mumbai. It was indeed a pleasure to see how quickly they could identify the challenges in cloud computing from a legal and data security point of view and its offering as an utility.
They were quick to seize the benefits of cloud computing for business, the accelerated time to market  and the benefits of starting small with a few SAAS cloud solutions and also the need for a Cloud Strategy coupled with ROI and financials and Vendor Risk.
Today's experience has convinced me that the future of computing is the cloud will be transformed into reality by the Chartered Accountants who realize the value of money, measurement and efficiency for business.
These noble souls  are the ones who will Harvest the Benefits of Cloud Computing and transform it into a computing utility.

Cloud Computing and Business School Academics

Cloud Computing has been changing the global business landscape and the Academics in Business Schools find it a challenge to keep pace.
Today most of the successful businesses are in the cloud, be it Amazon, Facebook, Twitter , Google, blogs, Rackspace,  the list is endless. These companies have created more wealth in less then a decade compared to the stalwarts in the old economy.
Mobility strategy changes every quarter and yesterday's icons have to jump-start all over with a leap of   faith that their solutions will be adopted by the consumer.
Social media has flattened the world and the distances have just shrunk, solutions like YouTube has changed the way we can learn, Wikipedia has become the world's largest and best knowledge portal.
The challenge for Business School academia is how to prepare their students in this fast changing world .
The students have access to knowledge in their finger tips which challenges their professor  and yesterdays business paradigms are no longer valid in today's digital economy.

Academia will be challenged by the pace of  Cloud Computing Economics!

A long time ago HBR case studies used to be the staple diet, but today the world is moving faster and Business schools offer their students real case studies of business which are failing or growing, most of them using cloud as the vehicle.
In the new digital economy the business school courses will need to be made shorter with more digital teaching, mastering topics like Big Data, Analytics, Cloud Computing Economics, Algorithmic trading strategy , digital business strategy, social media  plus more digital economy concepts for business is  the need of the hour.
As I look around I see many business schools losing the plot and falling on the wayside.
cloud computing is truly the catalyst of the Digital revolution in Business but in a time frame of weeks rather then decades.
We need to rethink the Business School Academics and  start working on curriculum that can keep pace with economic changes brought about by the new digital economy.
Business schools need to ride the clouds objectively in grooming future digital business leaders in their business schools who will add value to the global economy.