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  • Lyceum: Staying Relevant in a Changing World


    By Melissa Silverberg

    Dennis M. Nally, chairman and senior partner for PricewaterhouseCoopers LLP, spoke to students on November 5, 2008 about adapting to the constantly changing business world and the way current events will affect their professional careers. His presentation, "Fast Times call for Agile Professionals – Staying Relevant in a Changing World," gave students several important tips to be successful throughout their business careers and as they enter the current, unpredictable economic environment.

    Nally's first tip for students was to "get comfortable with change." He explained that it is important for professionals to be both agile and adaptable to whatever changes occur  so that they stay relevant.

    Secondly, Nally stressed the important of stepping outside your comfort zone and reaching beyond the ordinary. He explained that when students stretch themselves , they have greater chances for success.

    Other ways Nally said students could maintain or even enhance their value in today's unstable environment of business are to never stop learning, find a mentor they can trust, and to look for innovative ways to contribute to busines and society.

    "Hearing Nally speak about the necessity to adapt to change quickly and efficiently provided excellent advice in this unpredictable environment," said Julie Valentyn, accountancy student.

    Nally also spoke about the emergence of other players in the global economy such as China and India, and the way that their growth will affect the global marketplace in years to come. Nally stressed that the rest of the world is catching up to America, a change that will redesign the global economic arena.

    "This will cause a dramatic change in business and relates to new efforts to understand other global marketplaces in our undergraduate business education," Valentyn added.

    Mr. Nally was on campus to speak to accountancy students in the Department's Pofessional Lyceum series and to help cut the ribbon on the new PricewaterhouseCoopers LLP Accountancy Student Center inthe recently opened Business Instructional Facility.

    UIUC College of Business Department of Accountancy