The Gift of Global Talent: Innovation Policy and the Economy
Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial...
Transcript of Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial...
The Talent Agenda in the New Financial Services Economy
Risper Mukoto, FCCA7th December 2017
Focus has shifted to transformation imperatives that will shape strategy & operating models in the Financial Services Sector
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Quest for profitable growth
Surviving in new era of competition
Defining core business; products & services
Technology reshaping business
Re-defining the operating structure
The New/Bionic Workforce
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Ernst & Young Report
EMPLOYER’S PERSPECTIVE
Emergent culture of the New Workforce ‘Digital DNA’
Exploratory
Modulating risk boundaries
Distributed structure
Flattening and changing hierarchy
Ongoing shifts in decision rights &
power
Changing mix of traditional & non
traditional stakeholders
Collaboration
Morphing team structure
Democratizing information
Dynamic skill requirement
Intentionally collaborative
Geography agnostic
Agility
Iterative
Constant disruption
Continuous innovation
Faster learning
Uneven velocity between digital &
business
Changing nature & topology of work
Continuous disruption
Customer Centricity
Real time and on demand
Increased customer involvement
Preparing for the next decadelanding top talent, developing future leaders
Engaging current employeesemployee value proposition, high quality employee communication
Strategic approach to talentplanning, align business & talent goals, clear metrics, executing talent technology strategy
Redrawing boundaries; diversity strategiesgenerational, gender, global, talent form
Making future investmentssearching for critical skills, emphasis on training
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The new talent agenda; Emerging priorities
THE ACCOUNTANT’SPERSPECTIVE
Technical Skills & Ethics (TEQ)
Intelligence (IQ)
Creative (CQ)
Emotional Intelligence (EQ)
Vision (VQ)
Experience (XQ)
Remaining ahead of the curve; Accountant of the future
Digital (DQ)
Professional Quotients (PQ) for success
• Audit & Assurance• Corporate Reporting• Financial Management• Strategic planning &
performance management• Tax• Governance risk & ethics
Evolving Roles
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