Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial...

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The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7 th December 2017

Transcript of Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial...

Page 1: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 2017

The Talent Agenda in the New Financial Services Economy

Risper Mukoto, FCCA7th December 2017

Page 2: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 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

Page 3: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 2017

The New/Bionic Workforce

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Ernst & Young Report

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EMPLOYER’S PERSPECTIVE

Page 5: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 2017

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

Page 6: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 2017

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

Page 7: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 2017

THE ACCOUNTANT’SPERSPECTIVE

Page 8: Risper Mukoto - the Talent Agenda in the New Economy · The Talent Agenda in the New Financial Services Economy Risper Mukoto, FCCA 7thDecember 2017

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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