Digital disruption's impact on the talent pool

In this episode of The Better Finance Podcast, EY’s Myles Corson and Tony Klimas discuss digital disruption’s impact on the finance talent pool and how skill sets are changing to help finance deliver strategic insights for an organization.

How do technology and talent work best together? EY’s Myles Corson and Tony Klimas discuss digital disruption’s impact on the finance talent pool and how skill sets are changing to help finance deliver strategic insights for an organization.

Key takeaways

• While there is tremendous potential and excitement in moving from an information age to digital age, there is also added pressure to develop the skill set for a drastically changing business climate. 
• As rapid demographic and business challenges actively affect the way business is conducted, finance leaders are asked to justify the investment in new technologies and digital capabilities, increasing their integrated role as business leaders. 
• Creating, and capitalizing on, a culture that emphasizes strong purpose and vision will help CFOs and finance executives attract and retain strong talent, despite the potential for differing expectations across generations. 
• Managing talent with honesty and transparency allows finance executives to address concerns of job stability alongside the advancement of new technology such as artificial intelligence and increased automation. 
• Changing employment models reflect an increased demand for both traditional finance skills, and more creative, interpersonal management skills. Candidates who demonstrate the ability to operate in both spheres will withstand changes more successfully.