This post was originally published on Fin Extra
What does the future workforce in banking look like, and how should banks start preparing for it today?
How can a skills-based approach help banks stay competitive and agile in a rapidly changing industry?
How can financial institutions build skills-based strategies to successfully become AI-driven? And what is currently holding them back?
In a global IT skills shortage, how do financial institutions not only find the right talent, but also manage what future skills are required as AI agents enter the workforce? Which critical skills will be most in demand in the next three – five years, and how do we assess and develop them internally?
As technological change advances at a rapid pace, the existing skills shortage that has been plaguing financial services is being exacerbated. As organisations increasingly struggle to find – and retain – the right talent, one question looms: what will the future workforce look like? According to a Workday survey, 51% of business leaders are concerned about a future talent shortage and foresee a need for upskilling or reskilling.
A skills-based approach is quickly becoming essential for banks to remain competitive and agile. By focusing on skills rather than traditional
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