The data explosion and quantum leaps in technology are revolutionizing finance. Bots can now handle labor-intensive transaction processing and reconciliation tasks, so finance staff will inevitably move to more analytic work. The shift requires new knowledge, skills and abilities (KSAs), and learning and development will be essential to an effective transformation.
What financial managers do and how they do it continue to dramatically change. Benjamin Franklin observed, “An investment in knowledge always pays the best interest.” As financial management work evolves, so must learning and development (L&D). The panel will explore issues such as:
Preparing FM organizations to equip their people with KSAs to move to a new normal;
Making FM “street ready” to fully support agency missions with the right information, in the right form, at the right time and with the highest levels of accountability and transparency;
Addressing the needs of a broad range of skill sets.