Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Are investment banks ready to
attract, retain
reward
a new generation of talent
?
Copyright © 2016 Accenture All rights re...
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Plus, banks are increasingly using external workforces
with valuable—but not critical—skill sets.
This raises new question...
Major roles are also evolving.
New IT roles will emerge in service integration, and
cloud and client relationship manageme...
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Acce...
LEARN MORE
about how banks are turning workforce challenges
into new opportunities with our full report:
Copyright © 2016 ...
Upcoming SlideShare
Loading in …5
×

Banks are Turning Workforce Challenges Into New Opportunities

6,712 views

Published on

In the search for differentiation and digitization, the nature of banks’ work is changing—along with the skills required to deliver it. The impact is being felt most keenly by front-office and information technology personnel.

To transform, the investment banking industry must first address critical questions about its workforces. In the wake of advances in technology and more stringent banking regulations there has been a shift toward increased transparency. Previous areas of competitiveness have been largely eroded. Return on equity has reduced. Banks are now looking for new ways to deliver value to clients and create a new competitive edge.

Published in: Technology
  • Be the first to comment

Banks are Turning Workforce Challenges Into New Opportunities

  1. 1. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Workforce of the Future: Dealing with Business Change and the Millennial Challenge
  2. 2. Are investment banks ready to attract, retain reward a new generation of talent ? Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. and
  3. 3. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Today, 60—65% of employees are older than 40, with millennials accounting for a majority of the remainder. In three to five years, those percentages will flip. Passing the knowledge that is walking out the door to younger workers will be essential.
  4. 4. Plus, banks are increasingly using external workforces with valuable—but not critical—skill sets. This raises new questions around managing extended workforces—through intermediaries or digital toolsets— along with investment levels, if any, in career development to execute changes in products or culture for future success. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
  5. 5. Major roles are also evolving. New IT roles will emerge in service integration, and cloud and client relationship management—roles where softer skills will be key. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. The traders of tomorrow will supervise largely automated trading activity, overseeing asset liability management and maintaining client relationships.
  6. 6. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. All these critical issues mean talent management must evolve from an administrative function to a true partner of the business equipped to: Attract and retain workers, particularly millennials, who seek a career network rather than a career ladder
  7. 7. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. All these critical issues mean talent management must evolve from an administrative function to a true partner of the business equipped to: Establish a roadmap of required skill sets that is flexible and transparent
  8. 8. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. All these critical issues mean talent management must evolve from an administrative function to a true partner of the business equipped to: Answer extended workforce questions on career development as talent management moves to coordination, not ownership, of talent development
  9. 9. Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. All these critical issues mean talent management must evolve from an administrative function to a true partner of the business equipped to: Use human capital analytics to effectively manage employees, optimize return, and identify future investments
  10. 10. LEARN MORE about how banks are turning workforce challenges into new opportunities with our full report: Copyright © 2016 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Workforce of the Future: Dealing with Business Change and the Millennial Challenge

×