PodChats for FutureCFO: Talent strategies for the finance function for 2024

CXOInsights by CXOCIETY

Talent shortage continues to persist in many parts of the world including Asia. In Singapore, for example, the shortage of accounting staff is most felt by small accounting firms that struggle to compete with the Big Four accounting firms.

A Gartner survey of finance function employees revealed some interesting conundrums faced by both employers and employees in the finance function. Joining us today on PodChats for FutureCFO is Ms Shannon Cole, senior director analyst, research, in the Gartner Finance practice, to shed on the results of the survey and what the CFO, HR and heads of finance might want to consider to improve the odds of finding and holding on to their talent.
1. What are the top takeaways from the survey?

2. Would you say that these five attrition drivers are as much a result of the legacy way of work of the roles (in finance)?

3. What can be learned from finance leaders who have excelled in their careers?

4. Despite apprehensions around the inclusion of emerging technologies like AI into work processes, how should professionals striving to build a career in finance take advantage of these technologies to boost their career prospects?

5. For HR and finance leaders, what should they do to modernise the finance processes to ensure improved employee morale?

6. 2024 is just around the corner, any last-minute advice for those seeking to build a career in finance?