Seizing the opportunity to close the skills gap

I’m a great believer that every challenge is really an opportunity. It is no secret that employers are struggling to recruit staff with the right skills for their organisations. If we could find a way of resolving that shortage, companies would be able to grow more easily, and their employees would have more opportunities for professional advancement. AICPA & CIMA’s research into the future direction of the accounting and finance profession has highlighted the importance of continually learning , unlearning , and relearning skills. This is because the modern workplace is evolving rapidly as a result of digitisation and changes to working practices that developed during the pandemic, such as remote working. The productivity gains that could result from exploiting the opportunities of the new business environment make the process of continued upskilling worthwhile for both workers and their employers. Unfortunately, the skills gap — the disparity between the skills the workforce has and the skills employers need — is currently widening, according to AICPA & CIMA research released in February. In the UK, one of the markets I lead for AICPA & CIMA, we commissioned polling which found that 82% of SME employers identified skills gaps within their […]

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