The AI upskilling imperative for Financial Services
Building a future-ready workforce for the AI age
Data-driven decision making is crucial to organizations’ survival today and success tomorrow. Leaders are making investments in AI, analytics, automation, and digitization, but the opportunities of digital transformation also bring new challenges. Employers are struggling to attract, recruit and retain people with the skills needed to help organizations succeed in a digitized, automated, AI-driven world.
COVID-19 has also shown us how quickly work itself can change. More than three million jobs were lost in Canada in the first two months of the pandemic-driven economic shutdown, a decline far greater than seen in any of the three major recessions since 1980.1 Many of us are now working and collaborating remotely, some for the very first time. All of us will be building our careers in this post-COVID-19 world. Adaptability, flexibility, and a commitment to lifelong learning will be vital, especially as companies and entire industries reposition themselves in a highly digital, data-driven new world and search for the talent that will help them succeed.2
It’s time for companies and individuals to embrace the upskilling imperative.
For companies, upskilling enables them to build a future-ready workforce; for individuals, it’s a way to keep their skills relevant and stay future-ready themselves. Making deliberate, significant investments in learning will ensure organizations and employees alike have the knowledge, skills, and capabilities needed to work effectively in a digital future—and to build and consume AI-powered insights.
Read The upskilling imperative to explore why organizations need to invest in upskilling today.
Any organization’s upskilling journey must begin with a clear sense of where the journey begins and where it ends — or at least the direction of travel. Download the infographic, A roadmap to building a future-ready workforce for the AI age, to help you get started.
Analytics Experience Lead, Analytics
1. Statistics Canada, Labour Force Survey, April 2020. https://www150.statcan.
gc.ca/n1/daily-quotidien/200508/dq200508a-eng.htm. Retrieved May 20, 2020.
2. Bernard Marr, “8 Job Skills To Succeed In A Post-Coronavirus World.” https://
www.forbes.com/sites/bernardmarr/2020/04/17/8-job-skills-to-succeed-in-apost-coronavirus-world/#1459257d2096. Retrieved May 20, 2020.