digital transformation https://www.roberthalf.ae/ en All change in the skills department https://www.roberthalf.ae/advice/opinions-and-features/all-change-skills-department <span class="field field--name-title field--type-string field--label-hidden">All change in the skills department</span> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span lang="" about="/user/68221" typeof="schema:Person" property="schema:name" datatype="">gareth.el.mettouri</span></span> <span class="field field--name-created field--type-created field--label-hidden">Mon, 11/26/2018 - 09:00</span> <div class="field field--name-field-eck-ref-featured-image field--type-entity-reference field--label-hidden field__item"><div class="container-fluid rh-eck rh-featured-image-eck-paragraph clearfix"> <div class="row rh-featured-image-eck-paragraph__img-container"> <div class="rh-featured-image-eck-paragraph__img field field--name-field-eck-featured-image field--type-image field--label-hidden field__item"> <picture> <!--[if IE 9]><video style="display: none;"><![endif]--> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_extra_large_1036/public/2019-01/shutterstock_1082068391%20%281%29.jpg?itok=PbWjRWN7 1x" media="all and (min-width: 1280px)" type="image/jpeg"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_large_823/public/2019-01/shutterstock_1082068391%20%281%29.jpg?itok=-Ok5OBfr 1x" media="all and (min-width: 1024px)" type="image/jpeg"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_medium_610/public/2019-01/shutterstock_1082068391%20%281%29.jpg?itok=nXiU-HCX 1x" media="all and (min-width: 768px)" type="image/jpeg"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_large_823/public/2019-01/shutterstock_1082068391%20%281%29.jpg?itok=-Ok5OBfr 823w" media="all and (min-width: 480px)" type="image/jpeg" sizes="90vw"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_small_480/public/2019-01/shutterstock_1082068391%20%281%29.jpg?itok=uP9buoz_ 480w" media="all and (max-width: 479px)" type="image/jpeg" sizes="80vw"/> <!--[if IE 9]></video><![endif]--> <img src="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_small_480/public/2019-01/shutterstock_1082068391%20%281%29.jpg?itok=uP9buoz_" alt="Change in the skills department " typeof="foaf:Image" /> </picture> </div> </div> </div></div> <div class="field field--name-field-eck-ref-main-content field--type-entity-reference field--label-hidden field__items"> <div class="field__item"> <div class="container-fluid rh-eck rh-rich-text-eck-paragraph clearfix"> <div class="row rh-rich-text-eck-paragraph__text-container"> <div class="rh-rich-text-eck-paragraph__text clearfix text-formatted field field--name-field-eck-rich-text field--type-text-long field--label-hidden field__item"><p>Companies around the world are facing challenges to find skilled professionals, and the finance sector is no different. Globally, almost nine in ten firms (89%) said it is a challenge to find the right people to join their finance teams. Across the UAE, 96% of CFOs are finding themselves in a similar situation. This has become even more challenging in the face of digital transformation and automation, with both traditional finance and interpersonal skills also becoming must-haves in the workplace. </p> <p>Within the UAE, the areas in which it is most difficult to find <a href="https://www.roberthalf.ae/expertise-advice/specialised-services/finance-accounting-recruitment">finance and accounting</a> staff are:</p> <ul><li>Accounting – 43%</li> <li>Financial planning and analysis - 39%</li> <li>Risk and compliance – 35%</li> <li>Financial management – 32%</li> <li>M&amp;A and corporate finance – 32%</li> </ul><p>Whilst this situation is similar across many different countries there are some regional differences when it comes to the skills gap. This is typically influenced by the speed of the digital transformation journey that is taking place and cultural priorities.</p> <p>In France, Hong Kong and Singapore, business and financial analysis top the scales as the most difficult skills to find. However, in the UK and Belgium financial planning and control tops the list. So, the question remains: <a href="https://www.linkedin.com/pulse/making-cut-todays-finance-skills-meet-rising-demand-talent-scileppi/" target="_blank" title="Will today's finance skills meet the demands of tomorrow?">will today’s finance skills meet the demands of tomorrow?</a></p> <p>As we hurtle towards an increasingly automated finance function, finance leaders believe some technical and soft skills are expected to become more important than others. Soft skills such as leadership, communication and commercial acumen are important for the finance sector to develop in the next five years. But these must marry with the development of technical abilities such as financial software, accounting and financial reporting, regulation and risk management capabilities. Key skills demands in the future will focus on strategic vision, problem solving, IT skills and data analytics.</p> <p>To fill the skills gap and adapt to changing skill set requirements, companies are having to look at a range of alternative options to address the war for talent. Standard options outlined in the <a href="https://www.roberthalf.ae/salary-guide" title="Robert Half Salary Guide">Robert Half <em>Salary Guide</em></a> have included salary rises, bonus payments, and flexible benefits such as car allowance. Whatever the solution may be, the finance sector must act on the shortfalls in talent that are preventing businesses from moving forward. Businesses must continually adapt to changing requirements and skill sets to recruit, develop and nurture talent to move their organisations forward and advance their employees’ potential.</p> </div> </div> </div></div> </div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline clearfix rh-taxonomy-list"> <div class="field__label inline rh-taxonomy-list__list-name">Tags</div> <dl class='links rh-taxonomy-list__list'> <span class="rh-taxonomy-list__list-term"><div about="/term/technical-skills" id="taxonomy-term-586" class="taxonomy-term vocabulary-tags"> <dt class="rh-taxonomy-list__taxonomy-term"><a href="/term/technical-skills"> <div class="field field--name-name field--type-string field--label-hidden field__item">technical skills</div> </a></dt> </div> </span>, <span class="rh-taxonomy-list__list-term"><div about="/term/digital-transformation" id="taxonomy-term-541" class="taxonomy-term vocabulary-tags"> <dt class="rh-taxonomy-list__taxonomy-term"><a href="/term/digital-transformation"> <div class="field field--name-name field--type-string field--label-hidden field__item">digital transformation</div> </a></dt> </div> </span>, <span class="rh-taxonomy-list__list-term"><div about="/term/accounting-and-finance" id="taxonomy-term-66" class="taxonomy-term vocabulary-tags"> <dt class="rh-taxonomy-list__taxonomy-term"><a href="/term/accounting-and-finance"> <div class="field field--name-name field--type-string field--label-hidden field__item">accounting and finance</div> </a></dt> </div> </span> </dl> </div> Mon, 26 Nov 2018 09:00:00 +0000 gareth.el.mettouri 4681 at https://www.roberthalf.ae The new breed of executive: C-suite skills you need to succeed https://www.roberthalf.ae/advice/c-suite/new-breed-executive-c-suite-skills-you-need-succeed <span class="field field--name-title field--type-string field--label-hidden">The new breed of executive: C-suite skills you need to succeed</span> <span class="field field--name-uid field--type-entity-reference field--label-hidden"><span lang="" about="/user/10156" typeof="schema:Person" property="schema:name" datatype="">robert.half</span></span> <span class="field field--name-created field--type-created field--label-hidden">Mon, 05/21/2018 - 09:00</span> <div class="field field--name-field-eck-ref-featured-image field--type-entity-reference field--label-hidden field__item"><div class="container-fluid rh-eck rh-featured-image-eck-paragraph clearfix"> <div class="row rh-featured-image-eck-paragraph__img-container"> <div class="rh-featured-image-eck-paragraph__img field field--name-field-eck-featured-image field--type-image field--label-hidden field__item"> <picture> <!--[if IE 9]><video style="display: none;"><![endif]--> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_extra_large_1036/public/2018-05/shutterstock_1080160328%20%281%29.jpg?itok=V9sV1m2O 1x" media="all and (min-width: 1280px)" type="image/jpeg"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_large_823/public/2018-05/shutterstock_1080160328%20%281%29.jpg?itok=G0bN1LEu 1x" media="all and (min-width: 1024px)" type="image/jpeg"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_medium_610/public/2018-05/shutterstock_1080160328%20%281%29.jpg?itok=x8f2V8gr 1x" media="all and (min-width: 768px)" type="image/jpeg"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_large_823/public/2018-05/shutterstock_1080160328%20%281%29.jpg?itok=G0bN1LEu 823w" media="all and (min-width: 480px)" type="image/jpeg" sizes="90vw"/> <source srcset="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_small_480/public/2018-05/shutterstock_1080160328%20%281%29.jpg?itok=2ji19Lpv 480w" media="all and (max-width: 479px)" type="image/jpeg" sizes="80vw"/> <!--[if IE 9]></video><![endif]--> <img src="/sites/roberthalf.ae/files/styles/full_width_content_image_1x_small_480/public/2018-05/shutterstock_1080160328%20%281%29.jpg?itok=2ji19Lpv" alt="C-suite skills being shown by the new breed of executive" typeof="foaf:Image" /> </picture> </div> </div> </div></div> <div class="field field--name-field-eck-ref-main-content field--type-entity-reference field--label-hidden field__items"> <div class="field__item"> <div class="container-fluid rh-eck rh-rich-text-eck-paragraph clearfix"> <div class="row rh-rich-text-eck-paragraph__text-container"> <div class="rh-rich-text-eck-paragraph__text clearfix text-formatted field field--name-field-eck-rich-text field--type-text-long field--label-hidden field__item"><p>A new breed of executive is required if businesses are going to match the pace of change in industry and reach growth targets. As reaching the C-suite position is a career goal in the future, find out which C-suite skills will propel your career forwards even further.</p> <h2>1.    Be forward-thinking</h2> <p>Having the ability to support a digital future is one of the C-suite skills many businesses are deliberately searching for in an executive candidate.</p> <p>The influx of new technologies and evolving customer expectations require a leader that is both technologically savvy and willing to adapt in order to take the company forward. This may involve the identification of software which improves the customer experience, streamlining internal processes with new tech, or quickly identifying and adapting to trends.</p> <h2>2.    Data and business acumen</h2> <p>The fast interpretation of data, supported by the ability to take a global view, are desirable C-suite skills for business longevity. This level of awareness will become essential as digital progress closes the gaps between communities and countries.</p> <p>Where businesses once reviewed their competition on a 2 – 5 year timeline, they’re now forced to pick up the pace significantly to avoid losing market share. Smart business decisions and strategic planning require a leader that can interpret data and act quickly as data analysis is a desirable skill to support the transformation and growth of their business.</p> <h2>3.    A collaborative attitude</h2> <p><a href="https://www.roberthalf.ae/its-time-we-all-work-happy">Our report into happiness at work</a> has shown that employees are at their most productive and satisfied when they’re empowered and trusted to make decisions themselves. A shift towards agile work processes means more communication between teams and executives to achieve project aims—executives should lead by example in this.</p> <p>Similarly, research into the digitisation of the workplace has shown that the C-suite are no longer the only individuals with the ability to understand the full impact of digital. Encouraging empowerment and an open dialogue could well be the key to driving the company forward, as especially as communication skills will be key to the future of business.</p> <h2>4.    A leader of cultural change</h2> <p>Having the ability to lead cultural change as a member of the C-suite applies to implementing/sustaining a DevOps methodology and also to having the soft skills needed to promote and maintain a positive company culture.</p> <p>Maintaining both requires C-suite leaders who are committed to hiring culturally appropriate professionals and who are invested in encouraging career and skill development to support the digital shift.</p> <h2>5.    Adaptability</h2> <p>When considering skills C-suite executives need, adaptability is one of the most desirable. Great leaders should be able to adapt their management style to suit the needs of the individuals on their teams, which is proven to illicit a far better performance from them.</p> <p><em>If you’d like to get hired for a C-suite role or are looking for new executive opportunities, <a href="https://www.roberthalf.ae/contact-us">get in touch with the team at Robert Half</a> today.</em></p> </div> </div> </div></div> <div class="field__item"><div class="rh-eck-cta-banner row p-0 m-0"> <div class="rh-eck-cta-banner__image_container"> </div> <div class="rh-eck-cta-banner__text_container"> <div class="clearfix text-formatted field field--name-field-eck-cta-banner-text field--type-text-long field--label-hidden field__item"><div class="text-center text-align-center"><a class="btn btn-primary rh-button-normal" href="/contact-us">Contact Us</a></div> </div> </div> </div></div> </div> <div class="field field--name-field-tags field--type-entity-reference field--label-inline clearfix rh-taxonomy-list"> <div class="field__label inline rh-taxonomy-list__list-name">Tags</div> <dl class='links rh-taxonomy-list__list'> <span class="rh-taxonomy-list__list-term"><div about="/term/digital-transformation" id="taxonomy-term-541" class="taxonomy-term vocabulary-tags"> <dt class="rh-taxonomy-list__taxonomy-term"><a href="/term/digital-transformation"> <div class="field field--name-name field--type-string field--label-hidden field__item">digital transformation</div> </a></dt> </div> </span>, <span class="rh-taxonomy-list__list-term"><div about="/term/leadership-skills" id="taxonomy-term-601" class="taxonomy-term vocabulary-tags"> <dt class="rh-taxonomy-list__taxonomy-term"><a href="/term/leadership-skills"> <div class="field field--name-name field--type-string field--label-hidden field__item">leadership skills</div> </a></dt> </div> </span> </dl> </div> Mon, 21 May 2018 09:00:00 +0000 robert.half 3846 at https://www.roberthalf.ae