The CFO Perspective: The Finance Workforce of the Future Looks Bleak
This IDC Perspective reviews the headlines around the low talent pipeline of finance professionals. In this document, we discuss the pipeline issues and the addressable issues required to attract more into the talent pipeline. "This is a wake-up call for CFOs and the C-suite to start investing in the attractiveness of their company with the right talent. Building a talent pipeline is critical for the finance industry and profession."— Heather Herbst, research director, Worldwide Office of the CFO
Please Note: Extended description available upon request.
Executive Snapshot
Situation Overview
Why Is There a Reduced Pipeline for Finance Professionals?
There Is a Difference Between a Financial Analyst and an Accountant
Accountants:
Financial Analysts:
Turnover for Entry-Level and Lower-Level Employees Has Increased
Baby Boomers and Retirements Have an Effect
Is It Not All Doom and Gloom If the CFO and the C-Suite Act Now?
Implement New Systems with Automation to Reduce the Need for Employees: