Looking to the future, technology is impacting both competencies and mindsets. The use of technology in the finance function is creating a model of ‘intelligence augmentation’, where technology augments human intelligence. In the finance function of the future, the technical capabilities of robotics and algorithms combine with the creativity and empathy of human accountants.
In this and other ways, our research is challenging current competency assumptions. While competencies are still very important for the finance professional, it’s a specific mindset