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Addressing tech skills shortages in financial services

Addressing tech skills shortages in financial services

As digitisation increases within banking, financial services and insurance, tech leaders are faced with the task of aligning skills to strategy.

Ensuring the learning and development function is positioned in line with business strategy is therefore of paramount importance. Regardless of how much emphasis is placed on acquiring technology solutions and understanding how best to utilise them, if employee training is not aligned with the organisation’s needs, progress will not be made.

Homing in on business goals is an efficient starting point. Only then can outlining clear key performance indicators (KPIs) in an intentional manner support the talent strategy.

By communicating a business goal to employees and requesting their feedback, talent management can be bolstered by considering behavioural traits, in addition to cultural fits - hiring strong candidates who can make smart decisions. Employers must be asked: what business outcomes do we expect technology skill development to deliver for us?

Download this Finextra impact study, in association with Pluralsight, to learn more.


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