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Shortage of financial talent at home--and abroad
There has obviously been a lot of talk about outsourcing certain internal processes. The software-as-a-service movement seems to be intact. More service providers indeed seem bent on easing their customers concerns about the legitimacy of their services. See the next item on Google. What about the outsourcing of core financial functions. Well, there's a huge lack of talent that might make the idea interesting to you. There are some domestic providers of course--what about going offshore? Well, the fact is that there is a shortage of financial talent around the world. Deloitte surveyed more than 600 senior finance executives from 73 countries and found two-thirds thought that Asia's talent was limited or inadequate. Sixty percent said the same about Europe. At the same time, 42 percent said that they were barely able or unable to meet the demand for finance professionals.
For more on the survey:
- here's a write-up
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