Blog – We need to fundamentally shift how we invest in people

“The hard truth is that financial firms must rapidly transition to a skill-based approach if they want to build a future-ready workforce while mitigating the difficulties posed by a growing skills gap” says our CEO, Claire Tunley, in a blog for Thomson Reuters Regulatory Intelligence.

In the piece, Claire says the national focus on skills, as a driver of growth, is long overdue but nonetheless a positive development. She notes that, in order to address the financial services sector’s skills gap, the UK needs to fundamentally shift how it invests in people and integrates human capability with tech opportunities.

Claire also comments on the way work is changing, with tasks becoming more fluid. She questions whether it is still appropriate for firms to organise work by means of a job description when people are increasingly being asked to work across functional boundaries. One way in which we can address this, she notes, is through the launch of our framework for skill-based organisations, which we launched in November.

You can read the blog in full on the Thomson Reuters Regulatory Intelligence website.