02 May 2017
ISCA CEO, Mr Lee Fook Chiew, was interviewed by The Business Times on the question of "What do you think your workplace will look like in 10 years' time? How might the profile of your workforce change?" This is what he has to share:
Technology is changing how businesses operate, and the need to invest in technology to stay competitive will be the constant. Our co-worker in 10 year's time may not yet be a robot, but the individual will certainly be using more technology to enhance value creation and maximise business productivity. More mechanical or rule-based jobs today, such as data entry clerks, may be displaced and disappear in the future. Therefore, to continue to thrive in a fast changing and highly disruptive world, accountants will need to acquire multi-disciplinary skills and knowledge such as critical thinking, creativity, predictive analytics, and an understanding of coding. More importantly, they will need to stay open-minded, be adaptable and take ownership of their own professional development and growth.
It was first published in "Views From the Top" in The Business Times on 1 May 2017.
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