This week, Tony and Wei-Shen talk about issues dealing with transforming the workforce while financial firms start to automate and digitize. They discuss some of the challenges firms face in upskilling existing staff. Later, they touch on the Coronavirus situation in Hong Kong.
1:30 – Wei-Shen and Tony start the podcast highlighting that registration for the North American Financial Information Summit 2020 (NAFIS) is now open. https://www.financialinformationsummit.com/na
3:30 – Then, they discuss Reb’s story (https://www.waterstechnology.com/management-strategy/4839456/the-retraining-conundrum-how-best-to-transform-a-workforce) on transforming the workforce. They address some challenges, both financial and non-financial firms facing in their efforts.
11:00 – Tony talks about how difficult it is to learn new skills and how it’s not as easy as it sounds.
17:00 – They get a little distracted and talk about the latest Korean drama series Wei-Shen is watching.
18:30 – Wei-Shen brings it back to the topic. It takes two to clap. Both the firm and the individual have to put in the work.
21:00 – Can firms prevent talent from leaving to potentially greener pastures despite giving them the toolkit to learn new skills?
24:00 – Wei-Shen speaks about the Coronavirus (Covid-19) situation in Hong Kong and some of the absurdities that have risen from it.
33:00 – They end the podcast by discussing what three items they would steal in such a situation.
