new skills (hard and soft)€¦ · new skills (hard and soft) in the changing world of business 8th...
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New Skills (Hard and Soft)
in the Changing World of Business
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: Why are they chosen?What is our USP
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IndustryPractice
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MBAs from Top 30 Institutes – For IndustryGood Lawyers with finance background – For Practice
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Helps to understand what skills we need to have
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Beginners (Less than 5 years)Established (5 to 20 years)
Experienced (20 to 30 years)Elderly/Veterans (Over 30 years)
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GENERIC SKILLSRequirement for ALL
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•Subject Knowledge
•Identify Problems
•Provide Solutions
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SKILLS TO IMBIBE AND PRACTISE
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ACQUIRED THROUGH EDUCATION AND TRAINING
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DAYS OF ACCOUNTANCY, AUDITING, TAXATION, TRADINGARE ALMOST OVER
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•Financing• To raise funds
• Debts• Equity
• Restructuring
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• Big Data
• Artificial Intelligence
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• Block Chain
• Crypto currency
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• Turnaround Specialist
• Convert Losses into profits• 360 Deg ability
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• Startups
• Raising money • Operationalizing Vision• Negotiations • 360 Deg ability
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• Holistic knowledge• Accounting, MIS & Costing • Audit & Internal Control• Taxation: Direct & Indirect• Corporate Law• Finance• Insurance & Risk Management• Purchase• Logistics• IT• HR
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Summary
• Financing• Big Data & AI• Block Chain and Crypto• Turnaround specialist• Startups• Holistic knowledge
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A BusinessPartner
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Personal Positive Powers
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• Communication• Written• Oral
• Across the table• In Groups• With Superior
• Presentation• Preparation• Explanation
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• Listening
• Most of us don’t listen• Be attentive• Cultivate patience
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• Ethics
• Big issue for CAs• Cuts both ways• To be or not to be
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•EQ
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• COOL & CALM
• Don’t get flustered• Tactical• Time Management
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GENERALLY FOR ELDERLY AND VETERANSADDITIONAL POSSIBILITIES
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Mentoring
Teaching
PodCast
YouTube
Writing
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SUMMARY
• COMMUNICATION• LISTENING• ETHICS• EQ• COOL AND CALM• MENTORING/TEACHING/WRITING
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• GENERIC
• HARD
• SOFT
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How is a CA different?What is our USP?
ü Understand numbersü Above average intelligence
ü Know law
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AIM FOR ROLL ULTIMATELYTO GROW TO CEO
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AIM FOR SR.PARTNER IN REPUTED FIRM OR
SUCCESSFUL PRACTISE OF YOUR OWN
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SOLUTION PROVIDERTURNAROUND SPECIALIST
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ENTREPRENEURBOARD
MD & CEO
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