How finance skills are evolving in the era of artificial intelligence

| McKinsey Direct

Generative AI and other digital technologies are transforming the way work is done, and finance roles are no exception. Less than a year after generative AI tools became widely available, 24 percent of staff in financial services companies were already using them in their work.

It seems inevitable that these technologies will transform the way finance professionals work and the skills they require. This topic has already become a key concern for senior leaders. In a 2023 McKinsey survey, CFOs cited capability building and advanced technologies as the two most effective ways to build resilience in their organizations.

Traditional workplaces are facing other disruptions too, such as the emergence of remote and hybrid roles. How should finance leaders adapt their talent strategy to these new realities? And how should finance professionals change their skill sets to meet the demands of work in an AI-enabled world?

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