How to Invest in Your Team
Skills that are becoming critical for finance roles include:
Tech proficiency: Technology is becoming more integrated in finance, meaning your team must be prepared to use various apps and software.
Data analytics: There’s more data available than ever, and financial professionals must be able to analyze what that data means, which particular data points are important, and how to use that information to predict future business.
Adaptability: Staying nimble and adaptable is crucial to success in an unpredictable . business environment.
However, there are other ways to invest in your finance staff outside of professional development. Show your appreciation. Employees that feel appreciated will be happier, more productive and less likely to look for other employment opportunities.
Prioritize work/life balance: Keep an eye on the work hours of your staff and see if there is anything you can do to help manage heavy workloads (especially during the busy months). Encourage lunch breaks (and don’t forget to buy lunch sometimes) and time off.
Host team building activities: Plan social gatherings or games for your team to help build relationships. Consider, doing a yearly team offsite. Offsites give your team a chance to step away from the day-to-day work and build camaraderie. Plus, they’re a ton of fun!
Acknowledge hard work: Everyone wants to be recognized for their hard work so it’s important to celebrate your staff at any given opportunity. Whether it’s a simple ‘thank you’ email or giving your team the afternoon off, giving praise is just what your office needs for a happier, more productive environment.