Today’s employers are having a difficult time finding the proper employees to hire. One major factor is the high unemployment rate: most professionals with in-demand abilities already have jobs, and competition for those who are seeking work is strong. Another reason companies are challenged, in my opinion, is that many are no longer pleased with hiring individuals who are good at only one area. To fill so-called hybrid roles, more and more firms are searching for employees with specialized expertise in more than one sector.
The merging of finance and technology
Companies require accounting and financial personnel who can extract significant insights from big data sets or data sets that were previously unavailable, in order to guide strategic decisions. Financial analysts and business analysts are the people who conduct this task, and they have truly hybrid employment. And these hybrid professionals are really difficult to come by. According to research, we conducted with the Institute of Management Accountants, 90 percent of finance directors have difficulty attracting people with business analytics knowledge. The following are the most common skill gaps among financial executives’ teams:
- Identifying key data trends
- Data mining and extraction
- Technological acumen
- Statistical modeling and data analysis
Technology driving the demand for hybrid jobs
Changes in technology, from organizations’ increased dependence on big data to the rise of the Internet of Things, are fueling the need for hybrid professions more than any other factor. As business and technology grow more linked, experts in nearly every field will be required to utilize technology in ways that provide new value and insights for the company. Take, for example, the creative technologist. A creative technologist, as Joseph Corr writes on the TCG Blog, is “a developer who knows the creative process.” This hybrid position holder may provide both artistic and technical expertise to a project.
Positioning yourself for hybrid jobs
What steps can you take to prepare for a hybrid role?
Take classes outside of your core field if you are still in school. We have long urged college students to take philosophy or logic classes to develop the critical thinking abilities that today’s company prizes. Even if you are a liberal arts student, you should consider taking statistics or analytics classes. Whatever employment route you pick, knowing how to read, mine, and modify data will be beneficial.
Hybrid Jobs Programming lessons can also be useful. Many businesses are looking for business executives who can code. You can develop data visualizations and do in-depth analysis with a solid grasp of major programming languages. Many organizations place a premium on knowledge of design and web development techniques such as HTML 5.
Do not worry if you have already started your career. As hybrid roles become more common, firms frequently look to current employees to fill these positions first. When attempting to expand your skill set beyond your typical domain, a strong drive to learn and a readiness to welcome change are two attributes that can help you.
Learning hybrid work skills has also become easier thanks to the Internet. Udacity, an online learning platform, provides “Nano degrees” in areas including web and mobile programming, as well as data analytics. These sorts of materials can assist you in expanding your skillset without having to take a significant professional detour.
Project and consulting work is another approach to developing skills for hybrid positions, especially if you are an established professional with in-demand knowledge. Experimenting with fresh projects at other firms will help you broaden your skills. Many project tasks, such as business system deployment, conversion, and integration projects, need the application and development of particular business, accounting, and technological skills. Even if your present work does not require hybrid job abilities right now, chances are it will in the future. In the world of hybrid professions, accepting the concept that you should aim to become a multidimensional specialist and committing to consistently growing your skillset will help you succeed.