mt Soft skills for the Internal Auditor

PwC’s Academy Change, ... Soft skills for the Internal Auditor April 2014. PwC’s Academy ... PwC’s Academy Managing the IA talent pipeline...

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Soft skills for the Internal Auditor Malta Forum for Internal Auditors In collaboration with:

Soft skills are the new hard skills!

Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 2

Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 3

Top 5 IA Skills sought by Global Recruiters

Analytical and critical thinking 72%

Business Acumen 43%

Risk management 49%

Soft skills for the Internal Auditor PwC

Communicati on Skills 57%

Analyse skills needed & learning order IT general skills 49%

April 2014 Slide 4

Change, agility and flexibility

Times of Change • Require sudden shifts and a high degree of flexibility to switch priorities and projects

Soft skills for the Internal Auditor PwC’s Academy

A more global business world • Require agility to remain vigilantly informed about the latest global developments

A healthy balance between the assurance role and the consultative role

April 2014 Slide 5

Balancing integrity with relationship building

Push

Pull

Fight

Flight

formal

Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 6

The future in communication It is very difficult to predict the future. It’s difficult to even predict what will happen in the next year.

Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 7

The future in communication

Personalised!

Anytime!

Any Place! And on the Move! Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 8

Managing the IA talent pipeline

Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 9

Moving forward… • The establishment of a compelling internal audit ‘brand’ that attracts top talent • Rigorous selection processes that identify a candidates' propensity to develop these valuable attributes • Training programs that target the skills within these attribute areas • Innovative development activities • Performance review programs that reward proficiency in specific noon-technical attributes Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 10

7 Attributes of highly effective auditors

Integrity

Continuous learning

Analyse skills needed & Partnering learning order

Teamwork

Diversity

Soft skills for the Internal Auditor PwC

Relationship Building

Communications

April 2014 Slide 11

Continuing from here….

Soft skills for the Internal Auditor PwC’s Academy

April 2014 Slide 12