Two words: Keep learning.
It may be a simple phrase, but each year EY invests $500 million and 12 million hours into classes for employees. These courses are geared toward continuing career growth and helping team members keep up as the industry changes.
Why is EY doing this?
While soft skills like communication, writing, and problem solving are useful no matter how fast an industry changes, the same isn’t always true for hard skills—especially ones related to technology and data. That can be a daunting thought, but EY leaders aren’t waiting for the future to come.
Instead, they are getting ahead of it.
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“Virtually every industry is vulnerable to disruption, and that means there are a few things every company should focus on to ensure their long-term success,” says EY’s Global Chairman and Chief Executive Officer Mark A. Weinberger.
The solution? Weinberger says companies need to disrupt their own approach to work before someone else does.
What does disrupting your own business to fuel career growth look like? Here’s what it means at EY:
1. Instead of just teaching skills like data analytics, EY is going one step further and staging mock business challenges. These challenges show team members how to apply their new skills and understand how they’ll be helpful as the industry changes.
2. As an EY employee, you can earn certificates when you learn a new skill to help you advance both at EY and wherever your career takes you in the future.
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3. EY is building teams differently, pairing up employees with tech talent and those with traditional professional services experience. “We expect to hire more graduates with technological and data backgrounds this year than Google will,” says Weinberger. He believes this combination of backgrounds will lead to the most innovative ideas.
4. They created an entire team focused on the future: the Global Innovation Team, led by EY’s global chief innovation officer, a former Silicon Valley exec. The Global Innovation Team builds pilot projects, or internal start-ups aimed at disrupting EY’s different business areas.
“Our logic is simple: if the world of tax and assurance is going to be disrupted soon, we want to be the ones to do it,” says Weinberger.
Are you ready to help EY prepare for the future? They’re hiring, so explore their open positions on WayUp now! Career growth is waiting for you.
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Globally, EY member firms are leaders in assurance, tax, transaction and advisory services. The insights and quality services EY member firms deliver help to build trust and confidence in the capital markets and in economies the world over.
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