Blog: What the World Economic Forum’s Future of Jobs Report Means for Internal Audit

Blog: What the World Economic Forum’s Future of Jobs Report Means for Internal Audit

In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here’s an excerpt from his latest post:

​Last October, in the shadow of U.S. elections and the ongoing tsunami of the COVID-19 pandemic, the World Economic Forum (WEF) released the third edition of its The Future of Jobs Report 2020. It landed under the radar for most of us, and at 163 pages including country and industry profiles, it’s an exhaustive document that only economists and futurists could truly love. But buried within the report is a treasure trove of information on how the job market is likely to be impacted by COVID-19 and the ongoing Fourth Industrial Revolution, the digital revolution. There is also an ominous forecast for those of us in the audit profession, but more about that later.

In the report’s executive summary, the WEF emphasizes that it “aims to shed light on: 1) the pandemic-related disruptions thus far in 2020, contextualized within a longer history of economic cycles, and 2) the expected outlook for technology adoption jobs and skills in the next five years.”

Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.

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