Making Human Capital Management a Strategic Business Priority in a Changing Financial Management World
Sep 17, 2015
From the Government Institute
The world of federal financial managers has entered a new era, with daunting fiscal realities; changing expectations for value-added information to support decision-making and oversight; open government reporting; and the continuing explosion in computing capability and analytic tools.
Government is losing highly-valued, dedicated professionals due to the retirement of baby boomers. The challenge is to recruit and retain financial managers of the future, who bring deep financial management expertise and high-end technology skills.
This article, originally appearing in the Journal of Government Financial Management, addresses the changing of the guard and provides perspectives on the way forward as government says goodbye to the baby boomers and welcomes the millennial generation in greater numbers.