A new technology skill every worker needs to be more valuable: Former Goldman Sachs CFO

  • Former Goldman Sachs CFO and CIO Martin Chavez says all workers in the future should be prepared to learn some form of coding. 
  • LinkedIn data shows that there’s been a recent boom in users taking introductory coding courses online, with increases as high as 500% in the past year.
  • But the Wall Street executive recently told CNBC that for most workers the key is to learn an algorithmic, problem-solving way of thinking, rather than becoming an actual computer coder. 

Wall Street won’t be ruled by code, but algos will guide career choices: Former Goldman CFO

UP NEXT

UP NEXT

Martin Chavez served in more than one major role during his Goldman Sachs career, including chief financial officer and chief information officer, and those experiences were prime opportunities for the self-described “quant” to learn a valuable lesson about the future of work and technology. 

Wall Street will not be

Read More
Read More

A new tech skill all workers need to be valuable: Former Goldman CFO

Martin Chavez served in more than one major role during his Goldman Sachs career, including chief financial officer and chief information officer, and those experiences were prime opportunities for the self-described “quant” to learn a valuable lesson about the future of work and technology. 

Wall Street will not be run by computer code alone, he says, but the rise of algorithms in financial services is a lesson in why most workers will need to become familiar with computer code if they want to be valuable to their organizations.

“Not everyone needs to be a coder,” Chavez said. “The idea of coding is valuable and wonderful, but the idea everyone should learn to code? … I don’t know, but everyone does need to have an algorithmic data, problem-solving mindset. That is a baseline skill for every professional in the workplace, no matter what the role is,” the former Goldman Sachs top

Read More
Read More

Impact of COVID-19 increases urgency of digital technology investments for oil and gas; skill gaps within the workforce hinder ROI

HOUSTON, Sept. 29, 2020 /PRNewswire/ — Ninety percent of oil and gas executives agree that investment in technology and workforce are essential to surviving current market conditions, according to a new EY survey: Oil and Gas Digital Transformation and the Workforce Survey 2020. In fact, 58% said the COVID-19 pandemic has made investing in digital technology more urgent, with a majority planning to invest a great deal (29%) or moderate amount (51%) relative to their total budget.

“The COVID-19 pandemic has accelerated the timeline for some digital technology adoption from five years to three months,” said Andy Brogan, EY Global Oil & Gas Leader. “The cost savings digital can deliver is critical for survival in today’s low-price environment, as oil and gas companies look to gain greater operational efficiencies and drive productivity across the value chain. However, to capture the full value of these investments, oil and gas

Read More
Read More