The future of auditing: Why power skills are non-negotiable?
Forbes’ Top 10 in-demand skills and The World Economic Forum’s essential skills identified the eight critical power skills every professional must cultivate: digital literacy, data literacy, critical thinking, emotional intelligence, creativity, collaboration, flexibility, and leadership skills.
The Institute of Internal Auditors concurs—skills like communication, business acumen, and influence are now must-haves for thriving in today’s evolving post Covid era audit landscape.
Today, auditors are expected to be more than just assurance experts—they’re trusted advisors, innovators, and change-makers. To meet these demands, developing power skills is a must.
Take Vikram, an audit manager who faced some tough challenges. He had to present a critical report to Senior Management, highlighting gaps in processes that no one wanted to hear.
Thanks to his power skills, Vikram navigated the situation with empathy and clear communication, building trust with senior leaders.
His ability to listen actively and present insights effectively turned a potentially hostile meeting into a constructive dialogue that led to positive changes.
Now, imagine if Vikram had not evolved. His message might have been dismissed, straining relationships and leaving key risks unaddressed.