The changes that will have to occur to bring the audit firms, and their clients, in line may mean not only consolidation of audit firms that can not deliver audit-only services cost effectively and per the standards, but also consolidation of broker-dealers who do not want hire competent accounting and systems professionals in-house or pay for it separately from a firm other than their auditor.
The organization thinks the root of the problem lies in a surplus of white-collar talent and a reluctance among small companies to hire in-house lawyers and other professionals.
Likewise, Best Buy is presently rebuilding its internal IT team and has plans to hire approximately 200 IT professionals to provide a boost to its e-commerce sales.
In all the chatter among human resource professionalsand VCs about how to find andhire the best talent, Tjan says there is too much emphasis on asking whether candidates are qualified to do the job.