Bob Moritz ’85, U.S. chairman and senior partner of the accounting firm of PricewaterhouseCoopers (PwC), shared five major global trends and the four primary qualities future employees will need to succeed during his on-campus lecture last spring.
Speaking to a full Campus Center auditorium and online viewers who tuned in to the live webcast, Moritz outlined what he described as five “megatrends” that will soon affect people in all career fields and in all countries:
- Shift in global economic power from the United States and Europe to developing countries;
- Demographic shift as the global middle-class moves east toward Asia-Pacific and the workforce ages;
- Accelerating urbanization;
- Climate change and resource scarcity; and
- Technological breakthroughs.
“These trends are happening today and are all connected,” Moritz said.
The international business leader also shared what he described are the four main characteristics employees will need to be successful in their careers. They are:
- IQ, intelligence quotient;
- EQ, emotional quotient;
- CQ, cultural quotient; and
- PQ, passion quotient.
Moritz, who joined PwC immediately after graduating with a bachelor’s in accounting from Oswego, highlighted the absolute importance of cultural understanding and social customs when doing international business, noting how his experience helped shape his global leadership.
“This world is way too small to not understand local culture,” he said. “That’s the world you’re operating in.”
After his campus presentation, Moritz fielded questions from audience members that touched on organizational ethics, personal brand creation, human resource management, global market trends and Oswego campus memories. The following day, Moritz was interviewed on WRVO and went to Syracuse to meet local economic leaders from CenterState CEO, chaired by President Stanley.
“In no way, shape or form would I have dreamed I’d be doing some of the things I’m doing,” he told the students. “Folks, you have no idea what you’ll be doing 25 years from now.”
—Margaret Spillett
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