Uncertainty and opportunity are two familiar bywords of the digital age. An ever-changing and disruptive marketplace provides an abundance of opportunities, but it also creates proliferating risks which can upend any...
Archive - February 2020
Assembling a New Labor Model in the Manufacturing Industry: Four Innovations to Consider
Manufacturing organizations have to find innovative ways to tackle a game-changing skills shortage if they intend to thrive in the new decade. For the past two years, leaders of manufacturing companies around the globe...
Economic Conditions, Digital Adoption and Talent Shortage Headline the Top Risks List for Tech Companies in 2020
Technology, media and telecommunications (TMT) organizations around the globe entered 2020 feeling uncertain about their prospects for business growth in the year ahead. The potential for a downturn, which increases...
Innovating AML Compliance: The Next Regulatory Imperative?
Incorporating innovative approaches into anti-money laundering (AML) and financial crime prevention remains a key agenda item for the financial services industry, trade associations, advocacy groups and, increasingly...
Risks at the Intersection of Talent, Culture, Innovation and Technology
Certain kinds of risks, if left unaddressed, inhibit organizations’ capacities to deliver on strategic targets. Particularly noteworthy are the crucial relationships between such risk areas as talent, culture...
Cybersecurity Trends in 2020: What to Expect and How to Prepare
Cyber attacks continue to rank among the leading business concerns in 2020, according to the eighth annual Executive Perspectives on Top Risks, a joint survey by Protiviti and NC State University’s ERM Initiative...
Succession Planning in Finance: Sourcing the Next Generation of Leaders
According to Protiviti’s most recent Top Risks survey, succession planning is among leaders’ top concerns. At the same time, another survey conducted by Robert Half among chief financial officers (CFOs) only shows a...
Gender Diversity Can Aid Cybersecurity: CISO Panel Suggests Keys to Greater Female Participation
It’s no secret that the current skills shortage is especially acute in the area of cybersecurity. A 2018 study by the International Information System Security Certification Consortium, or (ISC)², reported a shortage of...
Insurers Targeted in UK Supervisory Authorities’ Latest Effort to Develop Formal Operational Resilience Regulations
The resiliency of the insurance industry, especially its ability to protect policyholders from the impact of severe operational failures, is a major focus of the latest regulatory effort to strengthen the operational...
The 2020 Audit Committee Agenda: Asking the Right Questions
With accounting standards changing and regulatory scrutiny expanding beyond financial performance, 2020 offers an opportunity for audit committees to work on improving the broader risk and control environment, including...