The big picture: Replacing a C-suite executive or high-potential employee can be costly. Yet many organizations’ leadership development and succession programs are hamstrung by inadequacies that can lead to damaging...
Archive - October 2023
From Hamilton to Today: MoAF President David Cowen on the Past, Present and Future of Money in America
Currently, and for the next few months, VISION by Protiviti is exploring the Future of Money. But what is the future without a past? As part of our comprehensive and multi-sided coverage of this topic, we were eager to...
Support Framework for RPA Essential to Meeting ROI Expectations
The big picture: Companies implementing robotic process automation (RPA) often underestimate the importance of a proper support function for their program. Why it matters: Without considering the importance of support...
Got Data Management? Growing Demand for Trusted ESG Reporting Requires M&D Companies to Improve Their Tech
The big picture: The rapid emergence of environmental, social and governance (ESG) mandates from around the globe is requiring companies to collect, organize and report new types of data in new ways; many are not ready...
Do You Have Blind Faith in Your External Partners?
A key point: Cyber criminals are finding success exploiting vulnerabilities in outsourcing arrangements due in large part to the “blind faith” complacency with which many businesses manage third-party vendor...
Ten Steps to Elevate the Annual Budgeting Process
What’s new: The annual budget process can be more than just a routine financial exercise. Why it matters: Setting strategic direction, allocating resources and establishing goals for the upcoming year can elevate the...
ESG Reporting Is Already Required: Here’s What You Need to Know
The big picture: Mandatory ESG reporting will soon be a reality for more than 3,000 U.S. companies, thanks to the EU’s Corporate Sustainability Reporting Directive (CSRD) that took effect last January. Why it matters:...
Manufacturers of Smart Products Must Wage a Cyber Battle on Two Fronts
The big picture: Smart devices have become ubiquitous throughout society, providing greater convenience and efficiency to consumers and businesses. Unfortunately, the occurrence of criminals exploiting device...
Governor Signs California Climate Disclosure Requirements: What Companies Need to Know
In September 2023, California legislators passed the first mandatory climate disclosure bills in the United States. Governor Gavin Newsom signed the two climate-impact reporting measures into law on October 7, 2023. The...
New Research: Navigating a Technology Risk-Filled Horizon
Now is the time for technology audit groups to evolve. The big picture: This year’s Global Technology Audit Risks Survey, conducted by Protiviti and The Institute of Internal Auditors (The IIA), reveals a complex and...