Seven Ways to Strengthen Leadership Succession and Development
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 talent loss. Between the lines: Organizations often don’t adequately communicate advancement pathways and development opportunities to these valuable team members. Our point of view: By […]
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 take a look at the history of money in America specifically: the origins – and prospects […]
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 and the associated costs, organizations put at risk anticipated efficiency gains, business partners’ confidence in the automation and overall investment in automation technology. The bottom […]
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. Why it matters: Manufacturing and distribution (M&D) companies are behind other industries in their data management capabilities, and they […]
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 relationships. As guardians of the enterprise, business leaders should ask themselves these critical questions when considering a third-party vendor arrangement: Is our organization entering into the […]
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 process to one that can be leveraged to guide financial and strategic decisions and allow an organization to adapt to a continuously […]
