Laser Focus on Risk Mitigation, Brand Protection Key to Managing Geopolitical Crisis
C-suite executives from the consumer products and services (CPS) industry were remarkably prescient in their risk perceptions for 2022. After one quarter, many anticipated top risks —namely, disruptive technologies, supply chain bottlenecks, rising costs, labor shortages, data breaches and restrictive government policies — have not only persisted but also intensified. For example, inflation and cost […]
4 Steps To Transform Supply Chain Management Amid Today’s New World Order
The CFO’s purview continues to expand amid the shifting tides of globalization. Supply chain risk management represents a newly vital, and growing, segment of that purview. To illustrate: When the Kremlin threatened to nationalize the assets of Western companies that pull out of their country in protest over its invasion of Ukraine, CFOs within those […]
Earth Day Is an Ideal Time for Energy and Utilities Companies to Set a Date for a Carbon Footprint Assessment
Earth Day, observed annually on April 22, marks the anniversary of the birth of the modern environmental movement in 1970. A half-century later, more than a billion people around the world mobilize for action on Earth Day, according to EARTHDAY.org, taking part in activities designed to help change human behavior and create global, national and […]
Jump-Starting Finance Transformation: Changing Stakeholder Demands Requires a Response
When thinking back on the past two years, it is evident that COVID-19 and the restrictions imposed on businesses, travel and commerce fueled widespread changes in finance functions across all industries. But the pandemic’s end — or, at least, its waning severity — hardly means that business has reverted to pre-COVID-19 norms or that those […]
Global Survey Finds CAEs and Executives Not Fully in Sync on Risk Management Priorities for 2022 and 2031
At a time when organizations around the globe are facing a range of uncertainties, from volatility in financial markets to heightened geopolitical tensions, it’s never been more important for senior business leadership and internal audit leadership to be aligned on which risks are most critical for the organization to manage. However, Protiviti’s latest annual Top […]
The War in Ukraine: Globalization Takes Another Hit
As Vladimir Putin’s ground forces remain mired in a stalemate in Ukraine, the situation becomes precarious. With regard to globalization, war is a game changer. Globalization is a phenomenon that has been evolving for centuries as companies and governments worldwide share ideas and principles, exchange goods and services, and forge alliances to increase leverage in […]
