In recent times there has been a paradigm shift in many economies in the way that corporate governance, business ethics, risk management and compliance are approached.
It is a shift that continues to be driven by demanding performance expectations, increasing stakeholder demands and growing public scrutiny after some spectacular failures around the globe.
Potentially, this is a highly positive development. An investment environment places a premium on solid performing businesses that are well-managed, conferring a competitive advantage on businesses that create and maintain a culture of “integrity-driven performance”.
If this is your situation
- You need advice on Board and management performance and accountability.
- You want to embed governance into the organisation.
- You need to make informed risk taking, growth, innovation and development/options selection.
- You need to conduct strategic risk-testing and analysis level of risk associated with selected strategies/options.
- You want to manage processes and mitigate inherent business risk.
- You have an ever growing list of rules and regulations to comply with.
- You want to create a culture where bad news rises and your people act to protect the "brand".
- You want to free up valuable resource by delayering add-on risk and compliance processes.
- You want to reduce the incidents of failure.
- You need reliable and available data for internal and external reporting.
- You need to achieve greater value for compliance spend.
- You need to improve stakeholder and regulator relationships and communication.
- You need to identify and address complaints and breaches of legislation and internal processes.
How PwC can help you
PricewaterhouseCoopers (PwC) can help you to identify, understand and manage risks, both upside and downside. We assist businesses in building forward looking governance and compliance programmes, controlling compliance infrastructures, measuring and monitoring ongoing governance and compliance practices and help build a culture of doing the right thing.
Services we provide include the following:
Managing Business Operations for Compliance Outcomes
- Establishing a compliance mindset
- ‘Simplifying compliance’ by:
- aligning compliance initiatives to business objectives
- embedding compliance into business operations
- leveraging technology
- Compliance assessments
- Design and implementation for risk management systems affecting business process and management
