Aligning Risk Management
Structure
Globalisation, technology and competitive pressure demand a rapid
response in the marketplace. Yet, too often the result is a misalignment
of enterprise-wide risk management structure, stakeholder objectives
and risk management priorities.
To establish and maintain alignment, effective risk management
demands the continuous evaluation of risk identification, control,
management and monitoring processes, including the internal audit
function.
Internal Audit is a key element of an effective enterprise-wide
risk management structure. Aligning its mission, strategic focus
and core processes with stakeholder objectives and risk management
priorities is fundamental to achieving a world-class internal audit
function.
The Spectrum of our
Strategic Assessment Framework
- Identification of Internal Key internal audit stakeholders and articulate of their value drivers
- Improved performance and efficiency of the internal audit process
- Development of internal audit performance metrics directly linked to stakeholder value drivers
- Benchmarking against relevant internal audit, industry and risk management global trends and best practices
