Risk Management & Compliance Solutions Perspectives

The intensity of change in today’s business environment requires new ways of thinking about risk. Facing an interconnected vortex of disruptive technologies, cyber-threats, complex business ecosystems, globalizing markets, and amplified regulatory scrutiny, businesses need proactive, innovative governance, risk, and compliance (GRC) strategies to seize competitive opportunities and meet stakeholder expectations.

Publications

GRC technology: Enabling the three lines of defense

GRC technology enables agile and resilient risk management processes by providing a common platform to collaborate, exchange information and conduct reporting. It also helps to eliminate manual activities and create greater efficiency within each of the three lines of defense.

Joe DeVita
Joe DeVita
Partner, GRC Technology Solutions Leader
Tel: +1 (203) 539 4186
Connect with Joe on LinkedIn

State of Compliance 2016

5 key questions on laying a strategic foundation for strong compliance risk management.

Andrea Falcione
Andrea Falcione
Managing Director, Risk Management & Compliance Solutions
Tel: +1 (617) 530 5011
Connect with Andrea on LinkedIn

Trends in compliance organizational structures

Compliance and ethics programs have grown in popularity recently. This paper focuses on five structural trends that enable compliance and ethics to assist with the growth of an organization.

Bobby Kipp
Bobby Kipp
Partner, US Compliance & Ethics Solution Leader
Tel: +1 617 530 4602
Connect with Bobby on LinkedIn

ERM and BCM
Together at last

Organizations that integrate enterprise risk management (ERM) into their strategic planning efforts have found that business continuity management (BCM) enhances both their value creation objectives and their protection objectives. The confidence that comes from identifying and appropriately addressing interruption risks enables them to more boldly execute those strategic plans. But to gain that confidence requires the melding of ERM and BCM programs.

Phil Samson
Phil Samson
Partner, Business Continuity Management Solution Leader
Tel: +1 (214) 754 7269
Connect with Phil on LinkedIn

Beyond risk identification
Evolving provider ERM programs

PwC conducted research to assess the state of enterprise risk management (ERM) within healthcare providers and found many are operating at comparable levels to their peers. However, given the increasingly complex and risk saturated environment providers operate in, there’s an urgency for providers to continuously enhance and improve their ERM programs beyond their current capabilities.

Stephen Zawoyski
Stephen Zawoyski
Partner, Enterprise Risk Management Leader
Tel: +1 (847) 323-4946
Connect with Stephen on LinkedIn

Integration opportunities for ERM programs

The best way to sustain enterprise risk management (ERM) programs—and generate ongoing value–is to integrate risk management processes with other business activities. Successful integration efforts require substantial planning and organization buy-in.

Stephen Zawoyski
Stephen Zawoyski
Partner, Enterprise Risk Management Leader
Tel: +1 (847) 323-4946
Connect with Stephen on LinkedIn

Rethinking loss prevention and shrink management
Findings from PwC’s retail industry survey

The pace of change in the retail industry has accelerated dramatically. The retail industry is struggling to manage the emerging risks it faces. Companies must act to control their loss prevention and shrink management objectives. The Loss Prevention & Shrink Management Study explores the findings from our 2015 retail industry survey.

Stephen Zawoyski
Bill Titus
Managing Director, Loss Prevention Strategy and Analytics Solution Leader
Tel: +1 (224) 256-6508
Connect with Bill on LinkedIn

Enabling performance through advanced monitoring and testing: A collaborative monitoring and testing solution for power and utilities

Increased regulatory demands, the proliferation of technology, and dynamic customer and market behavior are driving rapid change in the power and utilities business climate. As utilities act to seize the opportunities before them, they must also make sure they are properly managing the associated risks and obligations in a cost-effective manner.

Jerry Stone
Jerry Stone
Partner, Managed Monitoring and Testing Services Leader
Tel: +1 (410) 659-3630
Connect with Jerry on LinkedIn

Integrating risk scenario analysis into an ERM program

This article in our How to achieve excellence in risk management series, describes the potential benefits from risk scenario analysis, and describes a methodology for introducing risk scenario analysis to support strategic decision-making. Once risk scenario analysis is introduced to a management team, it often becomes a standard part of the risk analysis and planning process.

Stephen Zawoyski
Stephen Zawoyski
Partner, Enterprise Risk Management Leader
Tel: +1 (847) 323-4946
Connect with Stephen on LinkedIn

Enabling performance through advanced monitoring and testing: A monitoring and testing solution for the pharmaceutical and life sciences industry

As pharmaceutical and life sciences companies act to seize the vast and evolving opportunities of this environment, they must also make sure they are properly managing their inherent risks and obligations, and doing so in a cost-effective, scalable manner. Continuous monitoring and testing can give management day-to-day assurance that what’s supposed to be happening within the company’s operational controls and compliance environment is really happening.

Jerry Stone
Jerry Stone
Partner, Managed Monitoring and Testing Services Leader
Tel: +1 (410) 659-3630
Connect with Jerry on LinkedIn

Risk in review Decoding uncertainty, delivering value

PwC's annual risk survey included responses from over 1,200 global business executives and leaders who shared their views about the risk climate, their companies' risk management practices, and the key risks they're worried about now and on the horizon. So what did we learn from this year's survey?

Brian Schwartz
Brian Schwartz
Principal, Risk Management & Compliance Solutions Leader
Tel: +1 (202) 729-1627
Connect with Brian on LinkedIn
@Schwartz__Brian

How to achieve excellent enterprise risk management

If you are looking for practical advice on how to develop enterprise risk management capabilities to support business decision-making, then you will want to read and subscribe to our series. In addition, the series focuses on continuous improvement to evolve organizations beyond the compliance-oriented initial risk assessment activities.

Stephen Zawoyski
Stephen Zawoyski
Partner, Enterprise Risk Management Leader
Tel: +1 (847) 323-4946
Connect with Stephen on LinkedIn

State of Compliance Survey, 2015

In today's dynamic business environment, with rapidly emerging trends driving new compliance risks and impacting legal regulation, it's more challenging than ever for companies to understand and meet baseline obligations. We explore five themes on how the compliance function can move beyond its traditional responsibilities for meeting baseline legal and regulatory requirements and toward a more strategic role in the organization.

Andrea Falcione
Andrea Falcione
Managing Director, Risk Management & Compliance Solutions
Tel: +1 (617) 530-5011
Connect with Andrea on LinkedIn

Improving enterprise resiliency with GRC technology

Risk-aware organizations are recognizing that enterprise resiliency can be significantly enhanced by leveraging their investment in GRC technology. Effective use of GRC technologies enables enterprise resiliency program owners to focus their time on leading and monitoring their programs' efficacy instead of being consumed with actively managing the documentation.

Phil Samson
Phil Samson
Principal, Business Continuity Management Solutions Leader
Tel: +1 (214) 754-7269
Connect with Phil on LinkedIn

Enabling performance through advanced monitoring and testing activities

Companies today need speed, agility, and adaptability to keep up with rapidly changing technologies, evolving customer needs, increasingly globalized businesses, intensifying regulatory pressures and fast-shifting business models. Continuous monitoring and testing is designed to give management day-to-day assurance into the company's controls and compliance environment. Learn more about the benefits of pursuing an advanced managed monitoring and testing solution in PwC's report.

Jerry Stone
Jerry Stone
Partner, Managed Monitoring and Testing Services Leader
Tel: +1 (410) 659-3630
Connect with Jerry on LinkedIn

Six ways risk management helps companies move faster

Involving risk management in business decisions not only helps to avoid pitfalls but can also enhance a company's growth prospects.

Brian Schwartz
Brian Schwartz
Principal, Risk Management & Compliance Solutions Leader
Tel: +1 (202) 729-1627
Connect with Brian on LinkedIn
@Schwartz__Brian