Economic uncertainty troubles as many as 80% of US CEOs. Not surprisingly, CEOs have hesitated in the recent past to place big bets on new initiatives. That may be changing gradually; risk concerns caused 39% of US CEOs to change strategy last year, but only 19% say risk is a driver of change this year.
The caution and discipline shown in recent years appears to be paying off – there is a readiness to pursue new opportunities. What about preparedness for disruptive events like the Eurozone crisis and the Japanese earthquake? Some companies are succeeding by focusing more on managing the consequences – e.g., supply chain disruptions – rather than getting bogged down calculating the theoretical probabilities of various scenarios.
10Minutes on conflict minerals provides insight into the strategic benefits and risks companies will want to focus on as they comply with the SEC's conflict minerals rule. The rule is effective for 2013 calendar year operations, so regardless of whether companies view conflict minerals as a supply chain opportunity, risk to their brand or another regulatory to-do, they should act now to prepare.
This 10Minutes discusses why cybersecurity is more than an IT challenge—it’s a business imperative. New technologies, well-funded and determined adversaries, and interconnected business ecosystems have combined to increase your company’s exposure to cyberattacks. Critical digital assets are being targeted and the potential impact to your business has never been greater. In order to sufficiently protect the business, future cash flows, and shareholder value, your approach to cybersecurity must keep pace.
Environmental and social issues are posing greater commercial risks than ever. In this 10Minutes we'll explore what's changing and how companies can take a more forward-looking risk approach.
For the continued economic growth of the APEC territories, the need for economic integration, both between the APEC territories, and beyond is established reality. The fastest growing APEC economies will account for about two-thirds of overall APEC trade, up from about half in 2011.
How will the effects of the European debt crisis impact US businesses? PwC shares its views on what companies can do to manage the changes that lie ahead.
Increasing agricultural production on a sustainable basis is key to long term food security in the region. PwC's report offers CEO insights on this and other topics .
The best disaster survival manual may be obsolete if it doesn’t anticipate major disruptions to the supply chain or at outsourced operations. As a result, business continuity management programs are being designed to continually assess— as well as counter—risks stemming from the interdependencies integral to running a business.
Companies everywhere are rethinking risk management in the light of new market realities, according to PwC’s 2011 global risk survey, which also breaks down results by region.
PwC’s 8th annual examination of the internal audit profession, focuses on this rising importance of risk management and internal audit's contribution by taking a closer look at how stakeholders and board members view critical risks and the role internal audit could be playing.
For companies able to manage risks, resource scarcity will create opportunities.
Cyberattacks aren’t just an information technology matter. Legal obligations, damages to the organization, and business relations with customers all come into play. Often the last to know, it is imperative that general counsel be the first on the cybercrime scene. They can play a pivotal role in protecting an organization if they act promptly when a company’s systems have become compromised.
In this interview, author and commentator Niall Ferguson brings this unique perspective to the major issues of the day—financial, economic, and political. As a student of empire, he also offers his views on why civilizations rise, fall, and, possibly, rise again.
You’re invited to join PwC's webcast series which focuses on ways to help your company improve governance, risk and compliance, and achieve the right balance between risk and return.
PwC and Compliance Week teamed up to survey over 120 senior-level compliance executives at leading U.S. companies. The resulting report summarizes the findings of the study and provides selected benchmarking data in four key areas: Compliance organization scope and support; effectiveness; technology and resources and reporting.
As the fastest-growing major economy in the world, China continues to offer global companies attractive investment and business opportunities, but doing business there also means navigating the complexities that arise from China’s unique historical, political, and cultural contexts. Despite the challenges, what are leading US companies doing to succeed in China? For one, they're developing collaborative relationships with Chinese stakeholders and demonstrating the agility to continuously adapt their strategies to the country’s dynamic environment. What other steps are they taking?
Emerging technologies like cloud computing and social media are growing more sophisticated, but so are hacker techniques. As companies look at growth initiatives and ways to hold down costs, what should CIOs do to protect critical data and avoid other information security risks?
Gary Hagmueller is the CFO of Zuora, the first subscription billing and payment management system for the cloud and software-as-a-service [SaaS] entities. Here, he talks about the opportunities Zoura is pursuing by moving the billing process to the cloud, and what benefits and risks this presents for the company's customers.
Initially viewed simply as a way to create more agile, efficient IT organizations, cloud computing is fast becoming the means for a new type of growth based on an opportunity that PwC calls the extensible enterprise. How can CFOs use cloud computing to help the enterprise grow, while dealing with the new challenges it presents around governance, risk, and compliance?