Transform risk and complexity to your advantage.
Rethink risk and compliance to drive strategy, capabilities and performance.
You'll be better able to anticipate change, be more agile, and more adept at identifying opportunities. All powerful drivers of competitive advantage and growth. This is what we mean by creating a risk advantage.
More sources of risk and complexity are evident, ranging from new technologies, cyber threats, regulatory requirements and changes in accounting and tax rules. Today, risk is dynamic, spread over the globe (with little time to plan and prepare) and has greater, more far-reaching impact.
Your reputation – with your customers and employees, the public, regulators and other companies – is what keeps you in business and underpins your success. But reputation can be lost with terrifying speed. Hackers steal your data. A competitor accuses your sales force of corruption. A dispute with your business partner threatens to erode value.
The new COSO Enterprise Risk Management Framework is changing the conversation we have about risk.