The scale and evolution of cyber-attacks in the financial services industry need differential protection.. We need the expertise within all levels of the team, along with the blend of process and technology within the organization – Chairman of a leading Financial Services Capital Markets Entity.
“I do not believe you can do today’s job with yesterday’s methods and be in business tomorrow,” Nelson Jackson, automobile pioneer
The availability of large volumes of data is changing the way organizations look at most of their business processes and functions. In the context of internal audit (IA) also, new ways are coming up to utilize the power of analytics. To stay competent and ahead of the curve, the organizations should ask themselves the following questions — Is their organization still relying on traditional methods for its IA process? Does their IA methodology incorporate analytics? If yes, to what extent?
The Government of India aims to transform the country into an ‘India of Tomorrow’, one that is both socially and economically empowered. To enable such transformation, factors such as (i) a sharp focus on sustainable and inclusive growth to drive job creation and enhance economic activity, (ii) social safety nets to protect the socio-economically marginalised, and (iii) social inclusion to ensure equal access for all to education, health, employment and other services are rudimentary imperatives.
The CFO-CMO partnership is a trending one in today’s digital economy, which is guided by increasing customer expectations and business complexities.
This blog post is a follow up to our original blog post on Internal Audit: Harnessing the power of Analytics published on April 24th where we had brought out the need for analytics in IA and provided some use cases for analytics. In this post we would like to talk about some specific examples where analytics has created significant impact for clients.
In current day and time when PE multiples are defying stock market logic and valuations commanded by certain start-ups are making traditional businesses look unattractive; any conversation around corporate governance with these new billionaires is seen with obvious skepticism of “what will change if the principles of corporate governance are stringently followed – since, we already doing so well?”
The smartness quotient of a city must revolve around the needs and challenges of the three key stakeholders of the city: government, businesses and citizens.