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  • Whitepaper
    Can we trust culture and conduct to guide decision making in the financial services industry?
    More than 15 years after the great financial crisis, the financial industry’s culture and conduct remain very much in the headlines. Has nothing changed? A lot has indeed changed, though bad actors still manage to prevail at times. Maintaining good culture and conduct relies on the collective efforts and responses of financial institutions, regulators, and customers. We itemise a list of steps…
  • News
    Protiviti Named a 2024 Fortune Best Workplace in the Bay Area
    Consulting firm one of 25 Best Large Companies recognized for corporate culture and employee experienceMENLO PARK, Calif. – June 13, 2024 – Global consulting firm Protiviti has been named to the Fortune Best Workplaces in the Bay Area 2024™ list. This marks the sixth time the company has made the highly competitive list, which recognizes organizations based in the San Francisco Bay Area that have…
  • News
    Protiviti Launches Generative AI Tools to Empower Clients and Enhance Internal Operations
    New tools leverage Protiviti’s AI expertise, enables the firm to advise clients on this rapidly emerging technology and improves efficiencyMENLO PARK, Calif. – June 12, 2024 – Protiviti recently introduced ProtivitiGPT, a custom-built firmwide internal Generative AI based application to enhance the development of cutting-edge business solutions. The application has been made operationally…
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    Innovation elevates security concerns
    Not surprisingly, while many organizations are pursuing an innovation agenda, security risks are on the minds of many technology executives, especially when it comes to implementing new technologies.
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    Technical debt remains a major burden
    As organizations strive to increase their focus, and time and resources, on innovation, technical debt becomes a significant concern and burden that can lead to decreased productivity as well as increased costs and risk. On average, nearly 70% of organizations view technical debt as having a high level of impact on their ability to innovate.
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    A call to action for technology leaders
    Following are steps companies should undertake or continue over the near term to ensure they can increase their agility and sustain their innovation and transformation journey successfully over the long term:
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    Strategies to organize for innovation and address roadblocks vary
    Technology initiatives need someone to champion the project. That champion can be an executive sponsor or accountable executive whose goal is to garner buy-in and move projects forward. In nearly half of organizations, that person is the chief innovation/strategy officer, while in close to one in three organizations these responsibilities fall to the chief technology officer (or equivalent).
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    Innovation is a clear goal for most - strategies and approaches are still works in progress
    Innovation is critical in an ever-changing business environment. Organizations that fail to prioritize innovation are more likely to fail – in fact, in a separate global survey of board members and C-suite executives, the rapid speed of disruptive innovation is ranked among the top risk issues for organizations over the next decade.
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    Protiviti Switzerland GmbH
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    Global Technology Executive Survey - Key Findings
    On average, an organization invests more than 30% of its IT budget and more than 20% of its overall resources to manage and address technical debt.
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