Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog March 12, 2021 To Prepare for Risks the Next Decade May Bring, Start Fostering an Innovation Mindset Now In today’s dynamic and uncertain business climate, a company’s ability to innovate continuously and strategically is not only a business differentiator but a survival strategy. The disruption and uncertainty of the past year drew a sharp line between the businesses that innovated quickly and thrived and those that failed to adjust quickly and faltered. It’s also clear that any company aiming to… Blog March 15, 2021 Risk Survey: Future-Readiness Demands Anticipation and Action The business world is vying for a stable footing while navigating the shaky grounds of the current pandemic. There is widespread acknowledgment that markets are evolving to a “new normal” and are not likely to revert back to pre-pandemic norms. As customer preferences and behaviors change and the workplace evolves, business models, out of necessity, must align with new market realities. At the… Blog March 17, 2021 GameStop Saga Exposes Trading Flaws, Reveals Huge Opportunity for a “Disruptor” The January 2021 trading frenzy surrounding GameStop and other meme stocks was driven by the collective mob mentality of people on a social media channel – not by Wall Street-aligned firms or a substantive news event. People with online monikers like “Roaring Kitty” and “BowlerGuy92” tried to take on Wall Street, and, in the end, showed the collective power that distributed investing can have on… Blog March 18, 2021 Consumer Products and Services Executives Identify Pandemic Policies, Market Conditions and Talent Shortage Among Top Risk Issues for 2021 and Beyond The results of the 2021 Top Risks Survey from Protiviti and NC State University’s ERM Initiative reflect equally the unprecedented challenges and opportunities facing the consumer products and services (CP&S) industry as a result of the COVID-19 pandemic. Overall, the results show many CP&S executives are worried about a mix of macroeconomic, strategic and operational risks impacting… Blog March 19, 2021 Transition Service Agreements: Early Planning Avoids These 10 Common Pitfalls Divestitures and carve-outs are a big change for an organization and can bring a great amount of disruption to its operations. During this disruptive period, transition service agreements (TSAs) – temporary agreements to continue to provide services to the carved-out organization until it is up to speed on its own – typically serve as the focal point of divestiture planning, bringing both… Blog March 22, 2021 TMT Executives Identify Pandemic Policies, Cyber Threats and Data Privacy Among Top Risk Issues for 2021 and Beyond Even with COVID-19 cases plummeting and vaccinations ramping up, many organizations worry about aggressive actions by the government to stem the virus and its new variants. Operational challenges posed by the lingering impacts of the pandemic remains a top concern identified by technology, media and telecommunications (TMT) industry group directors and executives in the ninth annual top risk… Blog March 25, 2021 On Risky Women “Radio”: Robots, Resilience and Risk Management “Be bold, be confident and trust your gut. Embrace everything that comes your way with full gusto.” This is the advice that Lucy Pearman, Managing Director and Global Lead of Protiviti’s TRANSFORM Risk and Compliance practice, says she would give to her younger self if she could. In a conversation with Kimberley Cole, founder of Risky Women, a global network connecting, celebrating and… Blog March 25, 2021 The Complexities of Rapidly Evolving Wage Law: Act Now to Mitigate Your Risk No organisation wants to be headline news for underpaying its employees. However, many businesses are being publicly ostracised for violating enterprise agreements (EAs) in Australia. Not only are EAs incredibly complicated, wage law is also evolving rapidly, with Victoria and Queensland passing legislation in 2020. Unfortunately, rapid changes and complex EAs coupled with a shortfall in fully… Blog March 26, 2021 Trends in Credit Reserves Reflect Economic Optimism Many financial institutions reacted quickly in March 2020 to bolster credit loss reserves and incorporate anticipated near-term and longer-term impacts of the COVID-19 pandemic on loss reserve estimates. This came on the heels of adopting one of the most significant accounting changes for financial institutions in decades, the Current Expected Credit Losses (CECL) accounting standard. The CECL… Blog March 29, 2021 An Approach to Measuring the Value of Human Capital Stakeholders have long believed that effective assessments of a company’s performance and prospects require solid information on workforce costs and productivity, on how employees are hired, developed and managed, and other human capital factors. Agencies, governing bodies and investors have recently exerted pressure on a number of authorities worldwide to ensure more human capital information is… Load More