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July 17, 2026
6 min read

Third-Party Exit Planning: Prepare for the Worst, Plan for Control

Exit planning has become a critical element of the third-party risk management lifecycle as organisations contend with a rapidly evolving threat landscape and increasingly disruptive events. Protiviti’s 2026 Executive Perspectives on Top Risks and Opportunities survey ranks third-party risk as the second-highest near-term global risk.
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Prevent change saturation by establishing air traffic control for change management
October 20, 2023
Managing organisational change can be a difficult process regardless of the economic climate. Having multiple initiatives that require participation of several of the same employees is a breeding ground for burnout and employee attrition.Projects often ground to a halt.The best approach: By establishing a center of excellence to manage change — similar to an air traffic control tower — organisations can identify…
From HR to strategic talent advisors: Redesigning workforce planning for success
October 20, 2023
An organisation’s ability to perform, adapt and thrive requires new talent strategies. CHROs and their teams should deploy HR variants of the data-driven, forward-looking FP&A approaches that finance groups employ.A key point: This may require fundamental redesigns of job roles and organisational structure.Yes, but: Organisations cannot solve today’s talent shortage problems with yesterday’s thinking of “Just…
Conducting workforce reductions with compassion
October 20, 2023
Dramatic reductions in force are happening across industries as economic uncertainty leads companies to reevaluate labor expenditures.Why it matters: RIFs are costly to carry out and they damage morale. Handling RIFs with compassion is the right thing to do.RIF alternatives – furloughs, job sharing and compensation changes – can save money, enable swifter recoveries and reduce hits to morale.Organisations should…
Still not operating in the cloud? Things to know for a seamless cloud migration
October 20, 2023
Over the last number of years, we have seen organisations shift to cloud computing, in its various forms. Successful adoption and consumption of cloud services have seen organisations benefit from improved cost-effectiveness, security, agility, resiliency and performance. However, with such a significant shift to new technologies, we have seen differing experiences in the benefits realisation of the shift to cloud…
Accelerating digital banking transformation with cloud technology
September 27, 2023
By 2025, core banking workload deployment on cloud is expected to be 14% of total IT spend.Banks are grappling with outdated applications; data is siloed and trapped within legacy systems and not accessible for customer insights and tailored experiences and services.Regulatory changes in Australia, the UK and U.S., in GDPR and APRA standards for data privacy and operational resiliency, are also impacting the…
Technical debt demands your attention
August 10, 2023
Technical debt consumes nearly one-third of technology budgets and more than one-fifth of technology professionals’ time; 70% of CIOs and technology leaders view technical debt as a major drag on their organisation’s ability to innovate.
The metaverse in 2040? Buckle up for a bumpy ride, says Elon professor and Pew researcher
August 8, 2023
Janna Anderson, professor of communications and director of the Imagining the Internet Center at Elon University, is the lead author of the report The Metaverse in 2040, published in partnership with Pew Research. She is a senior contract researcher for Pew and co-leads the center’s 19-year series of reports outlining experts’ predictions for the most likely future of digital life. The full report, released in late…
Simple is secure: Streamlining smart contract design
July 31, 2023
For security teams looking to implement and design smart contracts, there are many intricacies and nuances that can be overwhelming. Using established standards for the secure development of smart contracts/decentralised applications (dApps) is instrumental to effectively launch smart contracts. In an earlier blog, I introduced the basics of smart contracts; today, I’m diving into existing standards and how to…
Cyber risk quantification for chaos management
July 31, 2023
The most important use of any risk assessment tool is that it must contribute to better decision making on how to manage individual risks. Whether that is treating and reducing risk, or accepting that risk exists, risk management activities must ultimately help management make better decisions. Executives and risk management leaders, though, are increasingly faced with risk decisions they have imperfect information…
Building a ‘metaverse for good’ requires an ethical foundation
July 31, 2023
Nina Jane Patel, Bloomberg's technology columnist, recently entered the metaverse environment Horizon Venues, a newly launched virtual-reality social platform, to have a look for herself. She found the virtual, extended, augmented and mixed reality, along with other Web 3.0 tools, engaging but also a little too real. She unfortunately experienced some “creepy” encounters that included groping, being surrounded by…
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