Insights: Consumer Products & Retail | Newsletter

Welcome to the July edition of Industry Insights for Consumer Products and Retail.

As we find ourselves in the heart of summer, July offers the perfect opportunity to reflect and recalibrate for the remainder of the year. This month, we turn our focus to the critical issues of data privacy and the evolving landscape of AI and emerging technologies. Read on to explore strategies to navigate this complex terrain and ensure your business remains both cutting-edge and compliant.

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Featured Insights

Trusted Partnerships and Collaborative Efforts Drive Success in Data Privacy Initiatives

Establishing a trusted, reliable data privacy program and its associated policies and governance can prove challenging for companies looking to build their global brands. In this case, the client had just invested in several OneTrust modules and was beginning to develop an internal privacy and governance structure.

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Regulation of AI and emerging tech should not stifle innovation

Scott Laliberte on the State of AI and Emerging Tech and the Competing Drives to Innovate and Regulate It

In this conversation with Scott Laliberte, Managing Director and Global Leader of Protiviti’s Emerging Technology Group, Scott discusses all those emerging technologies and if, how and why and when the government should regulate them, and he offers his feedback on a few emerging tech data points from the Protiviti-Oxford global survey on the future of government.

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Top 3 Consumer Goods and Retail Reads

Strategic Product Leadership: Empowering Product Managers for Success

Product managers drive product vision, prioritizing features and aligning teams with market demands and goals, whether for business or technology products. They advocate for customers, oversee roadmap planning and guide teams to successful launches and iterations. However, there are instances when product managers may feel overwhelmed.

Future-Proofing Business: How Strategic and Sustainable Sourcing are Converging to Shape Success

Sustainable sourcing, an emerging trend only a decade ago, is converging with strategic sourcing to become a fundamental component of business strategy. This reflects a broader move toward more ethical and environmentally responsible supply chains – a shift driven by regulatory requirements, technology advances and the realization of long-term benefits of sustainable practices.

2024 Top Risks for Innovation and Transformation Executives

Innovation and transformation executives identified the biggest threats impacting their organizations in Protiviti’s 2024 Top Risks Survey. The executives’ perspectives on risks, listed below, reflect increasing concerns over emerging technologies, workforce challenges, limited growth opportunities, and customer loyalty.

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Protiviti helps Consumer Goods organizations to rethink core business operations and transform for evolving customer needs and stakeholders’ expectations. Our expertise helps companies to respond quickly to challenges and identify innovative ways to embed resilience, optimize margin and improve operational performance.

Retail

Protiviti helps Retail organizations including apparel and specialty, food, beverage and tobacco, restaurants and food service, and home furnishings sectors reach customers where they are through business transformation efforts focused on evolving customer needs.

Topics

Internal Audit and Corporate Governance Risk Management and Regulatory Compliance Business Performance

Industries

Retail Consumer Goods Consumer Products and Services

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Industry Insights - Consumer Products & Retail