The first step in implementing effective risk management (fraud risk and cybersecurity risk) program is context analysis to establish the current state against the best practice or aspiration levels. Which level is our organisation’s risk maturity? What gaps should our risk management agenda close? What will it take to close the gaps? How ready is our organisation for fraud and cyber risk management? Is your risk management agenda progressive? Many risk and anti-fraud professionals just recommend the implementation of fraud risk management programs without readiness assessment and an understanding of the current state. In this TUNA – turbulent, uncertain, novel,…
The future belongs to actionTEAM, the tool for effective collaborators
When people and devices are connected seamlessly, they achieve great things. People who work as lone wolves may achieve success, but it may not be to their full potential. There is power in collaboration. That is why at Summit Consulting Ltd we asked: 1) How do you create accountability for effective strategy execution? 2) As a busy executive, how do you monitor progress against the set (balanced) scorecard targets company-wide? 3) How do you empower each of your over 50+ staff to have clarity of their roles in the journey of business growth? How do you improve staff effectiveness and…
