Technology, security, analytics and innovation in the world of audit and business.
Friday, January 13, 2012
Turning Risk Into Advantage
The KPMG Institute periodically posts cases of considerable interest. In this one, it deals with risk, which is central to the field of IT controls and assurance. It.s called Turning Risk into Advantage. As the Institute says, it's:
"A case study [that] provides an overview of a company that transitioned from a siloed, passive approach to risk management to one that looks at risk in a holistic, enterprise-wide fashion, and in the process, gained a competitive advantage.
This case study examines how the company fostered clear accountabilities and responsibilities for risk management; balanced risk and return through an understanding of risk and what the appetite for that risk is; embedded risk management as part of the overall business strategy."
Read Turning risk into advantage: A case study
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