Economic, political and social unrest, rising inflation and a global climate crisis have placed unprecedented disruption and pressures on organisations looking to navigate a rapidly changing environment.
Shifting regulations, data as an asset, dynamic customer behaviour and employee expectations of continued flexibility in a more virtual workplace add to the challenges.
The organisations that are expected to thrive in this rapidly changing environment are those with a clear (and bullish) strategy for growth and who embrace digital transformation to drive agility, flexibility, and speed.
This way of thinking demands an Internal Audit (IA) function that can evolve as fast as, and is aligned to, the evolving nature of the organisation. Faced with new business models and increasing complexity, IA should adapt to provide the protection and value their organisation requires.
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For further information on any issues discussed in our report, please contact our Risk Consulting team. We'd be delighted to hear from you.
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Patrick Farrell
Partner
KPMG in Ireland
