Singapore

Details

  • Service: Advisory, Accounting Advisory Services (External Financial Reporting Services), Forensic, Financial Risk Management, Internal Audit Services, Internal Audit Co/Outsourcing
  • Industry: Financial Services, Banking, Insurance, Industrial Markets, Energy and Natural Resources, Information, Communication and Entertainment, Communications, Media, Infrastructure, Government and Healthcare, Healthcare
  • Type: Survey report
  • Date: 1/24/2013

Expectations of Risk Management Outpacing Capabilities 

Developed world economies face more complex regulatory and compliance environments in the aftermath of the financial crisis, while capitalizing on opportunities in the emerging world requires companies to understand new markets and navigate attendant risks. Consequently, risk management remains at the top of the global corporate agenda.Top Eight Risk Management Imperatives for the C-suite in 2013
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A dynamic is evolving: A surge in complexity and uncertainty surrounding organizations as they search for innovative ways to expand into new markets, faceoff against increasing competition and pushing the envelope on technology. Yet these challenges are building faster than most organizations’ abilities to manage with agility, knowledge and a resilient risk-aware culture. Thus, the gap is widening and we are at a turning point – warranting an even stronger capability to master and optimize risk. Stakeholder expectations on an organization’s risk management sophistication continue to grow, yet capabilities are not keeping pace.