The New Era of Risk Management
Finance and procurement leaders have seen a significant evolution in their roles and responsibilities over the last few years. Geopolitical uncertainty, tough regulation and rapidly advancing technology have all put greater pressure on companies, in turn placing greater demands on the financial and risk management functions.
Although these leaders’ functional duties have not diminished, they must now be even more risk-aware and take a holistic approach to the business, striking a balance between the operational and strategic. With multiple operational and strategic risks to manage at all times, strengthening the integration between the risk, finance, technology and procurement teams is crucial.
- How can finance leaders ensure they understand and account for the myriad of risks facing the organisation without losing focus on working capital management?
- How can firms ensure that they meet the expectations of international regulators for third-party risk management?
- What will the role of the finance leader look like in the future? How can they be more risk-aware without losing sight of the big picture?