Creating value that matters
Risk functions that are digitally fit position their organisations to make smarter risk decisions as they move through digital transformations. Our study shows that when risk functions are digitally fit, the benefits an organisation receives multiply in the forms of faster progress and greater than anticipated payoffs on digital technology investments, and smarter risk taking.
PwC’s 2019 Global Risk, Internal Audit and Compliance Survey was fielded from October to November 2018. A total of 2,073 CEOs, board members and professionals in the areas of risk management, internal audit and compliance responded. Executives in 99 countries and 27 industries participated in the survey.
The survey explores the things that differentiate risk functions that support smarter risk taking as their organisations undertake digital initiatives. A digital fitness index for each risk, compliance and internal audit respondent was created based on the weighting and averaging of multiple survey questions that investigated behaviours in each framework area.
Manpreet Singh Ahuja
Partner & Leader - Risk Assurance Services, PwC India
Tel: +91 (124) 479 7265