Political influence on growth, mission critical objectives, risk-based decision making.

Align on need for risk-informed strategy

To help the business balance risk effectively, CROs are reaching across the three lines of defense to harmonize and reinforce their messaging to the board, CEO and senior leaders. The most influential risk leaders also participate in early strategic and transformation decisions, when risk insights can mean the difference between success and failure. By aligning on risk factors and using technology and data insights to inform key decisions, you can empower your organization to make bold moves with confidence.

Begin by collaborating with other risk leaders across the three lines on risk standards, terminology and messaging. Define a vision for risk management that supports your organization’s goals. Sharpen communication and other soft skills to collaborate more effectively and demonstrate the business value of risk-informed decision-making.

Reinvent, redesign, re-engineer, lead the pack, circular economy.

Win the reinvention race

Big challenges create big opportunities. Amid uncertainty, many top executives sprint toward enterprise-wide transformation, leveraging the digital advancements and adaptability gained during crises. Provide your companies with new business models and revenue streams to help prepare them to meet future challenges.

Optimize technology and AI – unlock the ROI on the investment, gain efficiency.

Improve transparency and reporting

Transparent, accurate disclosure is critical to establishing trust and driving shareholder value, but it’s becoming increasingly complex. Effective reporting on regulatory obligations — covering cybersecurity, data protection, privacy, supply chain, sustainability and AI — as well as voluntary disclosure are key to maintaining credibility with investors, regulators, customers and employees. The same goes for internal reporting to the board, especially on risks to strategic priorities like transformation and  business model reinvention. Integrating risk with reporting bolsters accuracy and consistency in communications, uniting teams internally and building trust externally.

Consider how automation and tech-enabled data management can build an agile, robust reporting function that seamlessly adapts to evolving disclosure obligations. Coordinate with other teams to make sure that messaging is consistent. Enhance your risk quantification capabilities to drive informed internal decisions and foster greater external transparency.

Resilience, sustainability, business continuity, radical innovation.

Manage regulatory risk

Regulatory change at the federal, state and global level is accelerating. Compounding the complexity is the uncertainty introduced by the recent election and changing regulations. Savvy risk leaders understand that managing evolving regulatory expectations requires agility, automation, strong data quality and governance, rationalized controls and alignment across the enterprise.

Start by confirming your regulatory change management processes are functioning effectively, enabling you to monitor new developments, assess their business impact and communicate implications to leadership. Update your enterprise risk assessment and resulting risk inventory to account for the impact and interdependencies of regulatory uncertainty on business strategies and enterprise risks. Consider adopting an AI-powered regulatory risk intelligence platform for real-time alerts and data-driven insights.

Building operational resilience

Build operational resilience

Operational resilience requires your organization to evolve continuously, safeguarded from shocks while maintaining its ability to adapt, create value and stay competitive. However, tension can exist between the diverging goals of resilience versus agility. Balancing these competing demands requires a strategic, enterprise-wide approach to resilience that’s centrally governed and embedded into operations and the corporate culture.

Seek opportunities to collaborate on and shape your enterprise resilience strategy. Identify your critical business services, map their dependencies and integrate your resilience capabilities and reporting around those services. Align your program with your organization’s strategy, values and investment priorities. Leverage advanced technology and mine intelligence from data to help you anticipate, prevent, manage, simulate and learn from risks and disruption.