Digital Risk
Turn Digital Risk to Digital Advantage
Are we fit for the digital age? How can we build confidence in ‘being digital’? To thrive in this new digital eco-system, you and your leaders need to be digitally fluent, confident to adapt to new and familiar digital risks. You need to be digital first. This is how you can turn Digital Risk to Digital Advantage.
Is your digital risk approach fit for the digital age?
Experiences and engagement
In our digital world news, good or bad, travels further and faster.
You need transform how you engage with your stakeholders - partners, customers, employees, and regulators – in support of digital transformation, to ensure you are delivering positive outcomes for all.
Questions to ask yourself
Ambitions and aspirations
To realise your strategic ambitions you need to be confident to make the right decisions and quickly.
The ability to articulate and quantify opportunities and threats in a digital world is challenging. Market forces fluctuate at pace and require an agile and connected approach.
Questions to ask yourself
Changing external environment
You need to meet customer demands. Keep the regulators happy. And stay ahead of the competition.
But the risks associated with digital transformation are leading to increased scrutiny that is often out of sync with the progression of innovation – making it difficult for you to align these priorities.
Questions to ask yourself
Culture and leadership
In the digital era, success belongs to organisations that not only understand digital but also live and breathe it.
Your leaders need to be digitally fluent, and quick to adapt to new and familiar digital risks. They need to navigate digital evolution with confidence.
You need to inspire the right organisational mind-set to enable new ways of working and a culture that embraces digital to the core.
Questions to ask yourself
Branding
A brand can be resilient for decades, but destroyed in minutes.
Your digital evolution, your brand and reputation have never been more important, as you use it to expand or recast your strategic ambitions.
Questions to ask yourself
Organisation and workforce
Your digital success rests on building a workforce that is fit for the future.
Across your organisation you need to ingrain digital fluency, without compromising on security. You need a workforce that is agile, able to keep pace with the speed of digital change.
Your risk and controls teams have a new role to play in this digital world. They must be at the heart of the digital transformation agenda, equipped and empowered to drive organisational value.
Questions to ask yourself
Enterprise operations
Investment in back-end enterprise operations, processes, and new technologies is essential to realise your strategic goals.
But, your risk management must keep pace with a more dynamic and automated operation, and more often than not, this is an after-thought.
Questions to ask yourself
Platform, data and infrastructure
The systems, technology and data that digitally represent your prospects, customers, partners, and suppliers is changing rapidly.
But as you digitally evolve your legacy infrastructure can hold you back.
Questions to ask yourself
New digital ecosystems, business and service models
New business and service models use partners and suppliers in different ways.
Rapid mobilisation can blur lines of visibility across the different parts of your business, creating a new digital eco-system and an increasingly complex threat landscape.